Filing Flows › Parker-Hannifin (PH) › Q2 FY26
Parker-Hannifin (PH) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jan 30, 2026
Parker-Hannifin (PH) reported revenue of $5.2B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +2% from the quarter before. Operating margin was 22.8%, net earnings $845M (16.3% of revenue).
Parker-Hannifin, Q2 FY26: revenue $5.2B (+9% year over year), operating margin 22.8%, net earnings $845M, operating cash flow $862M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +2% | +9% |
| Operating profit | $1.2B | -0.1% | +19% |
| Net earnings | $845M | +5% | -11% |
| Operating cash flow | $862M | +10% | -8% |
| Free cash flow | $768M | +11% | -6% |
What changed
Revenue was $5.2B in Q2 FY26, up 9% year over year and up 2% from the previous quarter. Diversified Industrial was the largest line at 67% of revenue. Aerospace Systems added $0.22B year over year (up 14%), 50% of the total change.
Operating profit was $1.2B, a 22.8% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 21% margin then. Total costs grew 6% against revenue growth of 9%. Net earnings were $0.84B, down 11% year over year. The effective tax rate was 20.6%.
Operating cash flow was $0.86B (down 8% year over year), 102% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.09B left free cash flow of $0.77B.
Questions
What was Parker-Hannifin's revenue in the second quarter fiscal 2026?
Parker-Hannifin (PH) reported revenue of $5.2B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +2% from the quarter before.
Was Parker-Hannifin profitable in the second quarter fiscal 2026?
Operating profit was $1.2B (22.8% of revenue) and net earnings $845M.
Source: Parker-Hannifin 10-Q on SEC EDGAR.