Rockwell Automation (ROK) Q2 FY2026 earnings: revenue $2.2 billion, up 11.9% on the year

Rockwell Automation, Inc. (ROK) reported revenue of $2.2 billion for Q2 FY2026, the quarter ended 31 March 2026, up 11.9% on the same quarter a year earlier. Net income was $350 million, up 38.9% on the year, and diluted earnings per share $3.10. The figures are the company's own, from the 10-Q it filed with the SEC on 5 May 2026.

Revenue

$2.2 billion

+11.9% on the year · +6.4% on the quarter

Q3 FY2024Q2 FY2026

Operating margin

23.7%

20.4% a year earlier

Q3 FY2024Q2 FY2026

Net income

$350 million

+38.9% on the year · +14.8% on the quarter

Q3 FY2024Q2 FY2026

Diluted EPS

$3.10

+39.6% on the year · +15.2% on the quarter

Q3 FY2024Q2 FY2026

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

What management said

Guidance figures: 6 raised, 1 new, 2 kept.

Sales rose 12%, organic sales 9%: Sales were $2,239 million, up 12%. Organic sales increased 9% and currency translation added 3%.
Enterprise operating margin reached 22.5%: Enterprise operating profit was $504 million, up 32%. Margin was 22.5% against 19.0% a year earlier.
Diluted EPS rose to $3.10: Net income attributable to Rockwell was $350 million, or $3.10 per diluted share, against $2.22. Management linked the increase to higher pre-tax margin.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Revenue	2,239	2,105	2,001	+6.4%	+11.9%
Cost of revenue	1,114	1,089	1,029	+2.3%	+8.3%
Gross profit	1,125	1,016	972	+10.7%	+15.7%
Gross margin	50.2%	48.3%	48.6%
Research and development	180	172	162	+4.7%	+11.1%
Selling, general and administrative	478	478	469	0.0%	+1.9%
Operating income	530	435	408	+21.8%	+29.9%
Operating margin	23.7%	20.7%	20.4%
Interest expense	36.0	32.0	39.0	+12.5%	-7.7%
Pre-tax income	440	342	299	+28.7%	+47.2%
Income tax	89.0	40.0	51.0	+122.5%	+74.5%
Effective tax rate	20.2%	11.7%	17.1%
Net income	350	305	252	+14.8%	+38.9%
Net margin	15.6%	14.5%	12.6%
Diluted EPS	$3.10	$2.69	$2.22	+15.2%	+39.6%

$ million except per share.

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. 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. 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.

Cash flow

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Operating cash flow	320	234	199	+36.8%	+60.8%
Capital expenditure	45.0	64.0	28.0	-29.7%	+60.7%
Free cash flow	275	170	171	+61.8%	+60.8%
Free cash flow margin	12.3%	8.1%	8.5%
Cash from investing	-50.0	-69.0	-39.0
Cash from financing	-283	-153	-191
Depreciation and amortisation	79.0	79.0	81.0	0.0%	-2.5%
Share-based compensation	24.0	21.0	21.0	+14.3%	+14.3%
Buybacks	446	153	132	+191.5%	+237.9%
Dividends paid	153	156	148	-1.9%	+3.4%
Dividend per share	$1.38	$1.38	$1.31	0.0%	+5.3%
Diluted shares, weighted	113m	113m	113m	-0.3%	-0.6%
Shares outstanding at period end	111m	112m	113m	-1.0%	-1.3%

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

Balance sheet

$ million	Q2 FY2026	Q1 FY2026	Q2 FY2025	On the quarter	On the year
Shareholders' equity	3,522	3,746	3,439	-6.0%	+2.4%
Non-controlling interest	54.0	54.0	166	0.0%	-67.5%
Debt	3,689	3,400	3,682	+8.5%	+0.2%
Operating lease liabilities	279	284	321	-1.8%	-13.1%
Other liabilities	3,712	3,746	3,385	-0.9%	+9.7%
Total liabilities and equity	11,256	11,230	10,993	+0.2%	+2.4%
Fixed assets	836	831	766	+0.6%	+9.1%
Goodwill	3,838	3,852	3,938	-0.4%	-2.5%
Intangible assets	744	775	992	-4.0%	-25.0%
Investments	190	187	177	+1.6%	+7.3%
Cash and equivalents	423	444	450	-4.7%	-6.0%
Receivables	1,883	1,773	1,820	+6.2%	+3.5%
Inventory	1,225	1,218	1,175	+0.6%	+4.3%
Other assets	2,117	2,150	1,675	-1.5%	+26.4%
Total assets	11,256	11,230	10,993	+0.2%	+2.4%

Questions

What was Rockwell Automation's revenue in Q2 FY2026?

Rockwell Automation (ROK) reported revenue of $2.2 billion for Q2 FY2026, the quarter ended 31 March 2026, up 11.9% on the same quarter a year earlier.

How much did Rockwell Automation earn in Q2 FY2026?

Net income for Q2 FY2026 was $350 million, up 38.9% on the year, and diluted earnings per share $3.10.

When did Rockwell Automation report Q2 FY2026 results?

Rockwell Automation filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 5 May 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024 †	Q3 FY2024 †	Q4 FY2024 * †	Q1 FY2025 †	Q2 FY2025 †	Q3 FY2025 †	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,808	1,857	1,808	1,969	2,126	1,981	2,275	2,239	2,563	2,052	2,126	2,051	2,036	1,881	2,001	2,144	2,316	2,105	2,239	2,313
Cost of revenue	1,088	1,108	1,144	1,166	1,240	1,167	1,343	1,323	1,507	1,258	1,293	1,256	1,265	1,003	1,029	1,098	1,196	1,089	1,114	1,169
Gross profit	719	749	664	802	886	814	932	915	1,056	795	833	795	771	878	972	1,046	1,120	1,016	1,125	1,144
Gross margin	40%	40%	37%	41%	42%	41%	41%	41%	41%	39%	39%	39%	38%	47%	49%	49%	48%	48%	50%	49%
R&D	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	156	162	170	191	172	180	173
SG&A	447	448	428	442	449	470	501	501	552	514	501	501	487	476	469	498	471	478	478	490
Operating income	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	321	408	454	520	435	530	550
Operating margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	17%	20%	21%	22%	21%	24%	24%
Interest expense	26.3	29.6	30.1	30.8	32.7	34.1	35.8	34.4	31.0	33.3	39.2	41.0	41.1	39.0	39.0	41.0	37.0	32.0	36.0	33.0
Pre-tax income	4.3	282	41.1	344	406	468	351	472	317	260	310	255	274	213	299	342	63.0	342	440	470
Tax rate	-1635%	15%	-20%	14%	17%	19%	16%	15%	35%	18%	14%	9%	13%	16%	17%	14%	52%	12%	20%	13%
Net income	78.5	242	53.9	298	339	384	300	400	303	215	266	232	239	184	252	295	138	305	350	408
Net margin	4%	13%	3%	15%	16%	19%	13%	18%	12%	10%	13%	11%	12%	10%	13%	14%	6%	14%	16%	18%
Diluted EPS	$0.66	$2.05	$0.46	$2.55	$2.91	$3.31	$2.59	$3.45	$2.61	$1.86	$2.31	$2.02	$2.09	$1.61	$2.22	$2.60	$1.23	$2.69	$3.10	$3.65
Operating cash flow	204	-12.0	90.8	345	399	66.3	187	282	840	33.0	120	279	432	364	199	527	454	234	320	724
Capital expenditure	43.7	37.1	44.9	18.3	40.8	24.2	31.5	41.6	63.2	67.9	51.2	40.7	64.9	71.0	28.0	38.0	49.0	64.0	45.0	70.0
Free cash flow	160	-49.1	45.9	327	359	42.1	156	240	776	-34.9	68.6	238	367	293	171	489	405	170	275	654
Buybacks	61.2	49.8	1.4	167	82.8	157	38.4	61.9	54.4	120	193	163	118	100	132	124	69.0	153	446	155
Dividends paid	124	130	130	130	129	136	136	136	136	144	143	142	142	149	148	147	147	156	153	155
Shares outstanding	116m	116m	116m	115m	115m	115m	115m	115m	115m	115m	114m	113m	113m	113m	113m	112m	112m	112m	111m	111m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* 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 5 May 2026: the filing.