ORLY · 10-Q · 2026Q2 · Full report

Operating Income and Margins

O REILLY AUTOMOTIVE INC · 2026-08-07 · Importance 50 · Surprise 32 · From source text

Quarterly operating income increased 8% to $986 million in 2026, while operating margin held at 20.2%. Six-month operating income increased 10% to $1.83 billion, and operating margin improved to 19.3% from 19.1%. The first-half margin expansion reflected gross-margin improvement and leverage of store operating costs on strong comparable-store sales. Higher insurance and inflationary expenses limited margin expansion in the quarter.

Key facts

• Operating income for the six months ended June 30, 2026, increased 10% to $1.83 billion (or 19.3% of sales) from $1.66 billion (or 19.1% of sales) for the same period one year ago. source
• Operating income for the three months ended June 30, 2026, increased 8% to $986 million (or 20.2% of sales), from $914 million (or 20.2% of sales) for the same period one year ago. source
• Net income for the three months ended June 30, 2026, increased 7% to $715 million (or 14.6% of sales) from $669 million (or 14.8% of sales) for the same period one year ago. source
• Net income for the six months ended June 30, 2026, increased 9% to $1.32 billion (or 14.0% of sales) from $1.21 billion (or 13.9% of sales) for the same period one year ago. source
• Diluted earnings per common share for the three months ended June 30, 2026, increased 10% to $0.86 on 829 million shares from $0.78 on 858 million shares for the same period one year ago. source
• Diluted earnings per common share for the six months ended June 30, 2026, increased 13% to $1.58 on 836 million shares from $1.40 on 861 million shares for the same period one year ago. source

Impact estimates