Filing Flows › Trex (TREX) › Q2 2026 › vs Q1 2026
Trex (TREX) Q2 2026 vs Q1 2026 (quarter over quarter)
Trex's revenue rose $74.6M (+22%) from $343M in Q1 2026 to $418M in Q2 2026. Gross margin 37.9% against 40.5% (-2.6 pts).
Trex, Q2 2026: revenue $418M (+8% year over year), operating margin 20.6%, net earnings $61.9M, operating cash flow $214M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 37.9% | 40.5% | -2.6 pts |
| Operating margin | 20.6% | 24.3% | -3.7 pts |
| Net margin | 14.8% | 17.9% | -3.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $418M | $343M | $74.6M | +22% |
| Gross profit | $158M | $139M | $19.3M | +14% |
| Cost of revenue | $260M | $204M | $55.3M | +27% |
| Operating profit | $86.2M | $83.5M | $2.7M | +3% |
| Operating expenses | $72.2M | $55.5M | $16.6M | +30% |
| Pre-tax earnings | $83.9M | $83.5M | $360K | +0.4% |
| Other expense, net | $2.3M | $0 | $2.3M | — |
| Net earnings | $61.9M | $61.4M | $473K | +0.8% |
| Income tax | $22.0M | $22.1M | −$113K | -0.5% |
| Depreciation & amortization | $19.4M | $18.4M | $996K | +5% |
| Share-based compensation | $2.8M | $2.6M | $206K | +8% |
| Working capital & other | $130M | −$201M | $331M | — |
| Operating cash flow | $214M | −$118M | $333M | — |
Questions
How much did Trex's revenue grow quarter over quarter in Q2 2026?
Trex's revenue rose $74.6M (+22%) from $343M in Q1 2026 to $418M in Q2 2026. Gross margin 37.9% against 40.5% (-2.6 pts).