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Atmus Filtration Technologies (ATMU) Q2 FY2026 earnings: revenue $528 million, up 16.4% on the year

Atmus Filtration Technologies Inc. (ATMU) reported revenue of $528 million for Q2 FY2026, the quarter ended 30 June 2026, up 16.4% on the same quarter a year earlier. Net income was $64 million, up 6.7% on the year, and diluted earnings per share $0.78. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$528 millionup 16.4%
Net income$64 millionup 6.7%
Diluted EPS$0.78
QuarterQ2 FY2026ended 30 June 2026

What management said

Guidance figures: 4 raised, 1 kept.

  • Power Solutions maintains dominant sales mix: Power Solutions segment contributed $486 million, representing 92% of total Q2 sales, while new Industrial Solutions segment from Koch Filter acquisition added $42 million or 8% of sales.
  • Gross margin expands despite cost headwinds: Gross margin widened to $154 million from $131 million, improving 30 basis points to 29.2% from 28.9%, driven by pricing gains and Koch Filter incremental margin, offset partially by higher material and manufacturing costs.
  • Power Solutions demonstrates pricing strength: Power Solutions segment generated $486 million sales with adjusted EBITDA of $101 million and 20.8% segment margin, showing resilience and pricing realization in core business.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ2 FY2026Q1 FY2026Q2 FY2025Change on the year
Revenue528478454+16.4%
Cost of revenue374341322+16.0%
Gross profit154137131+17.5%
Gross margin29.2%28.6%28.9%
Research and development9.88.110.7-8.4%
Selling, general and administrative51.751.046.1+12.1%
Operating income97.276.381.7+19.0%
Operating margin18.4%16.0%18.0%
Interest expense13.714.18.5+61.2%
Pre-tax income82.861.276.7+8.0%
Income tax18.912.816.8+12.5%
Effective tax rate22.8%20.9%21.9%
Net income63.948.459.9+6.7%
Net margin12.1%10.1%13.2%
Diluted EPS$0.78$0.59$0.72+8.3%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

LineQ2 FY2026Q1 FY2026Q2 FY2025Change on the year
Operating cash flow77.838.144.4+75.2%
Capital expenditure13.012.612.0+8.3%
Free cash flow64.825.532.4+100.0%
Free cash flow margin12.3%5.3%7.1%
Cash from investing-11.6-468-12.0n/a
Cash from financing-17.8403-28.0n/a
Depreciation and amortisation11.511.87.4+55.4%
Share-based compensation3.73.43.0+23.3%
Buybacks13.07.320.1-35.3%
Dividend per share$0.06$0.06$0.05+10.0%
Diluted shares, weighted82m82m83m-1.2%
Shares outstanding at period end82m82m82m-0.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

LineQ2 FY2026Q1 FY2026Q2 FY2025Change on the year
Shareholders' equity455404316+43.8%
Debt1,0001,000585+70.9%
Operating lease liabilities37.739.322.8+65.4%
Other liabilities398399390+2.0%
Total liabilities and equity1,8901,8421,314+43.9%
Goodwill30330484.7+257.3%
Intangible assets209212n/an/a
Cash and equivalents259210191+35.7%
Receivables317304332-4.5%
Inventory297299285+4.2%
Other assets505514421+19.9%
Total assets1,8901,8421,314+43.9%

Questions

What was Atmus Filtration Technologies' revenue in Q2 FY2026?

Atmus Filtration Technologies (ATMU) reported revenue of $528 million for Q2 FY2026, the quarter ended 30 June 2026, up 16.4% on the same quarter a year earlier.

How much did Atmus Filtration Technologies earn in Q2 FY2026?

Net income for Q2 FY2026 was $64 million, up 6.7% on the year, and diluted earnings per share $0.78.

When did Atmus Filtration Technologies report Q2 FY2026 results?

Atmus Filtration Technologies filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 7 August 2026.

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue396400427433404407416454448447478528
Cost of revenue293294315301292300306322318319341374
Gross profit103106112132111107110131129127137154
Gross margin26%26%26%30%28%26%27%29%29%29%29%29%
R&D11.19.310.110.49.710.49.110.710.010.98.19.8
SG&A41.348.343.349.146.448.845.946.145.946.451.051.7
Operating income58.856.268.679.863.254.664.981.781.970.576.397.2
Operating margin15%14%16%18%16%13%16%18%18%16%16%18%
Interest expense11.010.610.510.510.49.28.48.58.58.014.113.7
Pre-tax income48.947.258.371.953.750.956.876.771.761.061.282.8
Tax rate23%26%22%22%18%21%21%22%24%21%21%23%
Net income37.634.845.556.243.840.144.759.954.848.048.463.9
Net margin9%9%11%13%11%10%11%13%12%11%10%12%
Diluted EPS$0.45$0.42$0.54$0.67$0.52$0.48$0.54$0.72$0.66$0.58$0.59$0.78
Operating cash flow58.341.7-8.222.970.720.028.744.482.147.538.177.8
Capital expenditure10.516.210.611.616.410.012.412.013.216.312.613.0
Free cash flow47.825.5-18.811.354.310.016.332.468.931.225.564.8
Buybacksn/an/a0.00.010.010.010.020.129.70.97.313.0
Shares outstanding83m83m83m83m83m83m83m82m82m82m82m82m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 30 June 2026, filed 7 August 2026, accession 0001921963-26-000069: the filing on EDGAR. All of Atmus Filtration Technologies Inc.'s filings: EDGAR company page.

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