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EarningsQ2 2026 Earnings Report
ROG Q2 2026 EPS Results
Actual EPS$0.92
Consensus EPS$0.99
Beat/MissMissed by -$0.07
One Year Ago EPS$0.34
ROG Q2 2026 Revenue Results
Actual Revenue$216.80M
Expected Revenue$215.00M
Beat/MissBeat by +$1.80M
YoY Revenue Growth+6.90%
Earnings Announcement Details
QuarterQ2 2026
Date07/28/2026
TimeAfter Close
Conference CallTuesday, July 28, 2026
ROG Upcoming Earnings
Rogers's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
ROG Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear momentum: revenue growth, substantial year-over-year profitability improvement, positive cash generation and constructive guidance for Q3 (10% revenue growth and margin expansion). Management also highlighted promising R&D progress in AI/data-center cooling and high-frequency materials and reiterated cost-savings progress and strategic flexibility for M&A. Offsetting these positives are notable near-term headwinds from supply chain disruptions (raw materials and freight), China-factory underutilization, a onetime plant event that reduced EPS versus the midpoint, elevated non-GAAP tax rate, and working capital build. Overall, the highlights modestly outweigh the lowlights given strong underlying growth, margin recovery and a confident outlook, but the company faces several operational and cost pressures in the near term.Company Guidance
Revenue Growth and Beat
Q2 sales of $216.8 million, up 6.9% year-over-year and above the midpoint of guidance; company expects Q3 revenue of $233M–$243M with a midpoint implying ~10% year-over-year growth.
Profitability Improvement
Adjusted EBITDA of $37.6 million (17.3% of sales), a 550 basis-point improvement year-over-year; adjusted EPS of $0.92, up 171% versus Q2 2025; gross margin improved to 32.5%, +90 basis points year-over-year.
Strong Q3 Outlook
Q3 guidance calls for adjusted EBITDA of $44M–$50M (midpoint ~19.7% margin, +250 basis points year-over-year), gross margin guidance 33.2%–34.2% (midpoint +20 bps YoY), and adjusted EPS $1.10–$1.30 (midpoint $1.20 vs prior-year $0.90).
Cash Generation and Balance Sheet Strength
Cash and short-term investments exceeded $211 million, up $15.6 million sequentially; cash provided by operations was $24.4 million in Q2 (vs $5.8M in Q1) and free cash flow was $18.3 million.
End-Market Momentum — Electronics & Communications
Electronics & Communications (~18% of sales) delivered one of the strongest performances with double-digit year-over-year revenue growth driven by wireless infrastructure and smartphones (favorable mix and share gains).
Industrial Leadership and Broad-Based Growth
Industrial (~37% of YTD sales) delivered high single-digit YoY growth led by Silicon Solutions and mass transit (rail) demand; three largest end markets delivered YoY growth in the quarter.
R&D and New Product Progress — AI & Data Center
Advancing microchannel cooler technology for high-power AI/data-center applications with multiple customer validations; high-frequency circuit materials actively sampling with multiple customers and positive initial feedback.
Capital Allocation and Share Returns
Q2 capex of $6.1 million with full-year capex guidance of $30M–$35M; repurchased $3 million of shares in Q2 while maintaining strategic flexibility with a strong cash position.
Operational Actions and Cost-Savings
Restructuring program (Cami facility) targeting $13 million of savings is on track with some savings already realized; manufacturing cost reductions and operating expense discipline contributed to EBITDA improvement.
Investor Engagement
Analyst & Investor Day scheduled for September 30, 2026 to provide detailed strategy, capital allocation priorities and updates on AI data center, EV and other growth opportunities.
ROG 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