Filing Flows › Snap-on (SNA) › Q2 2026 › vs Q1 2026
Snap-on (SNA) Q2 2026 vs Q1 2026 (quarter over quarter)
Snap-on's revenue rose $26.5M (+2%) from $1.3B in Q1 2026 to $1.3B in Q2 2026. The biggest changes: Product and Services, Excluding Financial Services +$27.9M (+2%); Financial services revenue −$1.4M (-1%). Operating margin 25.2% against 24.4% (+0.8 pts).
Snap-on, Q2 2026: revenue $1.3B (+4% year over year), operating margin 25.2%, net earnings $261M, operating cash flow $272M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 25.2% | 24.4% | +0.8 pts |
| Net margin | 19.5% | 18.9% | +0.6 pts |
| Free cash flow margin | 18.6% | 26.6% | -8.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product and Services, Excluding Financial Services | $1.2B | $1.2B | $27.9M | +2% |
| Financial services revenue | $99.7M | $101M | −$1.4M | -1% |
| Revenue | $1.3B | $1.3B | $26.5M | +2% |
| Operating profit | $336M | $319M | $17.6M | +6% |
| Costs & expenses | $998M | $990M | $8.9M | +0.9% |
| Pre-tax earnings | $339M | $323M | $16.0M | +5% |
| Net earnings | $261M | $247M | $13.6M | +6% |
| Minority interests | $5.6M | $6.5M | −$900K | -14% |
| Income tax | $73.0M | $69.7M | $3.3M | +5% |
| Depreciation | $20.2M | $25.0M | −$4.8M | -19% |
| Share-based compensation | $9.4M | $6.8M | $2.6M | +38% |
| Working capital & other | $18.7M | −$89.9M | $109M | — |
| Operating cash flow | $272M | $369M | −$97.2M | -26% |
| Free cash flow (OCF − capex) | $248M | $348M | −$99.1M | -29% |
| Capital expenditures | $23.1M | $21.2M | $1.9M | +9% |
Questions
How much did Snap-on's revenue grow quarter over quarter in Q2 2026?
Snap-on's revenue rose $26.5M (+2%) from $1.3B in Q1 2026 to $1.3B in Q2 2026.
What drove Snap-on's revenue change in Q2 2026?
Product and Services, Excluding Financial Services +$27.9M (+2%); Financial services revenue −$1.4M (-1%).