WATSCO, INC. (WSO) FY2026 YTD Q2 P&L / Income Statement

Revenue by Geography

2026-01-01 to 2026-06-30

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WATSCO, INC. (WSO) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETUNITED STATESLatin America and the CaribbeanCANADARevenuesGross profitCost of salesOperating incomeOperating costs, net of other operating income (calculated)Selling, general and administrative expensesOther incomeOther income (expense), net (calculated)Income before income taxesNet incomeIncome taxesOther income (expense), net (calculated)Other income,net (calculated)$9.96 MIncome before income taxesPretax income$358.51 MRevenuesRevenues$3.64 BGross profitGross profit$1.01 BOperating incomeOperating income$348.56 MNet incomeNet income$284.24 MOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$657.93 MIncome taxesIncome taxes$74.27 MSelling, general and administrative expensesSelling, general andadministrative expenses$671.84 MUNITED STATESUNITED STATES$3.32 BCost of salesCost of sales$2.63 BOther incomeOther income−$13.91 MLatin America and the CaribbeanLatin America and the Caribbean$159.92 MCANADACANADA$155.71 M
Chart details

WATSCO, INC. (WSO) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
3,637,869,000 US dollars
Cost of sales
2,631,385,000 US dollars
Gross profit
1,006,484,000 US dollars
Operating costs, net of other operating income (calculated)
657,928,000 US dollars
Operating income
348,556,000 US dollars
Other income (expense), net (calculated)
9,956,000 US dollars
Income before income taxes
358,512,000 US dollars
Income taxes
74,269,000 US dollars
Net income
284,243,000 US dollars
UNITED STATES
3,322,234,000 US dollars
CANADA
155,712,000 US dollars
Latin America and the Caribbean
159,923,000 US dollars
Selling, general and administrative expenses
671,837,000 US dollars
Other income
negative 13,909,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to WATSCO, INC.: $242.41 M; to noncontrolling interests: $41.83 M.
WATSCO, INC. (WSO) FY2026 YTD Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

27.7%

Gross profit / revenue

Operating margin

9.6%

Operating profit / revenue

Cash conversion

−7.5%

Operating cash / net income, same period

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