Filing Flows › Ecolab (ECL) › Q3 2026 › vs Q3 2025
Ecolab (ECL) Q3 2026 vs Q3 2025 (year over year)
Ecolab's revenue rose $530M (+13%) from $4.2B in Q3 2025 to $4.7B in Q3 2026. The biggest changes: Global Water +$426M (+21%); Global Institutional & Specialty +$42.6M (+3%); Global Pest Elimination +$31.8M (+10%). Operating margin 17.3% against 18.3% (-1.0 pts).
Ecolab, Q3 2026: revenue $4.7B (+13% year over year), operating margin 17.3%, net earnings $551M, operating cash flow $764M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.3% | 18.3% | -1.0 pts |
| Net margin | 11.7% | 14.0% | -2.3 pts |
| Free cash flow margin | 9.6% | 12.7% | -3.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Global Water | $2.5B | $2.1B | $426M | +21% |
| Global Institutional & Specialty | $1.6B | $1.6B | $42.6M | +3% |
| Global Pest Elimination | $364M | $332M | $31.8M | +10% |
| Global Life Sciences | $214M | $185M | $29.2M | +16% |
| Revenue | $4.7B | $4.2B | $530M | +13% |
| Operating profit | $810M | $760M | $50.3M | +7% |
| Costs & expenses | $3.9B | $3.4B | $480M | +14% |
| Pre-tax earnings | $694M | $718M | −$23.2M | -3% |
| Other expense, net | $116M | $42.5M | $73.5M | +173% |
| Cost of revenue | $2.6B | $2.3B | $326M | +14% |
| SG&A | $1.2B | $1.1B | $98.2M | +9% |
| Other operating costs | $81.4M | $26.2M | $55.2M | +211% |
| Net earnings | $551M | $585M | −$33.7M | -6% |
| Minority interests | $3.1M | $4.7M | −$1.6M | -34% |
| Income tax | $140M | $128M | $12.1M | +9% |
| Depreciation & amortization | $287M | $242M | $44.8M | +18% |
| Share-based compensation | $40.9M | $33.6M | $7.3M | +22% |
| Working capital & other | $116M | $69.8M | $46.0M | +66% |
| Operating cash flow | $764M | $791M | −$27.6M | -3% |
| Free cash flow (OCF − capex) | $450M | $530M | −$79.4M | -15% |
| Capital expenditures | $313M | $262M | $51.8M | +20% |
Questions
How much did Ecolab's revenue grow year over year in Q3 2026?
Ecolab's revenue rose $530M (+13%) from $4.2B in Q3 2025 to $4.7B in Q3 2026.
What drove Ecolab's revenue change in Q3 2026?
Global Water +$426M (+21%); Global Institutional & Specialty +$42.6M (+3%); Global Pest Elimination +$31.8M (+10%).