Filing Flows › Teamshares (TMS) › Q2 2026 › vs Q2 2025
Teamshares (TMS) Q2 2026 vs Q2 2025 (year over year)
Teamshares's revenue rose $25.1M (+20%) from $124M in Q2 2025 to $149M in Q2 2026. The biggest changes: Products +$27.3M (+32%); Services −$2.2M (-6%). Gross margin 41.3% against 39.7% (+1.6 pts).
Teamshares, Q2 2026: revenue $149M (+20% year over year), operating margin 2.0%, net earnings $9.2M, operating cash flow −$4.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 41.3% | 39.7% | +1.6 pts |
| Operating margin | 2.0% | -3.9% | +5.9 pts |
| Net margin | 6.2% | -10.4% | +16.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Products | $113M | $85.2M | $27.3M | +32% |
| Services | $36.1M | $38.3M | −$2.2M | -6% |
| Revenue | $149M | $124M | $25.1M | +20% |
| Gross profit | $61.4M | $49.1M | $12.3M | +25% |
| Cost of revenue | $87.2M | $74.5M | $12.7M | +17% |
| Other income, net | $7.1M | −$7.9M | $15.1M | — |
| Operating profit | $3.0M | −$4.8M | $7.8M | — |
| Operating expenses | $58.4M | $53.9M | $4.5M | +8% |
| Pre-tax earnings | $10.1M | −$12.7M | $22.9M | — |
| SG&A | $55.3M | $47.3M | $7.9M | +17% |
| Other operating costs | $3.2M | $6.6M | −$3.4M | -52% |
| Net earnings | $9.2M | −$12.8M | $22.0M | — |
| Minority interests | $358K | −$16K | $374K | — |
| Income tax | $601K | $109K | $492K | +451% |
| Operating cash sources | $16.2M | $16.1M | $70K | +0.4% |
| Depreciation | $1.1M | $822K | $285K | +35% |
| Share-based compensation | $1.1M | $964K | $115K | +12% |
| Cash used in operations | $4.9M | $27.2M | −$22.3M | -82% |
| Working capital & other | $16.2M | $16.1M | $70K | +0.4% |
Questions
How much did Teamshares's revenue grow year over year in Q2 2026?
Teamshares's revenue rose $25.1M (+20%) from $124M in Q2 2025 to $149M in Q2 2026.
What drove Teamshares's revenue change in Q2 2026?
Products +$27.3M (+32%); Services −$2.2M (-6%).