Filing Flows › Worthington Enterprises (WOR) › Q2 FY26
Worthington Enterprises (WOR) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jan 9, 2026
Worthington Enterprises (WOR) reported revenue of $327M for the second quarter fiscal 2026 (Q2 FY26), +19% from a year earlier and +8% from the quarter before. Operating margin was 3.7%, net earnings $27.3M (8.3% of revenue).
Worthington Enterprises, Q2 FY26: revenue $327M (+20% year over year), operating margin 3.7%, net earnings $27.3M, operating cash flow $51.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $327M | +8% | +19% |
| Gross profit | $84.6M | +3% | +14% |
| Operating profit | $12.3M | +33% | +248% |
| Net earnings | $27.3M | -22% | -3% |
| Operating cash flow | $51.5M | +25% | +5% |
| Free cash flow | $39.1M | +40% | +15% |
What changed
Revenue was $327.5M in Q2 FY26, up 19% year over year and up 8% from the previous quarter.
Gross margin was 25.8%, down 1.2 points from a year earlier. Operating profit was $12.3M, a 3.7% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 1% margin then. Operating expenses grew 3% against revenue growth of 19%. Net earnings were $27.3M, down 3% year over year. The effective tax rate was 24.5%. Non-operating items added $23.5M, 66% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $51.5M (up 5% year over year), 191% of net earnings. Non-cash charges added back $13.8M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $7.4M. Capital expenditures of $12.4M left free cash flow of $39.1M.
Questions
What was Worthington Enterprises' revenue in the second quarter fiscal 2026?
Worthington Enterprises (WOR) reported revenue of $327M for the second quarter fiscal 2026 (Q2 FY26), +19% from a year earlier and +8% from the quarter before.
Was Worthington Enterprises profitable in the second quarter fiscal 2026?
Operating profit was $12.3M (3.7% of revenue) and net earnings $27.3M.