Filing Flows › Nwpx Infrastructure (NWPX) › Q2 2026
Nwpx Infrastructure (NWPX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Nwpx Infrastructure (NWPX) reported revenue of $159M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +15% from the quarter before. Operating margin was 13.3%, net earnings $15.8M (9.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +15% | +20% |
| Gross profit | $34.4M | +29% | +35% |
| Operating profit | $21.2M | +67% | +60% |
| Net earnings | $15.8M | +50% | +75% |
| Operating cash flow | $14.1M | -52% | +159% |
| Free cash flow | $9.9M | -62% | +411% |
What changed
Revenue was $159.5M in Q2 2026, up 20% year over year and up 15% from the previous quarter.
Gross margin was 21.5%, up 2.5 points from Q2 2025. Operating profit was $21.2M, a 13.3% margin (up 3.3 points year over year). Of the extra revenue versus Q2 2025, 30% reached operating profit, above the 10% margin then. Operating expenses grew 9% against revenue growth of 20%. Net earnings were $15.8M, up 75% year over year. The effective tax rate was 26.3%.
Operating cash flow was $14.1M (up 159% year over year), 89% of net earnings. Non-cash charges added back $2.4M of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $4.2M left free cash flow of $9.9M.
Questions
What was Nwpx Infrastructure's revenue in the second quarter 2026?
Nwpx Infrastructure (NWPX) reported revenue of $159M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +15% from the quarter before.
Was Nwpx Infrastructure profitable in the second quarter 2026?
Operating profit was $21.2M (13.3% of revenue) and net earnings $15.8M.