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SNA · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 4.2% y/y to $1.33B, operating margin 25.2% vs 25.5%, net income $261M (+4.1% y/y).
Net earnings attributable to Snap-on Incorporated
$261M
up 4.1% y/y
Total revenues
$1,335M
up 4.2% y/y
Operating earnings
$336M
up 2.8% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Net sales | $1,235 · +4.7% |
| Financial services revenue | $99.7 · −2.0% |
| Total revenues | $1,335 · +4.2% |
| Cost of goods sold | $600 · +2.7% |
| Operating expenses | $366 · +8.9% |
| Financial services expenses | $32.2 · −3.9% |
| Operating earnings | $336 · +2.8% · 25.2% margin |
| Other income (expense) – net | $15.1 · +5.6% |
| Interest expense | $12.3 · +0.0% |
| Earnings before income taxes | $339 · +3.0% |
| Income tax expense | $73 · +0.7% · 21.5% effective rate |
| Net earnings attributable to noncontrolling interests | $5.6 · −13.8% |
| Net earnings attributable to Snap-on Incorporated | $261 · +4.1% · $4.96/sh · 19.5% margin |
Verdict: revenue grew 4.2% y/y to $1.33B, operating margin 25.2% vs 25.5%, net income $261M (+4.1% y/y).
Diluted EPS $4.96 vs $4.72 a year earlier; operating earnings before financial services $268.9 million, 21.8% of net sales; effective tax rate 21.9%.
Source and notation
Source: Snap-on earnings release, 8-K EX-99 of 07/23/2026 (SEC EDGAR). The income statement lines were taken from the release by hand; the program found every figure in the release text and checked the accounting identities and the chart balance; revenue and net income match SEC XBRL.
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Chart: “SNA Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/sna/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/sna/q2-2026"><img src="https://whoreportstoday.com/t/sna/q2-2026/sankey.png" alt="SNA Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/sna/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/sna/q2-2026">SNA Q2 2026 earnings chart (Who Reports Today)</a>
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- Net sales rose 4.7% to $1,235.1M: a 3.0% organic gain, $11.5 million of acquisition-related sales and $8.7 million of favorable currency translation.
- Financial services revenue slipped to $99.7M from $101.7M; financial services operating earnings were $67.5 million vs $68.2 million.
- Operating income was $336M, a 25.2% margin vs 25.5% a year earlier.
- The effective tax rate was 21.5% vs 22.0% a year earlier.
- Diluted EPS was $4.96 vs $4.72 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
SNA — Snap-on makes professional tools, diagnostics, repair information and equipment for vehicle technicians and industrial users, sold largely through franchise vans; it also finances purchases.
Headquarters: Kenosha, Wisconsin.
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