Filing Flows › Crown Crafts (CRWS) › Q3 FY26
Crown Crafts (CRWS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 11, 2026
Crown Crafts (CRWS) reported revenue of $20.7M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -13% from the quarter before. Operating margin was -0.5%, net earnings $1.5M (7.3% of revenue).
Crown Crafts, Q3 FY26: revenue $20.7M (-11% year over year), operating margin -0.5%, net earnings $1.5M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.7M | -13% | -11% |
| Operating profit | −$106K | -106% | -106% |
| Net earnings | $1.5M | +31% | +69% |
| Operating cash flow | $2.7M | — | — |
| Free cash flow | $2.3M | — | — |
What changed
Revenue was $20.7M in Q3 FY26, down 11% year over year and down 13% from the previous quarter.
Gross margin was 23.5%, down 2.6 points from Q3 FY25. Operating costs exceeded revenue by $106K, an operating margin of -0.5%. Operating expenses grew 13% against a revenue fall of 11%. Net earnings were $1.5M, up 69% year over year. The effective tax rate was 28.4%. Non-operating items added $2.2M, 105% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.7M, 178% of net earnings. Non-cash charges added back $376K of depreciation and amortization and $187K of share-based compensation. Working capital and other items added $622K. Capital expenditures of $356K left free cash flow of $2.3M.
Questions
What was Crown Crafts' revenue in the third quarter fiscal 2026?
Crown Crafts (CRWS) reported revenue of $20.7M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -13% from the quarter before.
Was Crown Crafts profitable in the third quarter fiscal 2026?
Operating loss was $106K (-0.5% of revenue) and net earnings $1.5M.
Source: Crown Crafts 10-Q on SEC EDGAR.