Filing Flows › Nwpx Infrastructure (NWPX) › Q2 2026 › vs Q1 2026
Nwpx Infrastructure (NWPX) Q2 2026 vs Q1 2026 (quarter over quarter)
Nwpx Infrastructure's revenue rose $21.2M (+15%) from $138M in Q1 2026 to $159M in Q2 2026. Gross margin 21.5% against 19.3% (+2.3 pts).
Nwpx Infrastructure, Q2 2026: revenue $159M (+20% year over year), operating margin 13.3%, net earnings $15.8M, operating cash flow $14.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 21.5% | 19.3% | +2.3 pts |
| Operating margin | 13.3% | 9.2% | +4.1 pts |
| Net margin | 9.9% | 7.6% | +2.3 pts |
| Free cash flow margin | 6.2% | 18.7% | -12.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $159M | $138M | $21.2M | +15% |
| Gross profit | $34.4M | $26.7M | $7.7M | +29% |
| Cost of revenue | $125M | $112M | $13.5M | +12% |
| Operating profit | $21.2M | $12.7M | $8.5M | +67% |
| Operating expenses | $13.2M | $14.0M | −$800K | -6% |
| Pre-tax earnings | $21.5M | $12.5M | $8.9M | +71% |
| Net earnings | $15.8M | $10.5M | $5.3M | +50% |
| Income tax | $5.6M | $2.0M | $3.6M | +182% |
| Share-based compensation | $2.4M | $1.3M | $1.1M | +84% |
| Working capital & other | $4.2M | −$17.4M | $21.6M | — |
| Operating cash flow | $14.1M | $29.3M | −$15.2M | -52% |
| Free cash flow (OCF − capex) | $9.9M | $25.8M | −$15.9M | -62% |
| Capital expenditures | $4.2M | $3.5M | $750K | +22% |
Questions
How much did Nwpx Infrastructure's revenue grow quarter over quarter in Q2 2026?
Nwpx Infrastructure's revenue rose $21.2M (+15%) from $138M in Q1 2026 to $159M in Q2 2026. Gross margin 21.5% against 19.3% (+2.3 pts).