Filing Flows › Wafd (WAFD) › Q2 FY26
Wafd (WAFD) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 5, 2026
Wafd (WAFD) reported revenue of $197M for the second quarter fiscal 2026 (Q2 FY26), +10% from a year earlier and +3% from the quarter before. Operating margin was 42.5%, net earnings $65.5M (33.2% of revenue).
Wafd, Q2 FY26: revenue $197M (+10% year over year), operating margin 42.5%, net earnings $65.5M, operating cash flow $79.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $197M | +3% | +10% |
| Operating profit | $83.8M | +2% | +16% |
| Net earnings | $65.5M | +2% | +17% |
| Operating cash flow | $79.4M | +31% | +10% |
| Free cash flow | $68.0M | +36% | +2% |
What changed
Revenue was $197.4M in Q2 FY26, up 10% year over year and up 3% from the previous quarter.
Operating profit was $83.8M, a 42.5% margin (up 2.4 points year over year). Of the extra revenue versus Q2 FY25, 67% reached operating profit, above the 40% margin then. Total costs grew 5% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $65.5M, up 17% year over year. The effective tax rate was 21.8%.
Operating cash flow was $79.4M (up 10% year over year), 121% of net earnings. Non-cash charges added back $8.6M of depreciation and amortization and $3.4M of share-based compensation. Capital expenditures of $11.4M left free cash flow of $68.0M.
Questions
What was Wafd's revenue in the second quarter fiscal 2026?
Wafd (WAFD) reported revenue of $197M for the second quarter fiscal 2026 (Q2 FY26), +10% from a year earlier and +3% from the quarter before.
Was Wafd profitable in the second quarter fiscal 2026?
Operating profit was $83.8M (42.5% of revenue) and net earnings $65.5M.
Source: Wafd 10-Q on SEC EDGAR.