Filing Flows › Pioneer Bancorp (PBFS) › Q2 2026
Pioneer Bancorp (PBFS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Pioneer Bancorp (PBFS) reported revenue of $28.3M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +15% from the quarter before. Operating margin was 16.9%, net earnings $3.5M (12.3% of revenue).
Pioneer Bancorp, Q2 2026: revenue $28.3M (+16% year over year), operating margin 16.9%, net earnings $3.5M, operating cash flow $14.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.3M | +15% | +16% |
| Operating profit | $4.8M | -16% | -41% |
| Net earnings | $3.5M | -34% | -46% |
| Operating cash flow | $14.7M | — | +189% |
| Free cash flow | $14.2M | — | +212% |
What changed
Revenue was $28.3M in Q2 2026, up 16% year over year and up 15% from the previous quarter.
Operating profit was $4.8M, a 16.9% margin (down 16.4 points year over year). Operating profit fell $3.4M even though revenue rose $3.9M versus Q2 2025, so costs grew faster than sales. Total costs grew 45% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+1174%). Net earnings were $3.5M, down 46% year over year. The effective tax rate was 27.2%.
Operating cash flow was $14.7M (up 189% year over year), 421% of net earnings. Non-cash charges added back $1.1M of depreciation and amortization and $446K of share-based compensation. Working capital and other items added $9.6M. Capital expenditures of $417K left free cash flow of $14.2M.
Questions
What was Pioneer Bancorp's revenue in the second quarter 2026?
Pioneer Bancorp (PBFS) reported revenue of $28.3M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +15% from the quarter before.
Was Pioneer Bancorp profitable in the second quarter 2026?
Operating profit was $4.8M (16.9% of revenue) and net earnings $3.5M.
Source: Pioneer Bancorp 10-Q on SEC EDGAR.