Filing Flows › Spectrum Brands Holdings (SPB) › Q2 FY26 › vs Q2 FY25
Spectrum Brands Holdings (SPB) Q2 FY26 vs Q2 FY25 (year over year)
Spectrum Brands Holdings's revenue rose $33.2M (+5%) from $676M in Q2 FY25 to $709M in Q2 FY26. The biggest changes: Product sales +$33.9M (+5%); Licensing −$400K (-9%); Service and other −$300K (-25%). Gross margin 38.1% against 37.5% (+0.6 pts).
Spectrum Brands Holdings, Q2 FY26: revenue $709M (+5% year over year), operating margin 6.1%, net earnings $22.1M, operating cash flow $10.2M. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Gross margin | 38.1% | 37.5% | +0.6 pts |
| Operating margin | 6.1% | 2.9% | +3.3 pts |
| Net margin | 3.1% | 0.2% | +2.9 pts |
| Free cash flow margin | 0.1% | 2.1% | -1.9 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Product sales | $704M | $670M | $33.9M | +5% |
| Licensing | $4.0M | $4.4M | −$400K | -9% |
| Service and other | $900K | $1.2M | −$300K | -25% |
| Revenue | $709M | $676M | $33.2M | +5% |
| Gross profit | $270M | $253M | $16.9M | +7% |
| Cost of revenue | $439M | $422M | $16.3M | +4% |
| Operating profit | $43.5M | $19.5M | $24.0M | +123% |
| Operating expenses | $227M | $234M | −$7.1M | -3% |
| Pre-tax earnings | $36.4M | $10.8M | $25.6M | +237% |
| Other expense, net | $7.1M | $8.7M | −$1.6M | -18% |
| Net earnings | $22.1M | $1.2M | $20.9M | 18× |
| Income tax | $14.3M | $9.6M | $4.7M | +49% |
| Operating cash sources | $52.3M | $30.9M | $21.4M | +69% |
| Depreciation & amortization | $24.2M | $24.5M | −$300K | -1% |
| Share-based compensation | $6.0M | $5.2M | $800K | +15% |
| Working capital & other | $42.1M | $7.8M | $34.3M | +440% |
| Operating cash flow | $10.2M | $23.1M | −$12.9M | -56% |
| Free cash flow (OCF − capex) | $900K | $13.9M | −$13.0M | -94% |
| Capital expenditures | $9.3M | $9.2M | $100K | +1% |
Questions
How much did Spectrum Brands Holdings's revenue grow year over year in Q2 FY26?
Spectrum Brands Holdings's revenue rose $33.2M (+5%) from $676M in Q2 FY25 to $709M in Q2 FY26.
What drove Spectrum Brands Holdings's revenue change in Q2 FY26?
Product sales +$33.9M (+5%); Licensing −$400K (-9%); Service and other −$300K (-25%).