Filing Flows › Provident Financial Services (PFS) › Q2 2026
Provident Financial Services (PFS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Provident Financial Services (PFS) reported revenue of $235M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +4% from the quarter before. Operating margin was 45.2%, net earnings $78.1M (33.3% of revenue).
Provident Financial Services, Q2 2026: revenue $235M (+10% year over year), operating margin 45.2%, net earnings $78.1M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $235M | +4% | +10% |
| Operating profit | $106M | -4% | +4% |
| Net earnings | $78.1M | -2% | +9% |
| Operating cash flow | $119M | +40% | -36% |
| Free cash flow | $109M | +34% | -41% |
What changed
Revenue was $234.7M in Q2 2026, up 10% year over year and up 4% from the previous quarter.
Operating profit was $106.1M, a 45.2% margin (down 2.6 points year over year). Of the extra revenue versus Q2 2025, 18% reached operating profit, below the 48% margin then. Total costs grew 15% against revenue growth of 10%. Net earnings were $78.1M, up 9% year over year. The effective tax rate was 26.3%.
Operating cash flow was $118.8M (down 36% year over year), 152% of net earnings. Non-cash charges added back $11.8M of depreciation and amortization. Working capital and other items added $28.9M. Capital expenditures of $10.2M left free cash flow of $108.6M.
Questions
What was Provident Financial Services' revenue in the second quarter 2026?
Provident Financial Services (PFS) reported revenue of $235M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +4% from the quarter before.
Was Provident Financial Services profitable in the second quarter 2026?
Operating profit was $106M (45.2% of revenue) and net earnings $78.1M.