Revenue Expansion
Revenue grew by 9.6% year-over-year to $1.35B in Q2 FY2026 compared to $1.23B in Q2 FY2025, reflecting solid top-line performance.
Source: 10-Q Income Statement (XBRL)
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Northern Trust Corporation reported Q2 FY2026 revenue of $1.35B (up 9.6% YoY) and net income of $792.20M (up 88.0% YoY), offset by a contraction in year-to-date operating cash flow to -$384.90M.
Revenue
$1.35B
+9.62% YoY
Source: SEC XBRL
Northern Trust (NTRS) reported Q2 FY2026 revenue of $1.35B, up 9.6% year over year. NTRS's fiscal Q2 FY2026 corresponds to calendar Q2 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026This filing | 2.97 | 2.76 | Beat +7.5% |
| Mar 2026 | 2.71 | 2.37 | Beat +14.3% |
| Dec 2025 | 2.69 | 2.41 | Beat +11.5% |
| Sep 2025 | 2.29 | 2.29 | Miss -0.0% |
Reported EPS of $2.97 versus the $2.76 analyst consensus — a +7.5% beat for Jun 2026.
Compiled by AI from this SEC filing
Revenue grew by 9.6% year-over-year to $1.35B in Q2 FY2026 compared to $1.23B in Q2 FY2025, reflecting solid top-line performance.
Source: 10-Q Income Statement (XBRL)
Net income increased by 88.0% year-over-year to $792.20M from $421.30M in the prior-year quarter, driving a net margin of 58.70%.
Source: 10-Q Income Statement (XBRL)
Cumulative year-to-date operating cash flow dropped to -$384.90M from $4.62B in the prior period, while share buybacks increased by 13.2% year-over-year to $709.50M.
Source: 10-Q Cash Flow Statement (XBRL)
Compiled by AI from this SEC filing · 0 high, 2 medium, 1 low
Year-to-date operating cash flow shifted to -$384.90M compared to $4.62B in the prior year period. A sustained deficit in operating cash flows could impact future capital return programs and operational flexibility.
Source: 10-Q Cash Flow Statement (XBRL)
Total liabilities of $165.90B relative to stockholders' equity of $13.40B result in a high Debt to Equity ratio of 12.38. High financial leverage makes the institution sensitive to rate volatility and credit market dislocations.
Source: 10-Q Balance Sheet (XBRL)
Total assets grew 4.3% YoY to $179.30B. Changes in prevailing market interest rates or asset valuations could adversely affect net interest margins and total returns.
Source: 10-Q Balance Sheet (XBRL)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.35 $B | 1.23 $B | +9.62% |
Net Income $M | 792.20 $M | 421.30 $M | +88.04% |
Answers draw on this SEC filing and the data on this page
Expected release date, analyst estimates & what to watch
Northern Trust (NTRS) delivered strong Q1 FY2026 results with revenue up 10.5% YoY to $1.34B and net income surging 34.1% to $525.5M, though operating cash flow turned sharply negative at -$320M.
Northern Trust (NTRS) reported a challenging FY2025 with revenue declining 2.5% to $8.09B and net income falling 14.5% to $1.74B, though operating cash flow surged dramatically to $5.53B from negative territory in the prior year.
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