Filing Flows › Newell Brands (NWL) › Q2 2026 › vs Q2 2025
Newell Brands (NWL) Q2 2026 vs Q2 2025 (year over year)
Newell Brands's revenue rose $59.0M (+3%) from $1.9B in Q2 2025 to $2.0B in Q2 2026. The biggest changes: Learning and Development +$42.0M (+5%); Home and Commercial Solutions +$11.0M (+1%); Outdoor and Recreation +$6.0M (+3%). Gross margin 40.7% against 35.4% (+5.3 pts).
Newell Brands, Q2 2026: revenue $2.0B (+3% year over year), operating margin 14.2%, net earnings $106M, operating cash flow $29.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 40.7% | 35.4% | +5.3 pts |
| Operating margin | 14.2% | 8.8% | +5.4 pts |
| Net margin | 5.3% | 2.4% | +2.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Home and Commercial Solutions | $903M | $892M | $11.0M | +1% |
| Learning and Development | $851M | $809M | $42.0M | +5% |
| Outdoor and Recreation | $240M | $234M | $6.0M | +3% |
| Revenue | $2.0B | $1.9B | $59.0M | +3% |
| Gross profit | $812M | $685M | $127M | +19% |
| Cost of revenue | $1.2B | $1.2B | −$68.0M | -5% |
| Operating profit | $283M | $171M | $112M | +65% |
| Operating expenses | $529M | $514M | $15.0M | +3% |
| Pre-tax earnings | $195M | $71.0M | $124M | +175% |
| Other expense, net | $88.0M | $100M | −$12.0M | -12% |
| SG&A | $519M | $508M | $11.0M | +2% |
| Other operating costs | $10.0M | $6.0M | $4.0M | +67% |
| Net earnings | $106M | $46.0M | $60.0M | +130% |
| Income tax | $89.0M | $25.0M | $64.0M | +256% |
| Operating cash sources | $204M | $142M | $62.0M | +44% |
| Depreciation & amortization | $78.0M | $79.0M | −$1.0M | -1% |
| Share-based compensation | $20.0M | $17.0M | $3.0M | +18% |
| Working capital & other | $175M | $200M | −$25.0M | -12% |
| Operating cash flow | $29.0M | −$58.0M | $87.0M | — |
| Capital expenditures | $47.0M | $59.0M | −$12.0M | -20% |
| Negative free cash flow (OCF − capex) | $18.0M | $117M | −$99.0M | -85% |
Questions
How much did Newell Brands's revenue grow year over year in Q2 2026?
Newell Brands's revenue rose $59.0M (+3%) from $1.9B in Q2 2025 to $2.0B in Q2 2026.
What drove Newell Brands's revenue change in Q2 2026?
Learning and Development +$42.0M (+5%); Home and Commercial Solutions +$11.0M (+1%); Outdoor and Recreation +$6.0M (+3%).