EarningsQ2 2026 Earnings Report
MX:CPGN Q2 2026 EPS Results
Actual EPS$13.08
Consensus EPS$12.84
Beat/MissBeat by +$0.23
One Year Ago EPS$11.59
MX:CPGN Q2 2026 Revenue Results
Actual Revenue$448.75B
Expected Revenue$444.10B
Beat/MissBeat by +$4.65B
YoY Revenue Growth+10.70%
Earnings Announcement Details
QuarterQ2 2026
Date05/11/2026
TimeBefore Open
Conference CallMonday, May 11, 2026
MX:CPGN Upcoming Earnings
Compass's next earnings date is estimated for November 24, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong underlying operational performance and clear strategic progress: double-digit operating profit growth, raised guidance, robust new business wins, margin expansion, disciplined cash and capital deployment, and active technology and GPO-driven procurement initiatives. Short-term headwinds include a slightly soft Q2 net new due to weather-related mobilization delays, modest volume growth, some retention volatility in the quarter, elevated leverage from recent acquisitions and inflation risks tied to geopolitical developments. Management presented confident medium- to long-term visibility (net new 4%–5% target, market expansion to 2035) and articulated concrete levers to drive margins and growth, suggesting the positives materially outweigh the near-term challenges.Company Guidance
Strong Profit and Revenue Growth
Operating profit increased 12% to more than $1.8 billion; revenue rose 9% with organic growth just over 7%; earnings per share up 12% in constant currency.
Raised Full-Year Guidance
Company raised full-year operating profit growth guidance to above 11% on a constant currency basis, driven by ~7% organic revenue growth, ~2% profit contribution from M&A and continued margin expansion.
Robust New Business Wins
New business wins increased 14% year-on-year to $4.1 billion; over half of wins came from first-time outsourcing and 85% of wins originate from first-time outsourcing/local operators, underscoring structural growth opportunity.
Net New Business Momentum (12-month)
Although Q2 was modestly impacted, 12-month net new growth was 4.2%; company expects net new to remain in its 4%–5% target range for 2026 and to accelerate in the second half.
Margin Expansion and Regional Performance
Group margin expanded by 20 basis points in the half. North America: revenue +8%, operating profit +9% with ~10 bps margin improvement. International: revenue +10% (acquisitions added ~3 pp), operating profit +15% with ~30 bps margin improvement.
Cash, CapEx and Working Capital Discipline
Operating cash flow increased 14% ahead of profit growth; capital expenditure was 3.4% of revenue (expect ~3.5% for full year); working capital outflow reduced in H1 and expected to be broadly neutral for the full year.
Strategic M&A and Procurement Scale
Closed acquisition of Vermaat for $1.7 billion and Pro Care Management (Germany) for $270 million, expanding GPO capability to 5 of the top 10 markets and boosting procurement scale and synergies.
Technology and Sector Expansion
Investing ~ $300 million per year in technology; Centric OS rolled out across ~1/4 of North American units; strong subsector performance (B&I delivering double-digit organic growth; top 10 tech clients' revenues up 36% over 3 years); sports & leisure and data center/AI ecosystem identified as growth areas.
MX:CPGN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed