Filing Flows › Primis Financial (FRST) › Q3 2026
Primis Financial (FRST) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Primis Financial (FRST) reported revenue of $49.2M for the third quarter 2026 (Q3 2026), +20% from a year earlier and -12% from the quarter before. Operating margin was 22.2%, net earnings $8.7M (17.6% of revenue).
Primis Financial, Q3 2026: revenue $49.2M (+20% year over year), operating margin 22.2%, net earnings $8.7M, operating cash flow $79.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $49.2M | -12% | +20% |
| Operating profit | $10.9M | -10% | +25% |
| Net earnings | $8.7M | -8% | +27% |
| Operating cash flow | $79.1M | — | — |
| Free cash flow | $78.8M | — | — |
What changed
Revenue was $49.2M in Q3 2026, up 20% year over year and down 12% from the previous quarter. Net interest income was the largest line at 74% of revenue. Net interest income added $7.3M year over year (up 25%), 88% of the total change.
Operating profit was $10.9M, a 22.2% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 21% margin then. Total costs grew 19% against revenue growth of 20%. Net earnings were $8.7M, up 27% year over year. The effective tax rate was 20.6%.
Operating cash flow was $79.1M, 912% of net earnings. Non-cash charges added back $294K of share-based compensation. Working capital and other items added $70.1M. Capital expenditures of $302K left free cash flow of $78.8M.
Questions
What was Primis Financial's revenue in the third quarter 2026?
Primis Financial (FRST) reported revenue of $49.2M for the third quarter 2026 (Q3 2026), +20% from a year earlier and -12% from the quarter before.
Was Primis Financial profitable in the third quarter 2026?
Operating profit was $10.9M (22.2% of revenue) and net earnings $8.7M.
Source: Primis Financial 10-Q on SEC EDGAR.