Filing Flows › Mettler Toledo International (MTD) › Q2 2026 › vs Q2 2025
Mettler Toledo International (MTD) Q2 2026 vs Q2 2025 (year over year)
Mettler Toledo International's revenue rose $44.1M (+4%) from $983M in Q2 2025 to $1.0B in Q2 2026. The biggest changes: Chinese Operations +$25.2M (+16%); US Operations −$20.0M (-5%); Other Operations +$16.9M (+9%). Gross margin 63.3% against 59.0% (+4.3 pts).
Mettler Toledo International, Q2 2026: revenue $1.0B (+4% year over year), operating margin 28.2%, net earnings $233M, operating cash flow $310M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 63.3% | 59.0% | +4.3 pts |
| Operating margin | 28.2% | 25.3% | +2.9 pts |
| Net margin | 22.7% | 20.6% | +2.1 pts |
| Free cash flow margin | 27.5% | 21.6% | +5.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| US Operations | $352M | $373M | −$20.0M | -5% |
| Western European Operations | $227M | $212M | $15.1M | +7% |
| Other Operations | $204M | $187M | $16.9M | +9% |
| Chinese Operations | $187M | $162M | $25.2M | +16% |
| Swiss Operations | $56.5M | $49.6M | $6.9M | +14% |
| Revenue | $1.0B | $983M | $44.1M | +4% |
| Gross profit | $650M | $580M | $70.3M | +12% |
| Cost of revenue | $377M | $403M | −$26.2M | -7% |
| Operating profit | $289M | $249M | $40.7M | +16% |
| Operating expenses | $361M | $331M | $29.6M | +9% |
| Pre-tax earnings | $289M | $249M | $40.7M | +16% |
| Research & development | $53.0M | $49.3M | $3.7M | +8% |
| SG&A | $263M | $247M | $16.0M | +6% |
| Other operating costs | $44.5M | $34.6M | $9.9M | +28% |
| Net earnings | $233M | $202M | $30.6M | +15% |
| Income tax | $56.5M | $46.3M | $10.2M | +22% |
| Depreciation & amortization | $20.5M | $19.5M | $1.0M | +5% |
| Share-based compensation | $5.4M | $5.4M | −$11K | -0.2% |
| Working capital & other | $51.6M | $9.2M | $42.5M | +463% |
| Operating cash flow | $310M | $236M | $74.0M | +31% |
| Free cash flow (OCF − capex) | $283M | $212M | $70.1M | +33% |
| Capital expenditures | $27.8M | $23.9M | $3.9M | +16% |
Questions
How much did Mettler Toledo International's revenue grow year over year in Q2 2026?
Mettler Toledo International's revenue rose $44.1M (+4%) from $983M in Q2 2025 to $1.0B in Q2 2026.
What drove Mettler Toledo International's revenue change in Q2 2026?
Chinese Operations +$25.2M (+16%); US Operations −$20.0M (-5%); Other Operations +$16.9M (+9%).