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TJX Companies (TJX) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Aug 29, 2025

TJX Companies (TJX) reported revenue of $14.4B for the second quarter fiscal 2026 (Q2 FY26), +7% from a year earlier and +10% from the quarter before. Operating margin was 11.4%, net earnings $1.2B (8.6% of revenue).

Revenue$14.4B
Year over year+7%
Quarter over quarter+10%
Operating margin11.4%
Net earnings$1.2B

TJX Companies, Q2 FY26: revenue $14.4B (+7% year over year), operating margin 11.4%, net earnings $1.2B, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$14.4B+10%+7%
Operating profit$1.6B+22%+12%
Net earnings$1.2B+20%+13%
Operating cash flow$1.8B+355%+10%
Free cash flow$1.3B—+25%

What changed

Revenue was $14.4B in Q2 FY26, up 7% year over year and up 10% from the previous quarter.

Operating profit was $1.6B, a 11.4% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 19% reached operating profit, above the 11% margin then. Total costs grew 6% against revenue growth of 7%. Net earnings were $1.2B, up 13% year over year. The effective tax rate was 24.5%.

Operating cash flow was $1.8B (up 10% year over year), 144% of net earnings. Non-cash charges added back $0.31B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.20B. Capital expenditures of $0.46B left free cash flow of $1.3B.

Questions

What was TJX Companies' revenue in the second quarter fiscal 2026?

TJX Companies (TJX) reported revenue of $14.4B for the second quarter fiscal 2026 (Q2 FY26), +7% from a year earlier and +10% from the quarter before.

Was TJX Companies profitable in the second quarter fiscal 2026?

Operating profit was $1.6B (11.4% of revenue) and net earnings $1.2B.

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Source: TJX Companies 10-Q on SEC EDGAR.