Filing Flows › Compass Minerals International (CMP) › Q3 FY26
Compass Minerals International (CMP) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 6, 2026
Compass Minerals International (CMP) reported revenue of $215M for the third quarter fiscal 2026 (Q3 FY26), +0.3% from a year earlier and -52% from the quarter before. Operating margin was 5.1%, net loss $5.7M (2.6% of revenue).
Compass Minerals International, Q3 FY26: revenue $215M (+0.3% year over year), operating margin 5.1%, net loss $5.7M, operating cash flow $2.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $215M | -52% | +0.3% |
| Operating profit | $10.9M | -81% | -31% |
| Net earnings | −$5.7M | -145% | — |
| Operating cash flow | $2.4M | -99% | -89% |
What changed
Revenue was $215.3M in Q3 FY26, roughly flat year over year and down 52% from the previous quarter. Highway Salt was the largest line at 42% of revenue. Consumer & Industrial Salt added $6.8M year over year (up 9%), 971% of the total change. Eliminations & Other declined 33%.
Gross margin was 17.6%, down 1.6 points from Q3 FY25. Operating profit was $10.9M, a 5.1% margin (down 2.3 points year over year). Operating profit fell $5.0M even though revenue rose $700K versus Q3 FY25, so costs grew faster than sales. Operating expenses grew 7% against flat revenue. The quarter ended with a net loss of $5.7M, after a profit of $12.7M the previous quarter. Net interest and other expense of $10.2M was the main reason.
Operating cash flow was $2.4M (down 89% year over year). Non-cash charges added back $25.6M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items used $20.9M. Capital expenditures of $21.1M exceeded it, leaving free cash flow of −$18.7M.
Questions
What was Compass Minerals International's revenue in the third quarter fiscal 2026?
Compass Minerals International (CMP) reported revenue of $215M for the third quarter fiscal 2026 (Q3 FY26), +0.3% from a year earlier and -52% from the quarter before.
Was Compass Minerals International profitable in the third quarter fiscal 2026?
Operating profit was $10.9M (5.1% of revenue) and net loss $5.7M.