Filing Flows › Amcor (AMCR) › Q3 2026 › vs Q2 2026
Amcor (AMCR) Q3 2026 vs Q2 2026 (quarter over quarter)
Amcor's revenue fell $269M (-4%) from $6.4B in Q2 2026 to $6.1B in Q3 2026. The biggest changes: Global Flexible Packaging Solutions −$166M (-5%); Global Rigid Packaging Solutions −$103M (-4%). Gross margin 18.9% against 20.9% (-2.0 pts).
Amcor, Q3 2026: revenue $6.1B (+7% year over year), operating margin 7.4%, net earnings $242M, operating cash flow −$527M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 18.9% | 20.9% | -2.0 pts |
| Operating margin | 7.4% | 10.1% | -2.7 pts |
| Net margin | 3.9% | 6.1% | -2.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Global Flexible Packaging Solutions | $3.4B | $3.5B | −$166M | -5% |
| Global Rigid Packaging Solutions | $2.8B | $2.9B | −$103M | -4% |
| Revenue | $6.1B | $6.4B | −$269M | -4% |
| Gross profit | $1.2B | $1.3B | −$178M | -13% |
| Cost of revenue | $5.0B | $5.1B | −$91.0M | -2% |
| Operating profit | $454M | $646M | −$192M | -30% |
| Operating expenses | $705M | $691M | $14.0M | +2% |
| Pre-tax earnings | $300M | $485M | −$185M | -38% |
| Other expense, net | $154M | $161M | −$7.0M | -4% |
| Research & development | $41.0M | $42.0M | −$1.0M | -2% |
| SG&A | $468M | $568M | −$100M | -18% |
| Other operating costs | $196M | $81.0M | $115M | +142% |
| Net earnings | $242M | $389M | −$147M | -38% |
| Income tax | $58.0M | $97.0M | −$39.0M | -40% |
| Operating cash sources | $1.1B | −$811M | $2.0B | — |
| Depreciation & amortization | $365M | $365M | $0 | 0% |
| Share-based compensation | $12.0M | $30.0M | −$18.0M | -60% |
| Cash used in operations | $527M | −$1.6B | $2.1B | — |
| Working capital & other | $1.1B | −$811M | $2.0B | — |
Questions
How much did Amcor's revenue grow quarter over quarter in Q3 2026?
Amcor's revenue fell $269M (-4%) from $6.4B in Q2 2026 to $6.1B in Q3 2026.
What drove Amcor's revenue change in Q3 2026?
Global Flexible Packaging Solutions −$166M (-5%); Global Rigid Packaging Solutions −$103M (-4%).