Filing Flows › Eagle Materials (EXP) › Q3 FY26
Eagle Materials (EXP) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jan 29, 2026
Eagle Materials (EXP) reported revenue of $556M for the third quarter fiscal 2026 (Q3 FY26), -0.4% from a year earlier and -13% from the quarter before. Operating margin was 23.2%, net earnings $103M (18.5% of revenue).
Eagle Materials, Q3 FY26: revenue $556M (-0.4% year over year), operating margin 23.2%, net earnings $103M, operating cash flow $171M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $556M | -13% | -0.4% |
| Gross profit | $161M | -19% | -10% |
| Operating profit | $129M | -27% | -29% |
| Net earnings | $103M | -25% | -14% |
| Operating cash flow | $171M | -17% | +42% |
| Free cash flow | $60.8M | -37% | -16% |
What changed
Revenue was $556.0M in Q3 FY26, roughly flat year over year and down 13% from the previous quarter.
Gross margin was 28.9%, down 2.9 points from a year earlier. Operating profit was $129.2M, a 23.2% margin (down 9.5 points year over year). Net earnings were $102.9M, down 14% year over year. The effective tax rate was 20.4%.
Operating cash flow was $170.8M (up 42% year over year), 166% of net earnings. Non-cash charges added back $41.6M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $20.8M. Capital expenditures of $110.0M left free cash flow of $60.8M.
Questions
What was Eagle Materials' revenue in the third quarter fiscal 2026?
Eagle Materials (EXP) reported revenue of $556M for the third quarter fiscal 2026 (Q3 FY26), -0.4% from a year earlier and -13% from the quarter before.
Was Eagle Materials profitable in the third quarter fiscal 2026?
Operating profit was $129M (23.2% of revenue) and net earnings $103M.
Source: Eagle Materials 10-Q on SEC EDGAR.