Filing Flows › Perrigo (PRGO) › Q2 2026
Perrigo (PRGO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Perrigo (PRGO) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), -3% from a year earlier and +6% from the quarter before. Operating margin was 2.3%, net earnings $74.5M (7.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +6% | -3% |
| Gross profit | $314M | -4% | -14% |
| Operating profit | $23.5M | — | -48% |
| Net earnings | $74.5M | — | — |
| Operating cash flow | $82.6M | — | +9% |
| Free cash flow | $68.3M | — | +20% |
What changed
Revenue was $1.0B in Q2 2026, down 3% year over year and up 6% from the previous quarter.
Gross margin was 30.7%, down 3.7 points from Q2 2025. Operating profit was $0.02B, a 2.3% margin (down 2.0 points year over year). Operating expenses fell 9% while revenue fell 3%. Net earnings were $0.07B. The effective tax rate was 18.5%. Non-operating items added $0.07B, 74% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.08B (up 9% year over year), 111% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.01B left free cash flow of $0.07B.
Questions
What was Perrigo's revenue in the second quarter 2026?
Perrigo (PRGO) reported revenue of $1.0B for the second quarter 2026 (Q2 2026), -3% from a year earlier and +6% from the quarter before.
Was Perrigo profitable in the second quarter 2026?
Operating profit was $23.5M (2.3% of revenue) and net earnings $74.5M.
Source: Perrigo 10-Q on SEC EDGAR.