Press release
Cintas Corporation Announces Fiscal 2026 Second Quarter Results
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2026 second quarter ended November 30, 2025. Revenue
About this update from Cintas Corporation
[{"type":"text","content":" CINCINNATI--(BUSINESS WIRE)--\nCintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2026 second quarter ended November 30, 2025. Revenue for the second quarter of fiscal 2026 was $2.80 billion compared to $2.56 billion in last year’s second quarter, an increase of 9.3%. Revenue growth in the quarter was positively impacted by 0.7% due to acquisitions. The organic revenue growth rate for the second quarter of fiscal 2026, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 8.6%.\n\nGross margin for the second quarter of fiscal 2026 was $1.41 billion compared to $1.28 billion in last year’s second quarter, an increase of 10.6%. Gross margin as a percentage of revenue was 50.4% for the second quarter of fiscal 2026 compared to 49.8% in last year's second quarter, an increase of 60 basis points.\n\nOperating income for the second quarter of fiscal 2026 increased 10.9% to $655.7 million compared to $591.4 million in last year's second quarter. Operating income as a percentage of revenue was 23.4% in the second quarter of fiscal 2026 compared to 23.1% in last year's second quarter.\n\nNet income was $495.3 million for the second quarter of fiscal 2026 compared to $448.5 million in last year's second quarter, an increase of 10.4%. The second quarter of fiscal 2026 effective tax rate was 21.2% compared to 20.7% in last year's second quarter. The tax rates in both quarters were impacted by certain discrete items, primarily the tax accounting impact for stock-based compensation. Second quarter of fiscal 2026 diluted earnings per share (EPS) was $1.21 compared to $1.09 in last year's second quarter, an increase of 11.0%.\n\nDuring the second quarter of fiscal 2026 and through December 17, 2025, Cintas purchased shares of Cintas common stock under our share buyback programs, for a total purchase price of $622.5 million. On December 15, 2025, Cintas paid an aggregate quarterly dividend of $180.7 million to shareholders. During the first six months of fiscal 2026, Cintas has returned $1.24 billion in capital to its shareholders in the form of share buybacks and dividends.\n\nTodd M. Schneider, Cintas’ President and Chief Executive Officer, stated, “We delivered another strong quarter, with record revenue driven by attractive growth across all our business segments, an all-time...