Filing Flows › O'Reilly Automotive (ORLY) › Q2 2026
O'Reilly Automotive (ORLY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
O'Reilly Automotive (ORLY) reported revenue of $4.9B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +7% from the quarter before. Operating margin was 20.2%, net earnings $715M (14.6% of revenue).
O'Reilly Automotive, Q2 2026: revenue $4.9B (+8% year over year), operating margin 20.2%, net earnings $715M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.9B | +7% | +8% |
| Gross profit | $2.5B | +7% | +8% |
| Operating profit | $986M | +17% | +8% |
| Net earnings | $715M | +18% | +7% |
| Operating cash flow | $1.0B | -3% | +33% |
| Free cash flow | $693M | — | +54% |
What changed
Revenue was $4.9B in Q2 2026, up 8% year over year and up 7% from the previous quarter.
Gross margin was 51.4%, unchanged from Q2 2025. Operating profit was $1.0B, a 20.2% margin (down 0.1 points year over year). Of the extra revenue versus Q2 2025, 19% reached operating profit, below the 20% margin then. Operating expenses grew 8% against revenue growth of 8%. Net earnings were $0.72B, up 7% year over year. The effective tax rate was 22.6%.
Operating cash flow was $1.0B (up 33% year over year), 141% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.14B. After other items ($0.31B) and excess tax benefit from share-based compensation payments ($0.01B), free cash flow as the company reports it was $0.69B.
Questions
What was O'Reilly Automotive's revenue in the second quarter 2026?
O'Reilly Automotive (ORLY) reported revenue of $4.9B for the second quarter 2026 (Q2 2026), +8% from a year earlier and +7% from the quarter before.
Was O'Reilly Automotive profitable in the second quarter 2026?
Operating profit was $986M (20.2% of revenue) and net earnings $715M.