Filing Flows › Valvoline (VVV) › Q2 FY26
Valvoline (VVV) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 7, 2026
Valvoline (VVV) reported revenue of $504M for the second quarter fiscal 2026 (Q2 FY26), +25% from a year earlier and +9% from the quarter before. Operating margin was 17.1%, net earnings $44.8M (8.9% of revenue).
Valvoline, Q2 FY26: revenue $504M (+25% year over year), operating margin 17.1%, net earnings $44.8M, operating cash flow $95.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $504M | +9% | +25% |
| Gross profit | $187M | +8% | +24% |
| Operating profit | $86.0M | +370% | +29% |
| Net earnings | $44.8M | — | +19% |
| Operating cash flow | $95.4M | +47% | +102% |
| Free cash flow | $37.6M | +408% | — |
What changed
Revenue was $503.8M in Q2 FY26, up 25% year over year and up 9% from the previous quarter.
Gross margin was 37.1%, down 0.2 points from Q2 FY25. Operating profit was $86.0M, a 17.1% margin (up 0.5 points year over year). Of the extra revenue versus Q2 FY25, 19% reached operating profit, above the 17% margin then. Operating expenses grew 21% against revenue growth of 25%. Net earnings were $44.8M, up 19% year over year. The effective tax rate was 24.1%.
Operating cash flow was $95.4M (up 102% year over year), 213% of net earnings. Non-cash charges added back $3.5M of share-based compensation. Working capital and other items added $47.1M. Capital expenditures of $57.8M left free cash flow of $37.6M.
Questions
What was Valvoline's revenue in the second quarter fiscal 2026?
Valvoline (VVV) reported revenue of $504M for the second quarter fiscal 2026 (Q2 FY26), +25% from a year earlier and +9% from the quarter before.
Was Valvoline profitable in the second quarter fiscal 2026?
Operating profit was $86.0M (17.1% of revenue) and net earnings $44.8M.
Source: Valvoline 10-Q on SEC EDGAR.