Filing Flows › Ashland (ASH) › Q3 FY26 › vs Q3 FY25
Ashland (ASH) Q3 FY26 vs Q3 FY25 (year over year)
Ashland's revenue rose $34.0M (+7%) from $463M in Q3 FY25 to $497M in Q3 FY26. Gross margin 34.2% against 28.5% (+5.7 pts).
Ashland, Q3 FY26: revenue $497M (+7% year over year), operating margin 8.7%, net earnings $16.0M, operating cash flow $120M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 34.2% | 28.5% | +5.7 pts |
| Operating margin | 8.7% | -152.9% | +161.6 pts |
| Net margin | 3.2% | -160.3% | +163.5 pts |
| Free cash flow margin | 20.1% | 20.5% | -0.4 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $497M | $463M | $34.0M | +7% |
| Gross profit | $170M | $132M | $38.0M | +29% |
| Cost of revenue | $327M | $331M | −$4.0M | -1% |
| Operating profit | $43.0M | −$708M | $751M | — |
| Operating expenses | $127M | $840M | −$713M | -85% |
| Pre-tax earnings | $31.0M | −$727M | $758M | — |
| Other expense, net | $12.0M | $19.0M | −$7.0M | -37% |
| Research & development | $15.0M | $13.0M | $2.0M | +15% |
| SG&A | $99.0M | $106M | −$7.0M | -7% |
| Other operating costs | $13.0M | $721M | −$708M | -98% |
| Net earnings | $16.0M | −$742M | $758M | — |
| Income tax | $15.0M | $15.0M | $0 | 0% |
| Depreciation & amortization | $48.0M | $76.0M | −$28.0M | -37% |
| Share-based compensation | $4.0M | $2.0M | $2.0M | +100% |
| Working capital & other | $52.0M | $779M | −$727M | -93% |
| Operating cash flow | $120M | $115M | $5.0M | +4% |
| Free cash flow (OCF − capex) | $100M | $95.0M | $5.0M | +5% |
| Capital expenditures | $20.0M | $20.0M | $0 | 0% |
Questions
How much did Ashland's revenue grow year over year in Q3 FY26?
Ashland's revenue rose $34.0M (+7%) from $463M in Q3 FY25 to $497M in Q3 FY26. Gross margin 34.2% against 28.5% (+5.7 pts).