Filing Flows › Elmet Group (ELMT) › Q3 2026
Elmet Group (ELMT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Elmet Group (ELMT) reported revenue of $79.6M for the third quarter 2026 (Q3 2026), +56% from a year earlier and +20% from the quarter before. Operating margin was 15.1%, net earnings $8.3M (10.4% of revenue).
Elmet Group, Q3 2026: revenue $79.6M (+56% year over year), operating margin 15.1%, net earnings $8.3M, operating cash flow −$53.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $79.6M | +20% | +56% |
| Gross profit | $24.9M | +50% | +124% |
| Operating profit | $12.0M | — | +251% |
| Net earnings | $8.3M | — | +428% |
| Operating cash flow | −$53.2M | — | — |
What changed
Revenue was $79.6M in Q3 2026, up 56% year over year and up 20% from the previous quarter.
Gross margin was 31.3%, up 9.6 points from a year earlier. Operating profit was $12.0M, a 15.1% margin (up 8.4 points year over year). Of the extra revenue versus a year earlier, 30% reached operating profit, above the 7% margin then. Operating expenses grew 68% against revenue growth of 56%. The fastest-growing cost line was Sales & marketing (+81%). Net earnings were $8.3M, up 428% year over year. The effective tax rate was 39.9%.
Operating cash flow was −$53.2M. Non-cash charges added back $1.9M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $65.4M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$54.8M.
Questions
What was Elmet Group's revenue in the third quarter 2026?
Elmet Group (ELMT) reported revenue of $79.6M for the third quarter 2026 (Q3 2026), +56% from a year earlier and +20% from the quarter before.
Was Elmet Group profitable in the third quarter 2026?
Operating profit was $12.0M (15.1% of revenue) and net earnings $8.3M.
Source: Elmet Group 10-Q on SEC EDGAR.