Filing Flows › Marzetti (MZTI) › Q2 FY26
Marzetti (MZTI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 3, 2026
Marzetti (MZTI) reported revenue of $518M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and +5% from the quarter before. Operating margin was 14.5%, net earnings $59.1M (11.4% of revenue).
Marzetti, Q2 FY26: revenue $518M (+2% year over year), operating margin 14.5%, net earnings $59.1M, operating cash flow $88.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $518M | +5% | +2% |
| Gross profit | $137M | +16% | +3% |
| Operating profit | $75.2M | +27% | -0.6% |
| Net earnings | $59.1M | +25% | +21% |
| Operating cash flow | $88.6M | +27% | -18% |
| Free cash flow | $70.9M | +32% | -27% |
What changed
Revenue was $518.0M in Q2 FY26, up 2% year over year and up 5% from the previous quarter. Retail was the largest line at 54% of revenue. Foodservice added $11.9M year over year (up 5%), 137% of the total change. Retail declined 1%.
Gross margin was 26.5%, up 0.4 points from a year earlier. Operating profit was $75.2M, a 14.5% margin (down 0.3 points year over year). Operating profit fell $477K even though revenue rose $8.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 9% against revenue growth of 2%. Net earnings were $59.1M, up 21% year over year. The effective tax rate was 22.6%.
Operating cash flow was $88.6M (down 18% year over year), 150% of net earnings. Non-cash charges added back $17.5M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $9.4M. Capital expenditures of $17.7M left free cash flow of $70.9M.
Questions
What was Marzetti's revenue in the second quarter fiscal 2026?
Marzetti (MZTI) reported revenue of $518M for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and +5% from the quarter before.
Was Marzetti profitable in the second quarter fiscal 2026?
Operating profit was $75.2M (14.5% of revenue) and net earnings $59.1M.
Source: Marzetti 10-Q on SEC EDGAR.