Filing Flows › Spectrum Brands Holdings (SPB) › Q2 FY26
Spectrum Brands Holdings (SPB) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 7, 2026
Spectrum Brands Holdings (SPB) reported revenue of $709M for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and +5% from the quarter before. Operating margin was 6.1%, net earnings $22.1M (3.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $709M | +5% | +5% |
| Gross profit | $270M | +12% | +7% |
| Operating profit | $43.5M | +61% | +123% |
| Net earnings | $22.1M | -22% | 18× |
| Operating cash flow | $10.2M | -85% | -56% |
| Free cash flow | $900K | -98% | -94% |
What changed
Revenue was $708.9M in Q2 FY26, up 5% year over year and up 5% from the previous quarter. Product sales was the largest line at 99% of revenue. Product sales added $33.9M year over year (up 5%), 102% of the total change. Service and other declined 25%.
Gross margin was 38.1%, up 0.6 points from Q2 FY25. Operating profit was $43.5M, a 6.1% margin (up 3.3 points year over year). Of the extra revenue versus Q2 FY25, 72% reached operating profit, above the 3% margin then. Operating expenses fell 3% while revenue rose 5%. Net earnings were $22.1M, up 2356% year over year. The effective tax rate was 39.3%.
Operating cash flow was $10.2M (down 56% year over year), 46% of net earnings. Non-cash charges added back $24.2M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $42.1M. Capital expenditures of $9.3M left free cash flow of $900K.
Questions
What was Spectrum Brands Holdings' revenue in the second quarter fiscal 2026?
Spectrum Brands Holdings (SPB) reported revenue of $709M for the second quarter fiscal 2026 (Q2 FY26), +5% from a year earlier and +5% from the quarter before.
Was Spectrum Brands Holdings profitable in the second quarter fiscal 2026?
Operating profit was $43.5M (6.1% of revenue) and net earnings $22.1M.