Filing Flows › CTS (CTS) › Q3 2026
CTS (CTS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
CTS (CTS) reported revenue of $150M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +3% from the quarter before. Operating margin was 17.1%, net earnings $17.8M (11.9% of revenue).
CTS, Q3 2026: revenue $150M (+5% year over year), operating margin 17.1%, net earnings $17.8M, operating cash flow $43.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $150M | +3% | +5% |
| Gross profit | $63.2M | +5% | +14% |
| Operating profit | $25.5M | -5% | +22% |
| Net earnings | $17.8M | -7% | +30% |
| Operating cash flow | $43.5M | +30% | +50% |
| Free cash flow | $41.1M | +43% | +70% |
What changed
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.
Questions
What was CTS' revenue in the third quarter 2026?
CTS (CTS) reported revenue of $150M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +3% from the quarter before.
Was CTS profitable in the third quarter 2026?
Operating profit was $25.5M (17.1% of revenue) and net earnings $17.8M.
Source: CTS 10-Q on SEC EDGAR.