Filing Flows › Ross Stores (ROST) › Q2 FY26
Ross Stores (ROST) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 10, 2025
Ross Stores (ROST) reported revenue of $5.5B for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and +11% from the quarter before. Operating margin was 11.5%, net earnings $508M (9.2% of revenue).
Ross Stores, Q2 FY26: revenue $5.5B (+5% year over year), operating margin 11.5%, net earnings $508M, operating cash flow $668M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | +11% | +5% |
| Operating profit | $638M | +5% | -3% |
| Net earnings | $508M | +6% | -4% |
| Operating cash flow | $668M | +63% | +13% |
| Free cash flow | $467M | +131% | +18% |
What changed
Revenue was $5.5B in Q2 FY26, up 5% year over year and up 11% from the previous quarter.
Operating profit was $0.64B, a 11.5% margin (down 0.9 points year over year). Operating profit fell $0.02B even though revenue rose $0.24B versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 5%. Net earnings were $0.51B, down 4% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.67B (up 13% year over year), 132% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.04B of share-based compensation. Capital expenditures of $0.20B left free cash flow of $0.47B.
Questions
What was Ross Stores' revenue in the second quarter fiscal 2026?
Ross Stores (ROST) reported revenue of $5.5B for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and +11% from the quarter before.
Was Ross Stores profitable in the second quarter fiscal 2026?
Operating profit was $638M (11.5% of revenue) and net earnings $508M.
Source: Ross Stores 10-Q on SEC EDGAR.