Filing Flows › Eaton (ETN) › Q3 2026 › vs Q2 2026
Eaton (ETN) Q3 2026 vs Q2 2026 (quarter over quarter)
Eaton's revenue rose $416M (+5%) from $8.5B in Q2 2026 to $8.9B in Q3 2026. The biggest changes: Electrical Americas +$221M (+6%); Electrical Global +$210M (+8%); Aerospace −$26.0M (-2%). Operating margin 15.3% against 13.4% (+1.9 pts).
Eaton, Q3 2026: revenue $8.9B (+28% year over year), operating margin 15.3%, net earnings $1.1B, operating cash flow $1.3B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.3% | 13.4% | +1.9 pts |
| Net margin | 12.1% | 9.6% | +2.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Electrical Americas | $4.2B | $4.0B | $221M | +6% |
| Electrical Global | $2.7B | $2.5B | $210M | +8% |
| Aerospace | $1.2B | $1.2B | −$26.0M | -2% |
| Mobility | $852M | $841M | $11.0M | +1% |
| Revenue | $8.9B | $8.5B | $416M | +5% |
| Operating profit | $1.4B | $1.1B | $226M | +20% |
| Costs & expenses | $7.6B | $7.4B | $190M | +3% |
| Pre-tax earnings | $1.4B | $1.1B | $226M | +20% |
| Cost of revenue | $5.8B | $5.7B | $166M | +3% |
| Research & development | $238M | $227M | $11.0M | +5% |
| SG&A | $1.3B | $1.2B | $42.0M | +3% |
| Other operating costs | $219M | $248M | −$29.0M | -12% |
| Net earnings | $1.1B | $823M | $256M | +31% |
| Income tax | $291M | $321M | −$30.0M | -9% |
| Depreciation & amortization | $464M | $399M | $65.0M | +16% |
| Working capital & other | $234M | $95.0M | $139M | +146% |
| Operating cash flow | $1.3B | $1.1B | $182M | +16% |
Questions
How much did Eaton's revenue grow quarter over quarter in Q3 2026?
Eaton's revenue rose $416M (+5%) from $8.5B in Q2 2026 to $8.9B in Q3 2026.
What drove Eaton's revenue change in Q3 2026?
Electrical Americas +$221M (+6%); Electrical Global +$210M (+8%); Aerospace −$26.0M (-2%).