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Filing Flows › Eastman Chemical (EMN) › Q3 2026 › vs Q2 2026

Eastman Chemical (EMN) Q3 2026 vs Q2 2026 (quarter over quarter)

Eastman Chemical's revenue fell $128M (-5%) from $2.5B in Q2 2026 to $2.4B in Q3 2026. Gross margin 22.3% against 22.3% (+0.0 pts).

Eastman Chemical, Q3 2026: revenue $2.4B (+8% year over year), operating margin 10.4%, net earnings $253M, operating cash flow $290M. The chart draws each line against Q2 2026, the increases inside each band.

Eastman Chemical: what changed, Q3 2026 vs Q2 2026Eastman Chemical: what changed, Q3 2026 vs Q2 2026Cost of revenue−$100MIncome tax benefit$76.0MFree cash flow (OCF − capex)$71.0MNet earnings$69.0MOperating cash flow$66.0MGross profit−$28.0MOperating expenses−$21.0MSG&A−$14.0MOperating profit−$7.0MPre-tax earnings−$7.0M

Margins

Q3 2026Q2 2026Change
Gross margin22.3%22.3%+0.0 pts
Operating margin10.4%10.2%+0.3 pts
Net margin10.6%7.3%+3.3 pts
Free cash flow margin8.2%4.9%+3.2 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$2.4B$2.5B−$128M-5%
Gross profit$532M$560M−$28.0M-5%
Cost of revenue$1.9B$2.0B−$100M-5%
Operating profit$249M$256M−$7.0M-3%
Operating expenses$283M$304M−$21.0M-7%
Pre-tax earnings$249M$256M−$7.0M-3%
Research & development$63.0M$65.0M−$2.0M-3%
SG&A$171M$185M−$14.0M-8%
Other operating costs$49.0M$54.0M−$5.0M-9%
Income tax benefit$4.0M−$72.0M$76.0M—
Net earnings$253M$184M$69.0M+38%
Depreciation & amortization$134M$132M$2.0M+2%
Share-based compensation$16.0M$19.0M−$3.0M-16%
Working capital & other$113M$111M$2.0M+2%
Operating cash flow$290M$224M$66.0M+29%
Free cash flow (OCF − capex)$195M$124M$71.0M+57%
Capital expenditures$95.0M$100M−$5.0M-5%

Questions

How much did Eastman Chemical's revenue grow quarter over quarter in Q3 2026?

Eastman Chemical's revenue fell $128M (-5%) from $2.5B in Q2 2026 to $2.4B in Q3 2026. Gross margin 22.3% against 22.3% (+0.0 pts).

Q3 2026 results → · Compare in the interactive Sankey →