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CTS (CTS) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 27, 2026 · CTS (CTS) Q3 2026 earnings results →
Q3 2026 Revenue up 5% year over year to $150M · 12¢ of every $1 of revenue kept as net profit · operating margin 17.1%
CTS made $150M in Q3 2026 (+5% Y/Y). Operating margin 17.1%, net earnings $17.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 27, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $149.6M in Q3 2026, up 5% year over year and up 3% from the previous quarter.
Gross margin was 42.2%, up 3.5 points from Q3 2025. Operating profit was $25.5M, a 17.1% margin (up 2.4 points year over year). Of the extra revenue versus Q3 2025, 70% reached operating profit, above the 15% margin then. Operating expenses grew 9% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+67%). Net earnings were $17.8M, up 30% year over year. The effective tax rate was 53.5%. Non-operating items added $12.7M, 33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $43.5M (up 50% year over year), 245% of net earnings. Non-cash charges added back $8.7M of depreciation and amortization. Working capital and other items added $17.0M. Capital expenditures of $2.4M left free cash flow of $41.1M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 27, 2026 | $150M | +5% | 17.1% | $17.8M | $43.5M |
| Q2 2026 | 10-Q | Jul 28, 2026 | $145M | +7% | 18.5% | $19.2M | $33.4M |
| Q1 2026 | 10-Q | Apr 29, 2026 | $139M | +11% | 15.8% | $17.2M | $17.3M |
| Q4 2025 | 10-K | Feb 24, 2026 | $137M | +8% | 16.5% | $19.7M | $29.2M |
| Q3 2025 | 10-Q | Oct 28, 2025 | $143M | +8% | 14.6% | $13.7M | $29.0M |
| Q2 2025 | 10-Q | Jul 24, 2025 | $135M | +4% | 16.8% | $18.5M | $28.4M |
| Q1 2025 | 10-Q | Apr 30, 2025 | $126M | 0% | 12.9% | $13.4M | $15.5M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- TM — 11% of its revenue · Stated in 10-K (XBRL) · source
- CMI — 8% of its revenue · Stated in 10-K (XBRL) · source
About CTS
CTS Corporation ("CTS", "we", "our", "us" or the "Company") is a global manufacturer of sensors, connectivity components, and actuators. CTS was established in 1896 as a provider of high-quality telephone products and was incorporated as an Indiana corporation in February 1929. Our principal executive offices are located in Lisle, Illinois. We design, manufacture, and sell a broad line of sensors, connectivity components, and actuators primarily to original equipment manufacturers ("OEMs"), tier one suppliers for the aerospace and defense, industrial, medical, and transportation markets, and the U.S. Government. Our vision is to be a leading provider of sensing and motion devices as well as connectivity components, enabling an intelligent and seamless world. These devices are categorized by their ability to Sense, Connect or Move.
In its own words, from its 10-K, filed Feb 24, 2026.
CTS against its Printed Circuit Boards peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +29%. Operating margin: 17.1% against the peers' median 6.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CTS CTS | Q3 2026 | $150M | +5% | 17.1% |
| JBL Jabil | Q4 FY26 | $10.6B | +29% | 5.7% |
| FLEX Flex | Q2 FY27 | $8.5B | +25% | 4.9% |
| CLS Celestica | Q3 2026 | $5.8B | +82% | 7.9% |
| SANM Sanmina | Q3 FY26 | $3.5B | +70% | 6.4% |
| PLXS Plexus | Q4 FY26 | $1.4B | +35% | 6.0% |
| TTMI TTM Technologies | Q3 2026 | $1.2B | +60% | 13.5% |
| BHE Benchmark Electronics | Q3 2026 | $811M | +19% | 3.8% |
| KE Kimball Electronics | Q1 FY27 | $391M | +7% | 3.2% |
Source: CTS 10-Q on SEC EDGAR · CIK 26058 · Printed Circuit Boards
Guidance and outlook
13F: who owns CTS and who is buying
More on CTS
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results