Filing Flows › Ceco Environmental (CECO) › Q3 2026
Ceco Environmental (CECO) Q3 2026 earnings results (third quarter 2026)
8-K filed Nov 9, 2026
Ceco Environmental (CECO) reported revenue of $404M for the third quarter 2026 (Q3 2026), +105% from a year earlier and +42% from the quarter before. Operating margin was 2.6%, net loss $1.9M (0.5% of revenue).
Ceco Environmental, Q3 2026: revenue $404M (+105% year over year), operating margin 2.6%, net loss $1.9M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $404M | +42% | +105% |
| Operating profit | $10.5M | — | +12% |
| Net earnings | −$1.9M | — | -228% |
| Operating cash flow | $154M | — | +908% |
| Free cash flow | $148M | — | 13× |
What changed
Revenue was $404.4M in Q3 2026, up 105% year over year and up 42% from the previous quarter.
Gross margin was 32.2%, down 0.5 points from Q3 2025. Operating profit was $10.5M, a 2.6% margin (down 2.2 points year over year). Of the extra revenue versus Q3 2025, 1% reached operating profit, below the 5% margin then. Operating expenses grew 117% against revenue growth of 105%. The fastest-growing cost line was Other operating costs (+248%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $34.5M loss. Net interest and other expense of $13.5M was the main reason.
Operating cash flow was $153.8M (up 908% year over year). Non-cash charges added back $23.4M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items added $125.9M. Capital expenditures of $5.4M left free cash flow of $148.4M.
Questions
What was Ceco Environmental's revenue in the third quarter 2026?
Ceco Environmental (CECO) reported revenue of $404M for the third quarter 2026 (Q3 2026), +105% from a year earlier and +42% from the quarter before.
Was Ceco Environmental profitable in the third quarter 2026?
Operating profit was $10.5M (2.6% of revenue) and net loss $1.9M.
Source: Ceco Environmental 8-K on SEC EDGAR.