Filing Flows › Ollie's Bargain Outlet Holdings (OLLI) › Q2 FY26
Ollie's Bargain Outlet Holdings (OLLI) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 3, 2025
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $680M for the second quarter fiscal 2026 (Q2 FY26), +17% from a year earlier and +18% from the quarter before. Operating margin was 11.3%, net earnings $61.3M (9.0% of revenue).
Ollie's Bargain Outlet Holdings, Q2 FY26: revenue $680M (+18% year over year), operating margin 11.3%, net earnings $61.3M, operating cash flow $80.7M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $680M | +18% | +17% |
| Gross profit | $271M | +14% | +24% |
| Operating profit | $77.0M | +37% | +27% |
| Net earnings | $61.3M | +29% | +25% |
| Operating cash flow | $80.7M | +181% | +84% |
| Free cash flow | $54.3M | 28× | +872% |
What changed
Revenue was $679.6M in Q2 FY26, up 17% year over year and up 18% from the previous quarter.
Gross margin was 39.9%, up 2.1 points from a year earlier. Operating profit was $77.0M, a 11.3% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 11% margin then. Operating expenses grew 23% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+50%). Net earnings were $61.3M, up 25% year over year. The effective tax rate was 24.8%.
Operating cash flow was $80.7M (up 84% year over year), 132% of net earnings. Non-cash charges added back $9.9M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $26.4M left free cash flow of $54.3M.
Questions
What was Ollie's Bargain Outlet Holdings' revenue in the second quarter fiscal 2026?
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $680M for the second quarter fiscal 2026 (Q2 FY26), +17% from a year earlier and +18% from the quarter before.
Was Ollie's Bargain Outlet Holdings profitable in the second quarter fiscal 2026?
Operating profit was $77.0M (11.3% of revenue) and net earnings $61.3M.