Filing Flows › Rocky Brands (RCKY) › Q2 2026 › vs Q1 2026
Rocky Brands (RCKY) Q2 2026 vs Q1 2026 (quarter over quarter)
Rocky Brands's revenue fell $6.0M (-5%) from $124M in Q1 2026 to $118M in Q2 2026. The biggest changes: Retail −$6.5M (-15%); Wholesale +$439K (+0.6%); Contract Manufacturing −$18K (-0.5%). Gross margin 51.4% against 36.5% (+14.8 pts).
Rocky Brands, Q2 2026: revenue $118M (+12% year over year), operating margin 16.6%, net earnings $13.9M, operating cash flow $7.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 51.4% | 36.5% | +14.8 pts |
| Operating margin | 16.6% | 2.9% | +13.7 pts |
| Net margin | 11.7% | 1.0% | +10.7 pts |
| Free cash flow margin | 3.5% | 0.6% | +2.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Wholesale | $78.8M | $78.4M | $439K | +0.6% |
| Retail | $36.2M | $42.7M | −$6.5M | -15% |
| Contract Manufacturing | $3.3M | $3.3M | −$18K | -0.5% |
| Revenue | $118M | $124M | −$6.0M | -5% |
| Gross profit | $60.8M | $45.4M | $15.4M | +34% |
| Cost of revenue | $57.6M | $79.0M | −$21.4M | -27% |
| Operating profit | $19.7M | $3.6M | $16.1M | +442% |
| Operating expenses | $41.1M | $41.8M | −$680K | -2% |
| Pre-tax earnings | $17.7M | $1.6M | $16.1M | 11× |
| Other expense, net | $2.0M | $2.0M | −$39K | -2% |
| Net earnings | $13.9M | $1.3M | $12.6M | 11× |
| Income tax | $3.8M | $342K | $3.5M | 11× |
| Depreciation & amortization | $2.4M | $2.5M | −$60K | -2% |
| Share-based compensation | $453K | $457K | −$4K | -0.9% |
| Working capital & other | $8.9M | $2.3M | $6.6M | +287% |
| Operating cash flow | $7.8M | $1.9M | $5.9M | +315% |
| Free cash flow (OCF − capex) | $4.1M | $744K | $3.4M | +457% |
| Capital expenditures | $3.7M | $1.1M | $2.5M | +223% |
Questions
How much did Rocky Brands's revenue grow quarter over quarter in Q2 2026?
Rocky Brands's revenue fell $6.0M (-5%) from $124M in Q1 2026 to $118M in Q2 2026.
What drove Rocky Brands's revenue change in Q2 2026?
Retail −$6.5M (-15%); Wholesale +$439K (+0.6%); Contract Manufacturing −$18K (-0.5%).