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Snap-on (SNA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 23, 2026

Snap-on (SNA) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +2% from the quarter before. Operating margin was 25.2%, net earnings $261M (19.5% of revenue).

Revenue$1.3B
Year over year+4%
Quarter over quarter+2%
Operating margin25.2%
Net earnings$261M

Snap-on, Q2 2026: revenue $1.3B (+4% year over year), operating margin 25.2%, net earnings $261M, operating cash flow $272M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.3B+2%+4%
Operating profit$336M+6%+3%
Net earnings$261M+6%+4%
Operating cash flow$272M-26%+14%
Free cash flow$248M-29%+14%

What changed

Revenue was $1.3B in Q2 2026, up 4% year over year and up 2% from the previous quarter. Product and Services, Excluding Financial Services was the largest line at 93% of revenue. Product and Services, Excluding Financial Services added $0.06B year over year (up 5%), 104% of the total change. Financial services revenue declined 2%.

Operating profit was $0.34B, a 25.2% margin (down 0.3 points year over year). Of the extra revenue versus Q2 2025, 17% reached operating profit, below the 26% margin then. Total costs grew 5% against revenue growth of 4%. Net earnings were $0.26B, up 4% year over year. The effective tax rate was 21.5%.

Operating cash flow was $0.27B (up 14% year over year), 102% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and $0.01B of share-based compensation. Working capital and other items used $0.02B. Capital expenditures of $0.02B left free cash flow of $0.25B.

Questions

What was Snap-on's revenue in the second quarter 2026?

Snap-on (SNA) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +2% from the quarter before.

Was Snap-on profitable in the second quarter 2026?

Operating profit was $336M (25.2% of revenue) and net earnings $261M.

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Source: Snap-on 10-Q on SEC EDGAR.