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Mettler Toledo International (MTD) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 31, 2026

Mettler Toledo International (MTD) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +8% from the quarter before. Operating margin was 28.2%, net earnings $233M (22.7% of revenue).

Revenue$1.0B
Year over year+4%
Quarter over quarter+8%
Operating margin28.2%
Net earnings$233M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.0B+8%+4%
Gross profit$650M+17%+12%
Operating profit$289M+38%+16%
Net earnings$233M+37%+15%
Operating cash flow$310M+122%+31%
Free cash flow$283M+131%+33%

What changed

Revenue was $1.0B in Q2 2026, up 4% year over year and up 8% from the previous quarter. US Operations was the largest line at 34% of revenue. Chinese Operations added $0.03B year over year (up 16%), 57% of the total change. US Operations declined 5%.

Gross margin was 63.3%, up 4.3 points from Q2 2025. Operating profit was $0.29B, a 28.2% margin (up 2.9 points year over year). Of the extra revenue versus Q2 2025, 92% reached operating profit, above the 25% margin then. Operating expenses grew 9% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $0.23B, up 15% year over year. The effective tax rate was 19.5%.

Operating cash flow was $0.31B (up 31% year over year), 133% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.03B left free cash flow of $0.28B.

Questions

What was Mettler Toledo International's revenue in the second quarter 2026?

Mettler Toledo International (MTD) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +8% from the quarter before.

Was Mettler Toledo International profitable in the second quarter 2026?

Operating profit was $289M (28.2% of revenue) and net earnings $233M.

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Source: Mettler Toledo International 10-Q on SEC EDGAR.