Revenue: As of FY2027 Q2, the actual value is USD 1.335 B.

EPS: As of FY2027 Q2, the actual value is USD 4.96, missing the estimate of USD 5.3358.

EBIT: As of FY2027 Q2, the actual value is USD 351.5 M.

Overall Performance (Second Quarter 2026 vs. 2025)

• Gross Margin: Improved to 51.4% in Q2 2026, from 50.5% in Q2 2025.
• Operating Earnings before Financial Services: Reached $268.9 million, up from $259.1 million in the prior year. As a percentage of net sales, it was 21.8% in 2026, slightly down from 22.0% in 2025.
• Financial Services Revenue: Was $99.7 million, down from $101.7 million in 2025.
• Financial Services Operating Earnings: Were $67.5 million, compared to $68.2 million last year.
• Consolidated Operating Earnings: Were $336.4 million, an increase from $327.3 million in 2025. As a percentage of revenues, consolidated operating earnings were 25.2% in Q2 2026, compared to 25.5% in Q2 2025.
• Effective Income Tax Rate: Was 21.9% in Q2 2026, an improvement from 22.5% in Q2 2025.
• Net Earnings Attributable to Snap-on Incorporated: Were $260.6 million, up from $250.3 million a year ago.

Segment Results (Three Months Ended July 4, 2026 vs. 2025)

• Commercial & Industrial Group:
  • Sales: Were $395.8 million, up from $347.8 million last year, driven by an 11.0% organic gain of $38.7 million, $6.8 million in acquisition-related sales, and $2.5 million from favorable foreign currency translation.
  • Operating Earnings: Increased to $66.5 million from $46.9 million.
  • Operating Margin: Was 16.8%, up 330 basis points from 13.5% in the prior year.
• Snap-on Tools Group:
  • Sales: Reached $508.8 million, compared to $491.0 million last year, reflecting a 3.0% organic sales increase of $14.9 million and $2.9 million from favorable foreign currency translation.
  • Operating Earnings: Were $115.1 million, slightly down from $116.7 million.
  • Operating Margin: Was 22.6%, compared to 23.8% a year ago.
• Repair Systems & Information Group:
  • Sales: Were $480.3 million, up from $468.6 million in 2025, including a 0.7% organic gain of $3.2 million, $4.7 million in acquisition-related sales, and $3.8 million from favorable foreign currency translation.
  • Operating Earnings: Were $115.1 million, down from $119.8 million.
  • Operating Margin: Was 24.0%, compared to 25.6% last year.
• Financial Services:
  • Operating Earnings: Were $67.5 million on revenue of $99.7 million, compared to operating earnings of $68.2 million on revenue of $101.7 million last year.
  • Originations: Decreased by $12.0 million, or 4.1%, to $281.0 million from 2025 levels.
• Corporate Expenses: Totaled $27.8 million, up from $24.3 million in the prior year.

Six Months Ended July 4, 2026 Financial Highlights (vs. 2025)

• Gross Profit: Was $1,243.5 million, up from $1,174.0 million in 2025.
• Operating Earnings before Financial Services: Were $519.7 million, compared to $502.2 million in 2025.
• Financial Services Revenue: Was $200.8 million, down from $203.8 million in 2025.
• Financial Services Operating Earnings: Were $135.5 million, compared to $138.5 million in 2025.
• Consolidated Operating Earnings: Were $655.2 million, up from $640.7 million in 2025.
• Net Earnings Attributable to Snap-on Incorporated: Were $507.6 million, compared to $490.8 million in 2025.

Cash Flow Highlights

• Net Cash Provided by Operating Activities (Three Months Ended July 4, 2026): Was $271.5 million, up from $237.2 million in 2025.
• Net Cash Used by Investing Activities (Three Months Ended July 4, 2026): Was -$195.1 million, compared to -$46.0 million in 2025, largely due to $154.0 million in acquisitions of businesses.
• Net Cash Used by Financing Activities (Three Months Ended July 4, 2026): Was -$185.8 million, compared to -$170.9 million in 2025.
• Cash and Cash Equivalents (End of Period): Were $1,644.7 million, compared to $1,458.3 million in the prior year.
• Net Cash Provided by Operating Activities (Six Months Ended July 4, 2026): Was $640.2 million, up from $535.7 million in 2025.
• Net Cash Used by Investing Activities (Six Months Ended July 4, 2026): Was -$223.7 million, compared to -$78.0 million in 2025, primarily due to $159.1 million in acquisitions.
• Net Cash Used by Financing Activities (Six Months Ended July 4, 2026): Was -$396.9 million, compared to -$364.5 million in 2025.
• Capital Expenditures (Six Months Ended July 4, 2026): Were $44.3 million.

Outlook

Snap-on Incorporated expects to advance its growth strategies by leveraging existing capabilities and expanding its professional customer base in automotive repair and adjacent markets, as well as extending into critical industries. The company projects full-year 2026 capital expenditures to be approximately $100 million. Additionally, it anticipates its full-year 2026 effective income tax rate will be around 22%.