Filing Flows › Omnicell (OMCL) › Q2 2026 › vs Q2 2025
Omnicell (OMCL) Q2 2026 vs Q2 2025 (year over year)
Omnicell's revenue rose $21.6M (+7%) from $291M in Q2 2025 to $312M in Q2 2026. The biggest changes: Product revenues +$11.9M (+7%); Service revenues +$9.8M (+8%). Gross margin 49.0% against 43.9% (+5.0 pts).
Omnicell, Q2 2026: revenue $312M (+7% year over year), operating margin 10.4%, net earnings $24.3M, operating cash flow $68.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 49.0% | 43.9% | +5.0 pts |
| Operating margin | 10.4% | 2.8% | +7.6 pts |
| Net margin | 7.8% | 1.9% | +5.8 pts |
| Free cash flow margin | 19.0% | 10.7% | +8.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Connected devices, software licenses, and other | $149M | $139M | $10.6M | +8% |
| SaaS and Expert Services | $68.6M | $63.6M | $5.0M | +8% |
| Technical services | $68.6M | $63.8M | $4.8M | +8% |
| Consumables | $25.8M | $24.6M | $1.3M | +5% |
| Product revenues | $175M | $163M | $11.9M | +7% |
| Service revenues | $137M | $127M | $9.8M | +8% |
| Revenue | $312M | $291M | $21.6M | +7% |
| Gross profit | $153M | $128M | $25.3M | +20% |
| Cost of revenue | $159M | $163M | −$3.6M | -2% |
| Other income, net | $1.4M | $2.3M | −$949K | -41% |
| Operating profit | $32.4M | $8.1M | $24.3M | +300% |
| Operating expenses | $120M | $120M | $928K | +0.8% |
| Pre-tax earnings | $33.8M | $10.5M | $23.4M | +224% |
| Research & development | $20.3M | $21.6M | −$1.3M | -6% |
| SG&A | $100M | $98.0M | $2.2M | +2% |
| Net earnings | $24.3M | $5.6M | $18.6M | +331% |
| Income tax | $9.5M | $4.8M | $4.7M | +98% |
| Depreciation & amortization | $18.8M | $19.6M | −$800K | -4% |
| Share-based compensation | $12.2M | $10.5M | $1.7M | +16% |
| Working capital & other | $13.0M | $7.0M | $6.0M | +86% |
| Operating cash flow | $68.3M | $42.8M | $25.6M | +60% |
| Free cash flow (OCF − capex) | $59.4M | $31.0M | $28.4M | +92% |
| Capital expenditures | $8.9M | $11.8M | −$2.8M | -24% |
Questions
How much did Omnicell's revenue grow year over year in Q2 2026?
Omnicell's revenue rose $21.6M (+7%) from $291M in Q2 2025 to $312M in Q2 2026.
What drove Omnicell's revenue change in Q2 2026?
Product revenues +$11.9M (+7%); Service revenues +$9.8M (+8%).