Puuilo Results Q2 2026: Revenue, Profit and Margins

Latest report: Puuilo half-year report Feb–Jul 2026, published September 10, 2026

In Q2 2026, Puuilo’s revenue was €153.2 million, up 12.9% from Q2 2025. Operating profit was €33.1 million, an operating margin of 21.6% (Q2 2025: 20.1%). Net income for the period was €25.4 million.

Puuilo’s financial year runs from February to January. Quarters (Q1–Q4) and years on this page are the company’s fiscal quarters and years.

Puuilo income statement Q2 2026: where the revenue went

Of every €100 of revenue in Q2 2026, €21.6 was left as operating profit and €16.6 as net income.

Puuilo: Where the revenue went, H1 '26, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Where the revenue went · H1 '26, EUR million
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Key figures for Q2 2026

Puuilo key figures, Q2 2026 vs Q2 2025
Q2 2026Q2 2025Change
Revenue, €M153.2135.7+12.9%
Operating profit, €M33.127.3+21.2%
Operating margin21.6%20.1%+1.5 pp
Adjusted EBITA, €M33.728.2+19.5%
Net income, €M25.420.7+22.7%
Net margin16.6%15.3%+1.3 pp

Puuilo in charts

Puuilo from revenue to net income, Q2 2026

Net income was €25.4 million on revenue of €153.2 million, a net margin of 16.6%.

Puuilo: From revenue to net income, H1 '26, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: From revenue to net income · H1 '26, EUR million
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What drove Puuilo’s operating profit

Operating profit rose from €27.3 million in Q2 2025 to €33.1 million in Q2 2026. The chart shows which lines of the income statement made up the change.

Puuilo: What drove the change in operating profit, H1 '25 → H1 '26, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: What drove the change in operating profit · H1 '25 → H1 '26, EUR million
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Puuilo profitability: profit margins by quarter

In Q2 2026, Puuilo’s operating margin was 21.6% (Q2 2025: 20.1%) and net margin 16.6% (Q2 2025: 15.3%). From Q3 2023 to Q2 2026, the operating margin ranged from 10.1% (Q1 2024) to 21.6% (Q2 2026).

Puuilo: Profitability, Quarterly, % of revenue. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Profitability · Quarterly, % of revenue
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Puuilo revenue growth by quarter

Revenue was €153.2 million in Q2 2026, up 12.9% from Q2 2025. The highest quarter from Q3 2023 to Q2 2026 was Q2 2026, with €153.2 million.

Puuilo: Revenue trend, Quarterly, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Revenue trend · Quarterly, EUR million
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Puuilo operating profit by quarter

Operating profit was €33.1 million in Q2 2026 (Q2 2025: €27.3 million). Adjusted EBITA was €33.7 million (Q2 2025: €28.2 million).

Puuilo: Operating profit trend, Quarterly, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Operating profit trend · Quarterly, EUR million
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Puuilo revenue and earnings, last twelve months

In the twelve months to the end of Q2 2026, revenue was €474.3 million (+14.8% on a year earlier) and net income €64.7 million.

Puuilo: Revenue and earnings, last twelve months, Rolling four-quarter sum, EUR million. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Revenue and earnings, last twelve months · Rolling four-quarter sum, EUR million
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Puuilo earnings per share (EPS)

Puuilo: Earnings per share, Half-yearly, EUR. Source: Puuilo half-year report Feb–Jul 2026.
Puuilo: Earnings per share · Half-yearly, EUR
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Quarterly results

Puuilo quarterly results (€M unless stated)
QuarterRevenueChange y/yOperating profitOperating marginNet incomeEPS
Q2 2026153.2+12.9%33.121.6%25.4—
Q1 2026103.8+16.2%15.715.1%11.3€0.13
Q4 2025101.1+17.7%16.015.8%11.8—
Q3 2025116.2+13.7%21.418.4%16.2€0.19
Q2 2025135.7+13.1%27.320.1%20.7—
Q1 202589.3+18.4%10.411.6%7.3€0.09
Q4 202485.9+11.8%13.816.1%10.0—
Q3 2024102.2+10.7%19.318.9%14.5€0.17

Annual results

Puuilo annual results (€M unless stated)
YearRevenueOperating profitOperating marginNet incomeEPS
2025442.375.117.0%56.0€0.66
2024383.465.117.0%47.9€0.57
2023338.452.815.6%38.7€0.46

Dividends

Puuilo dividend per share by financial year
Financial yearDividend per shareEPSPayout ratioStatusSource
2025€0.66€0.66100.0%Board proposalRelease
2024€0.70€0.57122.8%Board proposalRelease

“Board proposal” is the dividend the board proposed in the financial statements release. The annual general meeting usually approves it, but check the company’s AGM release for the final decision. Payout ratio is dividend per share divided by basic earnings per share (payout ratio); N/M means not meaningful (loss).

Guidance vs. actual

What Puuilo told investors to expect in each report, and what it then reported for the year.

Puuilo: Revenue guidance for 2026, Guidance in each report. Source: Puuilo interim reports.
Puuilo: Revenue guidance for 2026 · Guidance in each report
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Puuilo: Adjusted EBITA guidance for 2026, Guidance in each report. Source: Puuilo interim reports.
Puuilo: Adjusted EBITA guidance for 2026 · Guidance in each report
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Puuilo: Revenue guidance for 2025, Guidance in each report and the actual outcome · Within guidance. Source: Puuilo interim reports and financial statements release 2025.
Puuilo: Revenue guidance for 2025 · Guidance in each report and the actual outcome · Within guidance
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Puuilo: Adjusted EBITA guidance for 2025, Guidance in each report and the actual outcome · Within guidance. Source: Puuilo interim reports and financial statements release 2025.
Puuilo: Adjusted EBITA guidance for 2025 · Guidance in each report and the actual outcome · Within guidance
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Puuilo financial guidance and outcomes
MetricLatest guidance (report)ActualOutcome
Revenue, 2026€495M–€515M (H1 '26)—Year in progress
Adjusted EBITA, 2026€87M–€97M (H1 '26)—Year in progress
Revenue, 2025€430M–€450M (9M '25)€442.3MWithin guidance
Adjusted EBITA, 2025€72M–€79M (9M '25)€77.4MWithin guidance

Guidance and actuals are as the company reported them, on the same basis (for example adjusted, or growth at constant currency). “Within guidance” means the actual is inside the latest range or meets the stated minimum or maximum; an “about” figure allows ±5% (±0.5 percentage points for percentages). For a direction such as “flat”, a change of less than 2% (0.5 points for margins) counts as flat. Guidance changed in a separate release between reports is shown from the next report onwards.

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About Puuilo

Puuilo is a Finnish discount retailer selling DIY, home, car, pet and farm products in its stores and online.

Sources
  1. Puuilo half-year report Feb–Jul 2026, published Sep 10, 2026
  2. Puuilo business review Q1 '26, published Jun 11, 2026
  3. Puuilo financial statements release 2025 (Feb 2025–Jan 2026), published Mar 25, 2026
  4. Puuilo business review Q3 '25, published Dec 10, 2025
  5. Puuilo half-year report Feb–Jul 2025, published Sep 11, 2025
  6. Puuilo business review Q1 '25, published Jun 10, 2025
  7. Puuilo financial statements release 2024 (Feb 2024–Jan 2025), published Mar 27, 2025
  8. Puuilo business review Q3 '24, published Dec 11, 2024
  9. Puuilo half-year report Feb–Jul 2024, published Sep 12, 2024

About these figures. All figures come from Puuilo’s published interim reports and financial statements releases, linked above, and are checked against them before publication. Errors are still possible, so confirm any figure in the original report before relying on it. Amounts are in millions of the reporting currency. Quarters reported only cumulatively (for example the fourth quarter) are derived by subtraction, and when a company restates earlier figures, older quarters on the previous basis are left out of comparisons. Margins and changes are calculated by Finpendium. This page is for information only and is not investment advice or a recommendation to buy or sell any security. See how the figures are checked and our Disclaimer. Spotted an error? Let us know.