Q2 26 EPS
$0.86
BEAT +0.17%
Est. $0.86
Q2 26 Revenue
$4.89B
BEAT +0.63%
Est. $4.86B
vs S&P Since Q2 26
-3.6%
TRAILING MARKET
ORLY +0.8% vs S&P +4.4%
Market Reaction
Did ORLY Beat Earnings? Q2 2026 Results
O'Reilly Automotive delivered a clean beat across the board in Q2 2026, posting diluted EPS of $0.86 against a consensus estimate of $0.86, a 0.17% beat, while revenue of $4.89 billion edged past the $4.86 billion estimate and grew 8.1% year over yea… Read more O'Reilly Automotive delivered a clean beat across the board in Q2 2026, posting diluted EPS of $0.86 against a consensus estimate of $0.86, a 0.17% beat, while revenue of $4.89 billion edged past the $4.86 billion estimate and grew 8.1% year over year. The primary engine behind the quarter was a 6.0% comparable store sales gain, built on top of 4.1% growth in the year-ago period, reflecting sustained demand across both the professional service provider and do-it-yourself customer channels, which contributed $2.47 billion and $2.34 billion in sales, respectively. Net income grew 7% to $715.06 million, aided by an aggressive buyback program that trimmed diluted shares from 858 million to 829 million. The results come amid market speculation about a potential large-scale acquisition, though the underlying business showed no signs of distraction. Management lifted full-year comparable store sales guidance to a 4% to 6% range and reaffirmed total revenue guidance of $18.90 billion to $19.20 billion, with diluted EPS projected between $3.20 and $3.30.
Key Takeaways
- • Comparable store sales growth of 6.0% in Q2 2026, on top of 4.1% in Q2 2025
- • Solid growth in both professional and DIY customer segments
- • Dual market strategy execution driving market share gains
- • Best-in-class parts availability supporting customer service levels
- • Share repurchases reducing diluted share count from 858 million to 829 million, boosting EPS growth to 10%
ORLY Forward Guidance & Outlook
O'Reilly raised its full-year 2026 comparable store sales guidance to 4.0% to 6.0%. Full-year 2026 guidance includes: total revenue of $18.9 billion to $19.2 billion; gross profit margin of 51.5% to 52.0%; operating income margin of 19.3% to 19.8%; effective income tax rate of 22.5%; diluted EPS of $3.20 to $3.30; net cash provided by operating activities of $3.1 billion to $3.5 billion; capital expenditures of $1.3 billion to $1.4 billion; free cash flow of $1.8 billion to $2.1 billion; and 225 to 235 net new store openings. The company is on track to achieve its store opening goals, having opened 110 net new stores year-to-date.
ORLY YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
ORLY Revenue by Segment
With YoY comparisons, source: SEC Filings
“I would like to thank all of Team O'Reilly for their tremendous hard work and unwavering commitment to taking care of our customers each and every day. We are very pleased to report another quarter of strong performance, highlighted by a comparable store sales increase of 6.0% and a 10% increase in diluted earnings per share. Our Team continues to consistently execute our proven dual market strategy at a high level and delivered solid growth in both professional and DIY during the quarter. We remain committed to taking market share by providing unsurpassed levels of service to our customers, supported by best-in-class parts availability.”
— Brad Beckham, Q2 2026 Earnings Press Release
ORLY Earnings Trends
ORLY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ORLY EPS Trend
Earnings per share: estimate vs actual
ORLY Revenue Trend
Quarterly revenue: estimate vs actual
ORLY Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.86 | $0.86 | +0.17% | $4.89B | +0.63% |
| Q1 26 BEAT | $0.70 | $0.72 | +3.34% | $4.56B | +2.31% |
| Q4 25 MISS FY | $0.72 | $0.71 | -1.89% | $4.41B | +0.47% |
| FY Full Year | — | $2.97 | — | $17.78B | — |
| Q3 25 BEAT | $0.83 | $0.85 | +2.36% | $4.71B | +0.31% |
| Q2 25 MISS | $0.78 | $0.78 | -0.26% | $4.53B | -0.21% |