Filing Flows › Eaton (ETN) › Q3 2026 › vs Q3 2025
Eaton (ETN) Q3 2026 vs Q3 2025 (year over year)
Eaton's revenue rose $2.0B (+28%) from $7.0B in Q3 2025 to $8.9B in Q3 2026. The biggest changes: Electrical Global +$1.0B (+58%); Electrical Americas +$762M (+22%); Aerospace +$117M (+11%). Operating margin 15.3% against 18.2% (-2.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.3% | 18.2% | -2.9 pts |
| Net margin | 12.1% | 14.5% | -2.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Electrical Americas | $4.2B | $3.4B | $762M | +22% |
| Electrical Global | $2.7B | $1.7B | $1.0B | +58% |
| Aerospace | $1.2B | $1.1B | $117M | +11% |
| Mobility | $852M | $775M | $77.0M | +10% |
| Revenue | $8.9B | $7.0B | $2.0B | +28% |
| Operating profit | $1.4B | $1.3B | $95.0M | +7% |
| Costs & expenses | $7.6B | $5.7B | $1.9B | +33% |
| Pre-tax earnings | $1.4B | $1.3B | $95.0M | +7% |
| Cost of revenue | $5.8B | $4.3B | $1.5B | +35% |
| Research & development | $238M | $203M | $35.0M | +17% |
| SG&A | $1.3B | $1.1B | $173M | +16% |
| Other operating costs | $219M | $92.0M | $127M | +138% |
| Net earnings | $1.1B | $1.0B | $69.0M | +7% |
| Income tax | $291M | $264M | $27.0M | +10% |
| Depreciation & amortization | $464M | $258M | $206M | +80% |
| Working capital & other | $234M | −$83.0M | $317M | — |
| Operating cash flow | $1.3B | $1.4B | −$42.0M | -3% |
Questions
How much did Eaton's revenue grow year over year in Q3 2026?
Eaton's revenue rose $2.0B (+28%) from $7.0B in Q3 2025 to $8.9B in Q3 2026.
What drove Eaton's revenue change in Q3 2026?
Electrical Global +$1.0B (+58%); Electrical Americas +$762M (+22%); Aerospace +$117M (+11%).