Snap-on Q2 Earnings Beat: $4.96 EPS, Gross Margin Expands to 51.4%
SNA sits 30% above its 52-week low of $312.78.
Summary
Snap-on reported Q2 2026 diluted EPS of $4.96, beating estimates, with sales up 4.7% and gross margin improving to 51.4%. The company also closed acquisitions of Hi-Force Hydraulic Tools and Diesel Laptops.
Key Events · Earnings and Guidance · SNA
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Q2 EPS Beat
Diluted EPS of $4.96 exceeded consensus estimates, up from $4.72 a year ago.
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Revenue Growth
Net sales rose 4.7% to $1,235.1 million, with organic sales up 3.0%.
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Gross Margin Expansion
Gross margin improved to 51.4% from 50.5%, reflecting pricing power and cost management.
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Strategic Acquisitions Closed
Completed acquisitions of Hi-Force Hydraulic Tools and Diesel Laptops, expanding torque and diagnostics capabilities.
Analysis · SNA · Manufacturing
A strong second quarter saw diluted EPS reach $4.96, topping consensus, while gross margin expanded 90 basis points to 51.4%. Organic sales grew 3.0%, with the Commercial & Industrial Group surging 11%. The period also brought two strategic acquisitions—Hi-Force Hydraulic Tools and Diesel Laptops—extending Snap-on's reach in critical industries and diagnostics. Against a backdrop of recent insider selling, these results reinforce the company's operational momentum and pricing power.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.7% of the 1075 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SNA was trading at $406.15 on NYSE in the Manufacturing sector, with a market capitalization of approximately $21B. The 52-week trading range was $312.78 to $419.68. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.