Filing Flows › Electromed (ELMD) › Q3 FY26
Electromed (ELMD) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 12, 2026
Electromed (ELMD) reported revenue of $18.6M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and -2% from the quarter before. Operating margin was 20.3%, net earnings $3.0M (16.2% of revenue).
Electromed, Q3 FY26: revenue $18.6M (+18% year over year), operating margin 20.3%, net earnings $3.0M, operating cash flow $3.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.6M | -2% | +18% |
| Gross profit | $14.6M | -1% | +20% |
| Operating profit | $3.8M | +4% | +76% |
| Net earnings | $3.0M | +9% | +59% |
| Operating cash flow | $3.5M | +15% | +68% |
| Free cash flow | $3.3M | +39% | +49% |
What changed
Revenue was $18.6M in Q3 FY26, up 18% year over year and down 2% from the previous quarter.
Gross margin was 78.8%, up 0.9 points from Q3 FY25. Operating profit was $3.8M, a 20.3% margin (up 6.6 points year over year). Of the extra revenue versus Q3 FY25, 56% reached operating profit, above the 14% margin then. Operating expenses grew 8% against revenue growth of 18%. The fastest-growing cost line was Research & development (+30%). Net earnings were $3.0M, up 59% year over year. The effective tax rate was 22.3%.
Operating cash flow was $3.5M (up 68% year over year), 116% of net earnings. Non-cash charges added back $287K of depreciation and amortization and $846K of share-based compensation. Working capital and other items used $660K. Capital expenditures of $147K left free cash flow of $3.3M.
Questions
What was Electromed's revenue in the third quarter fiscal 2026?
Electromed (ELMD) reported revenue of $18.6M for the third quarter fiscal 2026 (Q3 FY26), +18% from a year earlier and -2% from the quarter before.
Was Electromed profitable in the third quarter fiscal 2026?
Operating profit was $3.8M (20.3% of revenue) and net earnings $3.0M.
Source: Electromed 10-Q on SEC EDGAR.