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Johnson Controls International (JCI) Q2 FY2026 earnings: revenue $6.1 billion, up 8.2% on the year

Johnson Controls International plc (JCI) reported revenue of $6.1 billion for Q2 FY2026, the quarter ended 31 March 2026, up 8.2% on the same quarter a year earlier. Net income was $613 million, up 28.2% on the year, and diluted earnings per share $1.00. The figures are the company's own, from the 10-Q it filed with the SEC on 6 May 2026.

Revenue
$6.1 billion
+8.2% on the year · +6.0% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
n/a
Q3 FY2024Q2 FY2026
Net income
$613 million
+28.2% on the year · +17.0% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$1.00
+38.9% on the year · +17.6% on the quarter
Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 1 lowered, 4 kept.

  • Sales rose 8%, organic 6%: Second quarter sales were $6.1 billion, up 8%. Six-month sales were $11,939 million, up 8%, with organic growth of 6%.
  • Adjusted EPS up to $1.19: Adjusted EPS was $1.19, against $0.82. GAAP diluted EPS from continuing operations was $0.99, against $0.71. Management described adjusted EPS growth as 45%.
  • EMEA organic sales up 1%: EMEA sales were $1,282 million, up 7%, while organic sales rose 1%. Products and Systems growth offset lower non-recurring Services volumes.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue6,1425,7975,676+6.0%+8.2%
Cost of revenue3,8803,7233,607+4.2%+7.6%
Gross profit2,2622,0742,069+9.1%+9.3%
Gross margin36.8%35.8%36.5%
Selling, general and administrative1,4011,2211,427+14.7%-1.8%
Interest expense60.042.056.0+42.9%+7.1%
Pre-tax income738708501+4.2%+47.3%
Income tax12615226.0-17.1%+384.6%
Effective tax rate17.1%21.5%5.2%
Net income613524478+17.0%+28.2%
Net margin10.0%9.0%8.4%
Diluted EPS$1.00$0.85$0.72+17.6%+38.9%
$ 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

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Capital expenditure68.080.094.0-15.0%-27.7%
Cash from financingn/a-464n/a
Depreciation and amortisation169164202+3.0%-16.3%
Share-based compensation32.034.031.0-5.9%+3.2%
Buybacks2150.0330-34.8%
Dividends paid244245245-0.4%-0.4%
Dividend per share$0.40$0.40$0.370.0%+8.1%
Diluted shares, weighted614m614m661m0.0%-7.1%
Shares outstanding at period end610m612m658m-0.3%-7.3%

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

Balance sheet

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity13,51813,20415,805+2.4%-14.5%
Non-controlling interest25.029.01,227-13.8%-98.0%
Debt9,5239,7059,986-1.9%-4.6%
Operating lease liabilitiesn/an/a955
Other liabilities15,28815,04514,394+1.6%+6.2%
Total liabilities and equity38,35437,98342,367+1.0%-9.5%
Fixed assets2,0962,1302,422-1.6%-13.5%
Goodwill16,54716,61016,509-0.4%+0.2%
Intangible assets3,4843,5503,883-1.9%-10.3%
Cash and equivalents698552795+26.4%-12.2%
Receivables6,6146,1905,858+6.8%+12.9%
Inventory1,9331,9321,756+0.1%+10.1%
Other assets6,9827,01911,144-0.5%-37.3%
Total assets38,35437,98342,367+1.0%-9.5%

Questions

What was Johnson Controls International's revenue in Q2 FY2026?

Johnson Controls International (JCI) reported revenue of $6.1 billion for Q2 FY2026, the quarter ended 31 March 2026, up 8.2% on the same quarter a year earlier.

How much did Johnson Controls International earn in Q2 FY2026?

Net income for Q2 FY2026 was $613 million, up 28.2% on the year, and diluted earnings per share $1.00.

When did Johnson Controls International report Q2 FY2026 results?

Johnson Controls International filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 6 May 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024 * †Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue6,3925,8626,0986,6146,7256,0686,6867,1336,9065,2095,5975,8986,2485,4265,6766,0526,4425,7976,1426,614
Cost of revenue4,2013,9714,1414,4144,4303,9774,4454,7024,6983,4313,6753,7893,9803,5003,6073,8064,0913,7233,8804,140
Gross profit2,1911,8911,9572,2002,2952,0912,2412,4312,2081,7781,9222,1092,2681,9262,0692,2462,3512,0742,2622,474
Gross margin34%32%32%33%34%34%34%34%32%34%34%36%36%35%36%37%36%36%37%37%
SG&A1,3441,3691,4541,5891,5331,5711,5791,5551,4761,3342,0648951,3681,3991,4271,4171,5211,2211,4011,407
Interest expense52.055.056.054.060.069.071.079.0n/an/an/an/an/a67.056.055.0n/a42.060.058.0
Pre-tax income806490110504606170223793524320-4711,025648408501705355708738917
Tax rate61%14%53%12%-33%8%22%-41%-11%-6%n/a17%17%12%5%12%24%21%17%18%
Net income26938111.03797611181331,049549374-2779756334194787011,693524613749
Net margin4%6%0%6%11%2%2%15%8%7%-5%17%10%8%8%12%26%9%10%11%
Diluted EPS$0.37$0.54$0.02$0.55$1.10$0.17$0.19$1.53$0.80$0.55-$0.41$1.45$0.95$0.63$0.72$1.07$2.67$0.85$1.00$1.23
Operating cash flown/an/an/an/an/a-296314813n/a-246-2031,021n/an/an/an/an/an/an/an/a
Capital expenditure22813512517016213412111117392.013399.017011694.094.013080.068.095.0
Free cash flown/an/an/an/an/a-430193702n/a-338-336922n/an/an/an/an/an/an/an/a
Buybacks30652650939214.015493.036612.00.04744023703303303105,0210.0215635
Dividends paid192191239244242241240248251252252249247245245243243245244245
Shares outstanding704m703m696m689m687m687m686m680m681m681m674m668m662m661m658m654m611m612m610m606m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-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 its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS 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 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.

10-Q for the period ended 31 March 2026, filed 6 May 2026: the filing.