Watsco Q2 FY26 earnings

Revenue $2.10B, up 2.1% on a year earlier. Diluted EPS $4.00 against $4.52.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$2.10B$1.53B$2.06B+2.1%
Operating income$238.37M$110.18M$271.87M-12.3%
Net income$163.34M$79.07M$183.61M-11.0%
Diluted EPS$4.00$1.87$4.52
Operating cash flow-$2.54M-$18.91M-$7.45M
Capital expenditures-$8.99M-$6.96M-$6.84M
Free cash flow-$11.52M-$25.87M-$14.28M
Dividend per share$3.30$3.00$3.00

KPIs this quarter

Q2 FY26Q2 FY25Year over year
SG&A as Percentage of Sales16.6%16.4%
Revenue Growth (Year-over-Year)2.1%-3.6%

Sources

Back to Watsco financials

Earnings Data, a free weekly letter

The week's biggest guidance misses, KPI surprises and one chart.

Cite this page

Stock Atlas, “Watsco (WSO) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/WSO/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.