Filing Flows › Perrigo (PRGO) › Q2 2026 › vs Q1 2026
Perrigo (PRGO) Q2 2026 vs Q1 2026 (quarter over quarter)
Perrigo's revenue rose $53.6M (+6%) from $969M in Q1 2026 to $1.0B in Q2 2026. Gross margin 30.7% against 33.6% (-2.9 pts).
Perrigo, Q2 2026: revenue $1.0B (-3% year over year), operating margin 2.3%, net earnings $74.5M, operating cash flow $82.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 30.7% | 33.6% | -2.9 pts |
| Operating margin | 2.3% | -38.4% | +40.7 pts |
| Net margin | 7.3% | -41.1% | +48.4 pts |
| Free cash flow margin | 6.7% | -13.1% | +19.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.0B | $969M | $53.6M | +6% |
| Gross profit | $314M | $326M | −$11.6M | -4% |
| Cost of revenue | $709M | $644M | $65.2M | +10% |
| Other income, net | $67.9M | −$45.0M | $113M | — |
| Operating profit | $23.5M | −$372M | $396M | — |
| Operating expenses | $290M | $698M | −$407M | -58% |
| Pre-tax earnings | $91.4M | −$417M | $509M | — |
| Research & development | $23.7M | $24.6M | −$900K | -4% |
| Sales & marketing | $130M | $130M | −$200K | -0.2% |
| General & admin | $100M | $115M | −$15.0M | -13% |
| Other operating costs | $37.2M | $428M | −$391M | -91% |
| Net earnings | $74.5M | −$399M | $473M | — |
| Income tax | $16.9M | −$18.7M | $35.6M | — |
| Operating cash sources | $177M | −$301M | $478M | — |
| Depreciation & amortization | $95.8M | $83.3M | $12.5M | +15% |
| Share-based compensation | $6.8M | $14.4M | −$7.6M | -53% |
| Working capital & other | $94.5M | −$187M | $282M | — |
| Operating cash flow | $82.6M | −$114M | $196M | — |
| Free cash flow (OCF − capex) | $68.3M | −$127M | $196M | — |
| Capital expenditures | $14.3M | $13.8M | $500K | +4% |
Questions
How much did Perrigo's revenue grow quarter over quarter in Q2 2026?
Perrigo's revenue rose $53.6M (+6%) from $969M in Q1 2026 to $1.0B in Q2 2026. Gross margin 30.7% against 33.6% (-2.9 pts).