Filing Flows › National Beverage (FIZZ) › Q3 FY26
National Beverage (FIZZ) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 12, 2026
National Beverage (FIZZ) reported revenue of $265M for the third quarter fiscal 2026 (Q3 FY26), -0.9% from a year earlier and -8% from the quarter before. Operating margin was 19.3%, net earnings $41.2M (15.6% of revenue).
National Beverage, Q3 FY26: revenue $265M (-0.9% year over year), operating margin 19.3%, net earnings $41.2M, operating cash flow $50.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $265M | -8% | -0.9% |
| Gross profit | $99.6M | -9% | +0.7% |
| Operating profit | $51.1M | -12% | +1% |
| Net earnings | $41.2M | -11% | +4% |
| Operating cash flow | $50.9M | +98% | +9% |
| Free cash flow | $44.6M | +124% | +23% |
What changed
Revenue was $264.6M in Q3 FY26, down 1% year over year and down 8% from the previous quarter.
Gross margin was 37.6%, up 0.6 points from Q3 FY25. Operating profit was $51.1M, a 19.3% margin (up 0.4 points year over year). Operating expenses grew 0% against a revenue fall of 1%. Net earnings were $41.2M, up 4% year over year. The effective tax rate was 23.6%.
Operating cash flow was $50.9M (up 9% year over year), 124% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $96K of share-based compensation. Working capital and other items added $4.0M. Capital expenditures of $6.3M left free cash flow of $44.6M.
Questions
What was National Beverage's revenue in the third quarter fiscal 2026?
National Beverage (FIZZ) reported revenue of $265M for the third quarter fiscal 2026 (Q3 FY26), -0.9% from a year earlier and -8% from the quarter before.
Was National Beverage profitable in the third quarter fiscal 2026?
Operating profit was $51.1M (19.3% of revenue) and net earnings $41.2M.
Source: National Beverage 10-Q on SEC EDGAR.