Watsco reports Q2 2026 results: 2% revenue growth, 12% EPS decline to $4.00

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue rose 2% to $2.1B, but EPS fell 12% to $4.00 as gross margin compressed 180bp to 27.5%, driven by normalized OEM pricing versus 2025's inflation/tariff-driven pricing actions.

  Item 2.02 verify on EDGAR →
• high

  Completed Jackson Supply acquisition in June 2026, adding ~$230M in annualized sales and 25 Sunbelt locations to the distribution network.

  Item 2.02 verify on EDGAR →
• high

  E-commerce sales grew 13% in H1 2026, reaching $2.7B (37% of total sales) for the trailing twelve months, with some regions exceeding 70% e-commerce penetration.

  Item 2.02 verify on EDGAR →