Filing Flows › Construction Partners (ROAD) › Q2 FY26
Construction Partners (ROAD) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 8, 2026
Construction Partners (ROAD) reported revenue of $769M for the second quarter fiscal 2026 (Q2 FY26), +35% from a year earlier and -5% from the quarter before. Operating margin was 4.9%, net earnings $9.2M (1.2% of revenue).
Construction Partners, Q2 FY26: revenue $769M (+35% year over year), operating margin 4.9%, net earnings $9.2M, operating cash flow $65.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $769M | -5% | +35% |
| Gross profit | $98.9M | -19% | +39% |
| Operating profit | $37.4M | -26% | +37% |
| Net earnings | $9.2M | -47% | +118% |
| Operating cash flow | $65.2M | -21% | +17% |
| Free cash flow | $18.9M | -60% | +33% |
What changed
Revenue was $769.2M in Q2 FY26, up 35% year over year and down 5% from the previous quarter.
Gross margin was 12.9%, up 0.4 points from Q2 FY25. Operating profit was $37.4M, a 4.9% margin (up 0.1 points year over year). Of the extra revenue versus Q2 FY25, 5% reached operating profit, above the 5% margin then. Operating expenses grew 40% against revenue growth of 35%. Net earnings were $9.2M, up 118% year over year. The effective tax rate was 23.9%.
Operating cash flow was $65.2M (up 17% year over year), 710% of net earnings. Non-cash charges added back $44.2M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items added $4.3M. Capital expenditures of $46.3M left free cash flow of $18.9M.
Questions
What was Construction Partners' revenue in the second quarter fiscal 2026?
Construction Partners (ROAD) reported revenue of $769M for the second quarter fiscal 2026 (Q2 FY26), +35% from a year earlier and -5% from the quarter before.
Was Construction Partners profitable in the second quarter fiscal 2026?
Operating profit was $37.4M (4.9% of revenue) and net earnings $9.2M.