Rogers Corp Q2 2026: Revenue Climbs 6.9% but EPS Misses Consensus; Q3 Guidance Issued
ROG has more than doubled off its 52-week low of $61.165.
Summary
Rogers Corp's Q2 2026 revenue rose 6.9% to $216.8M, but adjusted EPS of $0.92 missed consensus by 7%. Gross margin improved, restructuring charges nearly vanished, and the company guided Q3.
Key Events · Earnings and Guidance · ROG
-
Q2 Revenue Up, EPS Miss
Net sales reached $216.8M, up 6.9% YoY, but adjusted EPS of $0.92 missed the $0.99 consensus by about 7%.
-
Gross Margin Expansion
Gross margin improved to 32.5% from 31.6% a year ago, driven by higher volume, favorable mix, and operational efficiencies.
-
Restructuring Charges Plunge
Restructuring and impairment charges fell to $0.7M from $76.1M in Q2 2025, as major cost-cutting actions wind down.
-
Strong Balance Sheet
Cash and equivalents of $181.4M, no borrowings on $450M revolver, and $48.8M remaining on share repurchase authorization.
Analysis · ROG · Industrial Applications And Services
Rogers Corp posted Q2 2026 adjusted EPS of $0.92, missing the $0.99 consensus by about 7%, even as revenue rose 6.9% to $216.8 million. Gross margin expanded 90 basis points to 32.5%, helped by higher volume and operational efficiencies. The company also guided for Q3 2026, offering a forward view. Restructuring charges fell sharply to $0.7 million from $76.1 million a year ago, signaling the end of major cost-cutting. The balance sheet remains strong with $181.4 million in cash and no borrowings on its $450 million revolver. While the earnings miss is modest, it follows a recent 8-K that already disclosed preliminary results; this 10-Q adds full financial details and management's discussion.
At the time of this filing, ROG was trading at $125.86 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $61.17 to $169.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.