Filing Flows › Signet Jewelers (SIG) › Q2 FY26
Signet Jewelers (SIG) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 5, 2025
Signet Jewelers (SIG) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), +3% from a year earlier and -0.4% from the quarter before. Operating margin was 0.2%, net loss $9.1M (0.6% of revenue).
Signet Jewelers, Q2 FY26: revenue $1.5B (+3% year over year), operating margin 0.2%, net loss $9.1M, operating cash flow $86.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -0.4% | +3% |
| Operating profit | $2.8M | -94% | — |
| Net earnings | −$9.1M | -127% | — |
| Operating cash flow | $86.3M | — | +97% |
| Free cash flow | $62.3M | — | +294% |
What changed
Revenue was $1.5B in Q2 FY26, up 3% year over year and roughly flat from the previous quarter. Bridal was the largest line at 44% of revenue. Service sales added $0.01B year over year (up 7%), 29% of the total change.
Gross margin was 38.6%, up 0.6 points from a year earlier. Operating profit was $2.8M, a 0.2% margin (up 6.9 points year over year). Operating expenses fell 12% while revenue rose 3%. The quarter ended with a net loss of $0.01B, after a profit of $0.03B the previous quarter. Non-operating items added $2.3M, 45% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.09B (up 97% year over year). Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.02B left free cash flow of $0.06B.
Questions
What was Signet Jewelers' revenue in the second quarter fiscal 2026?
Signet Jewelers (SIG) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), +3% from a year earlier and -0.4% from the quarter before.
Was Signet Jewelers profitable in the second quarter fiscal 2026?
Operating profit was $2.8M (0.2% of revenue) and net loss $9.1M.
Source: Signet Jewelers 10-Q on SEC EDGAR.