Filing Flows › Newmarket (NEU) › Q2 2026 › vs Q1 2026
Newmarket (NEU) Q2 2026 vs Q1 2026 (quarter over quarter)
Newmarket's revenue rose $77.4M (+12%) from $670M in Q1 2026 to $747M in Q2 2026. Gross margin 32.4% against 33.0% (-0.5 pts).
Newmarket, Q2 2026: revenue $747M (+7% year over year), operating margin 21.9%, net earnings $134M, operating cash flow $162M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 32.4% | 33.0% | -0.5 pts |
| Operating margin | 21.9% | 21.4% | +0.5 pts |
| Net margin | 17.9% | 17.6% | +0.3 pts |
| Free cash flow margin | 18.0% | 13.8% | +4.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $747M | $670M | $77.4M | +12% |
| Gross profit | $242M | $221M | $21.6M | +10% |
| Cost of revenue | $505M | $449M | $55.8M | +12% |
| Other income, net | $6.7M | $8.4M | −$1.8M | -21% |
| Operating profit | $164M | $143M | $20.4M | +14% |
| Operating expenses | $78.8M | $77.7M | $1.1M | +1% |
| Pre-tax earnings | $170M | $152M | $18.7M | +12% |
| Research & development | $30.4M | $31.6M | −$1.2M | -4% |
| SG&A | $48.4M | $46.0M | $2.4M | +5% |
| Net earnings | $134M | $118M | $15.7M | +13% |
| Income tax | $36.6M | $33.6M | $3.0M | +9% |
| Depreciation & amortization | $31.8M | $31.7M | $137K | +0.4% |
| Working capital & other | $3.4M | $25.7M | −$22.3M | -87% |
| Operating cash flow | $162M | $124M | $38.1M | +31% |
| Free cash flow (OCF − capex) | $135M | $92.4M | $42.3M | +46% |
| Capital expenditures | $27.4M | $31.6M | −$4.2M | -13% |
Questions
How much did Newmarket's revenue grow quarter over quarter in Q2 2026?
Newmarket's revenue rose $77.4M (+12%) from $670M in Q1 2026 to $747M in Q2 2026. Gross margin 32.4% against 33.0% (-0.5 pts).