Filing Flows › Axalta Coating Systems (AXTA) › Q3 2026
Axalta Coating Systems (AXTA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before. Operating margin was 12.6%, net earnings $95.0M (7.2% of revenue).
Axalta Coating Systems, Q3 2026: revenue $1.3B (+2% year over year), operating margin 12.6%, net earnings $95.0M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -3% | +2% |
| Operating profit | $165M | -1% | -19% |
| Net earnings | $95.0M | +7% | -14% |
| Operating cash flow | $135M | -11% | -1% |
| Free cash flow | $92.0M | — | +3% |
What changed
Revenue was $1.3B in Q3 2026, up 2% year over year and down 3% from the previous quarter. Performance Coatings was the largest line at 62% of revenue. Mobility Coatings added $0.03B year over year (up 7%), 143% of the total change. Performance Coatings declined 1%.
Operating profit was $0.17B, a 12.6% margin (down 3.3 points year over year). Operating profit fell $0.04B even though revenue rose $0.02B versus Q3 2025, so costs grew faster than sales. Total costs grew 6% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+61%). Net earnings were $0.10B, down 14% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.14B (down 1% year over year), 142% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. After purchase of property, plant and equipment, net ($0.04B), free cash flow as the company reports it was $0.09B.
Questions
What was Axalta Coating Systems' revenue in the third quarter 2026?
Axalta Coating Systems (AXTA) reported revenue of $1.3B for the third quarter 2026 (Q3 2026), +2% from a year earlier and -3% from the quarter before.
Was Axalta Coating Systems profitable in the third quarter 2026?
Operating profit was $165M (12.6% of revenue) and net earnings $95.0M.