Filing Flows › Vulcan Materials (VMC) › Q2 2026
Vulcan Materials (VMC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Vulcan Materials (VMC) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +23% from the quarter before. Operating margin was 21.1%, net earnings $324M (15.0% of revenue).
Vulcan Materials, Q2 2026: revenue $2.2B (+2% year over year), operating margin 21.1%, net earnings $324M, operating cash flow $344M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +23% | +3% |
| Gross profit | $626M | +48% | 0% |
| Operating profit | $456M | +72% | -3% |
| Net earnings | $324M | +95% | +1% |
| Operating cash flow | $344M | +42% | +0.5% |
| Free cash flow | $150M | +132% | -37% |
What changed
Revenue was $2.2B in Q2 2026, up 3% year over year and up 23% from the previous quarter. Aggregates was the largest line at 76% of revenue. Aggregates added $0.13B year over year (up 8%), 236% of the total change. Concrete declined 15%.
Gross margin was 29.0%, down 0.7 points from Q2 2025. Operating profit was $0.46B, a 21.1% margin (down 1.3 points year over year). Operating profit fell $0.02B even though revenue rose $0.05B versus Q2 2025, so costs grew faster than sales. Operating expenses grew 10% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+196%). Net earnings were $0.32B, up 1% year over year. The effective tax rate was 20.1%.
Operating cash flow was $0.34B (up 1% year over year), 106% of net earnings. Non-cash charges added back $0.18B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.19B left free cash flow of $0.15B.
Questions
What was Vulcan Materials' revenue in the second quarter 2026?
Vulcan Materials (VMC) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +3% from a year earlier and +23% from the quarter before.
Was Vulcan Materials profitable in the second quarter 2026?
Operating profit was $456M (21.1% of revenue) and net earnings $324M.
Source: Vulcan Materials 10-Q on SEC EDGAR.