Filing Flows

Filing Flows › Wafd (WAFD) › Q2 FY26 › vs Q1 FY26

Wafd (WAFD) Q2 FY26 vs Q1 FY26 (quarter over quarter)

Wafd's revenue rose $6.0M (+3%) from $191M in Q1 FY26 to $197M in Q2 FY26. Operating margin 42.5% against 43.0% (-0.5 pts).

Wafd, Q2 FY26: revenue $197M (+10% year over year), operating margin 42.5%, net earnings $65.5M, operating cash flow $79.4M. The chart draws each line against Q1 FY26, the increases inside each band.

Wafd: what changed, Q2 FY26 vs Q1 FY26Wafd: what changed, Q2 FY26 vs Q1 FY26Operating cash flow$18.9MFree cash flow (OCF − capex)$17.9MDepreciation & amortization$8.6MWorking capital & other$7.6MCosts & expenses$4.5MNoninterest expense$4.1MOperating profit$1.5MPre-tax earnings$1.5MShare-based compensation$1.4MNet earnings$1.4M

Margins

Q2 FY26Q1 FY26Change
Operating margin42.5%43.0%-0.5 pts
Net margin33.2%33.5%-0.3 pts
Free cash flow margin34.4%26.1%+8.3 pts

Every line

LineQ2 FY26Q1 FY26Change%
Revenue$197M$191M$6.0M+3%
Operating profit$83.8M$82.3M$1.5M+2%
Costs & expenses$114M$109M$4.5M+4%
Pre-tax earnings$83.8M$82.3M$1.5M+2%
Noninterest expense$110M$106M$4.1M+4%
Other operating costs$3.7M$3.3M$376K+11%
Net earnings$65.5M$64.2M$1.4M+2%
Income tax$18.3M$18.1M$153K+0.8%
Depreciation & amortization$8.6M$0$8.6M—
Share-based compensation$3.4M$2.0M$1.4M+68%
Working capital & other$1.8M−$5.8M$7.6M—
Operating cash flow$79.4M$60.5M$18.9M+31%
Free cash flow (OCF − capex)$68.0M$50.0M$17.9M+36%
Capital expenditures$11.4M$10.4M$969K+9%

Questions

How much did Wafd's revenue grow quarter over quarter in Q2 FY26?

Wafd's revenue rose $6.0M (+3%) from $191M in Q1 FY26 to $197M in Q2 FY26. Operating margin 42.5% against 43.0% (-0.5 pts).

Q2 FY26 results → · Compare in the interactive Sankey →