Johnson Controls Q2 FY26: where the revenue came from and where it went
The whole income statement of Johnson Controls for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 6, 2026
Revenue$6.1B
+8% year over year
Gross profit$2.3B
37% margin
Operating profit−$0.7B
−12% margin
Net profit$0.6B
10% margin
Net profit is larger than what operations earned, because the statement adds $1.5B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.1 | 100% | +8% |
| Products & systems | 4.2 | 68% | +9% |
| Services | 1.9 | 32% | +7% |
| Cost of revenue | −3.9 | 63% | |
| Gross profit | 2.3 | 37% margin | |
| SG&A | −1.4 | 23% | −2pp |
| Other | −1.6 | 26% | |
| Operating profit | −0.7 | −12% margin | |
| Other income, net | 1.5 | ||
| Tax | −0.1 | ||
| Net profit | 0.6 | 10% margin | +2pp |
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