Watsco (WSO) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $4.00
- EPS estimate
- $4.41
- EPS surprise
- −9.31%
- Revenue surprise
- −1.77%
- Revenue
- $2.1B
- Revenue estimate
- $2.1B
- Reported
- Jul 29, 2026
Watsco reported Q2 2026 results on July 29, 2026. EPS was $4.00, below the $4.41 estimate by 9.31%. Revenue was $2.1 billion, 1.77% short of the $2.1 billion consensus. Compared with Q2 2025, EPS fell 11.5% from $4.52, while revenue was unchanged at $2.1 billion in the rounded figures shown.
Earnings are strongly seasonal in this data. Q2 and Q3 earned between $3.62 and $4.93 per share, while Q1 and Q4 ranged from $1.68 to $2.90. Annual EPS has edged lower each year, from $14.21 in 2022 to $13.66 in 2023, $13.25 in 2024 and $12.11 in 2025, a 14.8% decline over three years. Annual revenue stayed between $7.2 billion and $7.7 billion. The first half of 2026 totals $5.87 per share, 9.0% below the $6.45 of a year earlier. Watsco missed EPS estimates in 12 of the last 20 quarters, and Q1 2026 was its only beat in the last five.
Q3 results came between October 19 and October 29 in each of the past five years, pointing to late October 2026. The next report will show whether the third quarter, one of the two strongest each year, follows Q2's year-over-year decline.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 29, 2026 | $4.41 | $4.00 | −9.31% | $2.1B | SEC |
| Q1 2026 | Apr 28, 2026 | $1.69 | $1.87 | +10.48% | $1.5B | SEC |
| Q4 2025 | Feb 17, 2026 | $1.83 | $1.68 | −8.08% | $1.6B | SEC |
| Q3 2025 | Oct 29, 2025 | $4.22 | $3.98 | −5.73% | $2.1B | SEC |
| Q2 2025 | Jul 30, 2025 | $4.78 | $4.52 | −5.46% | $2.1B | SEC |
| Q1 2025 | Apr 23, 2025 | $2.26 | $1.93 | −14.78% | $1.5B | SEC |
| Q4 2024 | Feb 18, 2025 | $2.15 | $2.37 | +10.22% | $1.8B | SEC |
| Q3 2024 | Oct 23, 2024 | $4.73 | $4.22 | −10.69% | $2.2B | SEC |
| Q2 2024 | Jul 30, 2024 | $4.70 | $4.49 | −4.38% | $2.1B | SEC |
| Q1 2024 | Apr 24, 2024 | $2.29 | $2.17 | −5.18% | $1.6B | SEC |
| Q4 2023 | Feb 13, 2024 | $2.42 | $2.06 | −14.89% | $1.6B | SEC |
| Q3 2023 | Oct 19, 2023 | $4.28 | $4.35 | +1.53% | $2.1B | SEC |
| Q2 2023 | Aug 1, 2023 | $4.92 | $4.42 | −10.20% | $2.0B | SEC |
| Q1 2023 | Apr 20, 2023 | $2.39 | $2.83 | +18.25% | $1.6B | SEC |
| Q4 2022 | Feb 16, 2023 | $2.12 | $2.35 | +10.61% | $1.6B | SEC |
| Q3 2022 | Oct 20, 2022 | $4.44 | $4.03 | −9.15% | $2.0B | SEC |
| Q2 2022 | Jul 26, 2022 | $5.09 | $4.93 | −3.15% | $2.1B | SEC |
| Q1 2022 | Apr 21, 2022 | $1.79 | $2.90 | +62.36% | $1.5B | SEC |
| Q4 2021 | Feb 10, 2022 | $1.70 | $2.02 | +18.94% | $1.5B | SEC |
| Q3 2021 | Oct 20, 2021 | $3.52 | $3.62 | +2.98% | $1.8B | SEC |
Quarterly revenue
Frequently asked questions
When did Watsco (WSO) last report earnings?
Watsco last reported on Jul 29, 2026, covering fiscal Q2 2026.
Did WSO beat earnings estimates?
No. Watsco reported EPS of $4.00 for Q2 2026 against a $4.41 estimate — a 9.31% miss.
How much revenue did WSO report last quarter?
Watsco reported $2.1B in revenue for Q2 2026, against a consensus estimate of $2.1B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
