Filing Flows › Donnelley Financial Solutions (DFIN) › Q3 2026 › vs Q2 2026
Donnelley Financial Solutions (DFIN) Q3 2026 vs Q2 2026 (quarter over quarter)
Donnelley Financial Solutions's revenue fell $39.2M (-17%) from $224M in Q2 2026 to $185M in Q3 2026. The biggest changes: Capital Markets Compliance and Communications Management −$34.0M (-35%); Investment Companies Software Solutions −$2.6M (-8%); Capital Markets Software Solutions −$1.6M (-2%). Operating margin 17.6% against 25.0% (-7.4 pts).
Donnelley Financial Solutions, Q3 2026: revenue $185M (+6% year over year), operating margin 17.6%, net earnings $21.3M, operating cash flow $98.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 17.6% | 25.0% | -7.4 pts |
| Net margin | 11.5% | 16.2% | -4.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Capital Markets Software Solutions | $64.1M | $65.7M | −$1.6M | -2% |
| Capital Markets Compliance and Communications Management | $61.9M | $95.9M | −$34.0M | -35% |
| Investment Companies Software Solutions | $31.1M | $33.7M | −$2.6M | -8% |
| Investment Companies Compliance and Communications Management | $27.9M | $28.9M | −$1.0M | -3% |
| Revenue | $185M | $224M | −$39.2M | -17% |
| Operating profit | $32.6M | $56.0M | −$23.4M | -42% |
| Costs & expenses | $152M | $168M | −$15.8M | -9% |
| Pre-tax earnings | $29.8M | $52.1M | −$22.3M | -43% |
| Other expense, net | $2.8M | $3.9M | −$1.1M | -28% |
| Cost of revenue | $65.2M | $76.2M | −$11.0M | -14% |
| SG&A | $72.9M | $74.7M | −$1.8M | -2% |
| Other operating costs | $14.3M | $17.3M | −$3.0M | -17% |
| Net earnings | $21.3M | $36.4M | −$15.1M | -41% |
| Income tax | $8.5M | $15.7M | −$7.2M | -46% |
| Depreciation & amortization | $14.3M | $15.0M | −$700K | -5% |
| Share-based compensation | $7.5M | $9.3M | −$1.8M | -19% |
| Working capital & other | $55.1M | $14.0M | $41.1M | +294% |
| Operating cash flow | $98.2M | $74.7M | $23.5M | +31% |
Questions
How much did Donnelley Financial Solutions's revenue grow quarter over quarter in Q3 2026?
Donnelley Financial Solutions's revenue fell $39.2M (-17%) from $224M in Q2 2026 to $185M in Q3 2026.
What drove Donnelley Financial Solutions's revenue change in Q3 2026?
Capital Markets Compliance and Communications Management −$34.0M (-35%); Investment Companies Software Solutions −$2.6M (-8%); Capital Markets Software Solutions −$1.6M (-2%).