EarningsQ2 2026 Earnings Report
MX:MHK Q2 2026 EPS Results
Actual EPS$66.08
Consensus EPS$46.54
Beat/MissBeat by +$19.54
One Year Ago EPS$49.87
MX:MHK Q2 2026 Revenue Results
Actual Revenue$53.86B
Expected Revenue$50.17B
Beat/MissBeat by +$3.69B
YoY Revenue Growth+6.76%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
MX:MHK Upcoming Earnings
Mohawk's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:MHK Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a clear beat versus expectations with broad-based revenue growth, margin expansion, strong cash generation and successful product placements that drove share gains. Management acknowledged several meaningful headwinds — notably elevated underlying inflation, soft residential demand, upcoming restructuring costs, and quarter-to-quarter seasonality — and signaled possible additional pricing actions if inflation persists. Overall, the positives (top-line outperformance, margin improvement, cash flow, product momentum and continued buybacks) were emphasized as durable operational strengths, while the lowlights were characterized as manageable but material near-term risks.Company Guidance
Top-line Growth and Share Gains
Net sales of $3.0 billion in Q2 2026, up 6.8% as reported and up 5.0% on a constant currency basis. Management reported share gains across regions and channels driven by new product placements and initial stocking.
Strong Segment Performance
Global Ceramic net sales $1.2B (+7.9% reported, +4.6% constant); Flooring North America $976M (+3.1% reported, +4.7% constant); Flooring Rest of World $806M (+9.7% reported, +6.2% constant). All three segments delivered growth.
Improved Profitability and Margins
Adjusted gross margin 27.4% (reported 26.6%), up ~100 basis points year-over-year; adjusted operating income $290M or 9.7% of sales, an increase of ~170 basis points versus prior year.
Earnings and Cash Generation
Reported EPS $3.22; adjusted EPS $3.67 (included ~$0.63 benefit from tariff refunds). Year-to-date free cash flow $236M and management expects strong free cash flow in H2; net debt ~ $1.1B and net debt/EBITDA ~0.8x.
Product Innovation and Commercial Momentum
Successful new collections and placements (e.g., award-winning Hero rubber product), strong adoption at NeoCon and in retail/commercial channels; management cites wins across product categories contributing to volume growth.
Capital Allocation and Returns to Shareholders
Repurchased over 600,000 shares for approximately $60M in the quarter. Capital allocation priorities reiterated: invest in business, evaluate profitable M&A, and continue share repurchases.
MX:MHK 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