Lumine Group (LMN) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 rose 28% year-over-year to $235.1 million, driven mainly by recent acquisitions and modest organic growth of 1%.

• Operating income increased 20% year-over-year to $75.3 million, reflecting improved profitability and contributions from new businesses.

• Net income declined 35% year-over-year to $15.4 million, primarily due to non-recurring acquisition costs, higher amortization, financing costs, and tax expenses.

Financial highlights

• Q2 2026 revenue: $235.1 million (up 28% year-over-year); six-month revenue: $443.4 million (up 22%).

• Q2 2026 operating income: $75.3 million (up 20% year-over-year); six-month operating income: $133.2 million (up 9%).

• Q2 2026 net income: $15.4 million (down 35% year-over-year); six-month net income: $34.4 million (down from $44.3 million).

• Cash flows from operations for Q2 2026: $68.5 million (down 13% year-over-year); free cash flow available to shareholders: $60.4 million (down 17%).

Outlook and guidance

• Management emphasizes continued capital deployment at high rates of return and ongoing focus on strengthening core and acquired businesses.