EarningsQ2 2026 Earnings Report
MX:WHR Q2 2026 EPS Results
Actual EPS-$3.87
Consensus EPS-$1.07
Beat/MissMissed by -$2.80
One Year Ago EPS$24.67
MX:WHR Q2 2026 Revenue Results
Actual Revenue$64.76B
Expected Revenue$65.44B
Beat/MissMissed by -$679.58M
YoY Revenue Growth-6.81%
Earnings Announcement Details
QuarterQ2 2026
Date08/03/2026
TimeAfter Close
Conference CallMonday, August 3, 2026
MX:WHR Upcoming Earnings
Whirlpool's next earnings date is estimated for October 15, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:WHR Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlighted clear operational progress — sequential margin improvement, strong pricing execution, accelerated product innovation with measurable share gains, a targeted $150M cost takeout program, and material balance sheet/ liquidity improvements that clear near-term maturities. However, results were tempered by a negative ongoing EPS, a substantial Q2 free cash flow consumption (~$1.1B), tariff and raw material headwinds (notably a ~200 bps tariff drag), promotional intensity and price/mix weakness in Latin America, and higher interest expense from refinancing. Management reiterated guidance and presented actions that should drive margin expansion into the back half and into 2027, but near-term cash and macro pressures keep progress uneven.Company Guidance
Sequential Margin Improvement
Ongoing EBIT margin improved by ~50 basis points quarter-over-quarter to 1.8% in Q2 2026; MDA North America delivered ~240 basis points of sequential EBIT margin improvement driven by pricing and structural cost actions.
Net Sales and MDA North America Recovery
Consolidated net sales of $3.5 billion in Q2; MDA North America net sales of $2.4 billion, up 8% sequentially from Q1 despite a softer industry backdrop.
Pricing Execution and Carryover
Executed a promotional price increase of >10% (relative to Q1) and a ~4% list price increase effective in July; pricing actions were a material driver of the sequential margin improvement and show carryover into later quarters.
Product Innovation and Share Gains
Accelerated product launches with >100 products planned for 2026 and 23 awards at the Kitchen & Bath Show; recent product impacts include KitchenAid suite driving ~20% YoY brand share growth, Maytag top-load washer adding ~1 point of laundry share, and Whirlpool UV Laundry Tower capturing ~10 points of category share.
SDA Global Outperformance
SDA Global delivered ~12% EBIT margin with double-digit sell-through growth and high-teens POS growth in many regions (KitchenAid SDA U.S. POS growth ~16%), driving share gains in key categories (mix benefit and international momentum).
Structural Cost Takeout Program
Targeting $150 million of cost takeout in 2026 (expected composition: ~$60M automation, ~$15M strategic sourcing, ~$20M corporate fixed cost reductions) to help offset inflation and volume headwinds.
Manufacturing & Distribution Footprint Benefits
Footprint optimization and investments expected to generate meaningful annualized EBIT benefits: Amana modernization ~ $70M, Perrysburg vertical integration ~$30M, and distribution consolidation expected to unlock ~$60M; local distribution centers reduced from 126 to 94 while maintaining 97% of customers within 100 miles.
Balance Sheet Strengthening and Liquidity
Completed a $1.1B equity offering, $2B secured bond issuance, and a $2B asset-based lending facility; sale of minority stake in Beko Europe for ~$128M (gross) generating ~ $84M net cash; secured over $3B in liquidity and cleared 2026–2027 maturities, providing runway into 2028.
Reaffirmed Operational Outlook and Full-Year Targets
Operational outlook unchanged: full-year revenue growth ~1.5% (like-for-like), full-year ongoing EBIT margin ~4%, and free cash flow expected ~$300M (~2% of net sales); company expects to exit 2026 with net debt below $5.0B.
MX:WHR 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