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Filing Flows › Burford Capital (BUR) › Q3 2026 › vs Q2 2026

Burford Capital (BUR) Q3 2026 vs Q2 2026 (quarter over quarter)

Burford Capital's revenue rose $36.2M (+33%) from $111M in Q2 2026 to $147M in Q3 2026. Operating margin 66.6% against 57.1% (+9.4 pts).

Burford Capital, Q3 2026: revenue $147M (+110% year over year), operating margin 66.6%, net earnings $23.4M, operating cash flow −$127M. The chart draws each line against Q2 2026, the increases inside each band.

Burford Capital: what changed, Q3 2026 vs Q2 2026Burford Capital: what changed, Q3 2026 vs Q2 2026Operating cash sources$201MWorking capital & other$201MCash used in operations$179MOperating profit$34.6MPre-tax earnings$29.2MNet earnings$21.2MOther expense, net$5.4MIncome tax$4.4MMinority interests$3.6MCosts & expenses$1.7M

Margins

Q3 2026Q2 2026Change
Operating margin66.6%57.1%+9.4 pts
Net margin15.9%2.0%+13.9 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$147M$111M$36.2M+33%
Operating profit$97.8M$63.2M$34.6M+55%
Costs & expenses$49.1M$47.4M$1.7M+4%
Pre-tax earnings$43.1M$14.0M$29.2M+209%
Other expense, net$54.7M$49.3M$5.4M+11%
General & admin$9.1M$8.6M$484K+6%
Other operating costs$40.0M$38.8M$1.2M+3%
Net earnings$23.4M$2.2M$21.2M+960%
Minority interests$10.9M$7.3M$3.6M+50%
Income tax$8.9M$4.5M$4.4M+98%
Operating cash sources$153M−$47.5M$201M—
Share-based compensation$2.9M$2.2M$648K+29%
Cash used in operations$127M−$52.0M$179M—
Working capital & other$153M−$47.5M$201M—

Questions

How much did Burford Capital's revenue grow quarter over quarter in Q3 2026?

Burford Capital's revenue rose $36.2M (+33%) from $111M in Q2 2026 to $147M in Q3 2026. Operating margin 66.6% against 57.1% (+9.4 pts).

Q3 2026 results → · Compare in the interactive Sankey →