Vision walked into this earnings print with a value label on its back and a stock that has drifted over the past quarter. The headline today is simple: profit quality is quietly doing the heavy lifting. Net profit margin over the past year sat at 11.7%, up from 9.5%, and earnings over that period grew 30.6%. This helps support a trailing P/E of 10.6 that sits below peers and the wider Asian telecom sector.
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Q2 2026 Earnings Summary
- Revenue Q2 2026 vs Q2 2025: ¥9,829.472 million vs. ¥9,448.616 million (up 4.0%)
- Net Income Q2 2026 vs Q2 2025: ¥1,038.543 million vs. ¥896.483 million (up 15.8%)
- Basic EPS Q2 2026 vs Q2 2025: ¥21.25 vs. ¥18.23 (up 16.6%)
- Trailing 12 Month Net Income Margin to Q2 2026: 11.7% vs. 9.5% a year earlier (margin improvement)
Prefer clean, visual charts instead of scrolling through dense tables of figures? See Vision's full earnings and profitability picture in an easy, visual format in the company report for Vision.
Vision earnings support a constructive profit story
For anyone leaning positive on Vision, this set of numbers gives the thesis some backing. Revenue in Q2 2026 is modestly higher than a year ago, yet profit is growing faster than sales. Net income and basic EPS both rise at a double digit rate, and the trailing net margin steps up to 11.7% from 9.5%. That points to better profit quality and cost discipline. Short term share price moves are muted, which suggests the market is still digesting the improvement rather than aggressively pricing it in.
Where Vision’s results still leave room for doubt
There is also material for a cautious view on Vision. Revenue growth sits in the low single digits, which can raise questions about how much is coming from volume versus tighter costs. The 90 day share price performance is down, even with healthier margins and earnings, which hints at concerns around longer term growth or travel exposure that a single quarter does not settle. Investors focusing on tourism cyclicality or competition in connectivity may see this as good execution, but not yet a clear break from those underlying risks.
Access the full set of Vision earnings assumptions, where the surface looks calm but the models may point to a very different trajectory over the next few years, by reviewing the analyst estimates for Vision.
Stay Ahead With Vision And Simply Wall St
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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