Filing Flows › Foster L B (FSTR) › Q3 2026
Foster L B (FSTR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Foster L B (FSTR) reported revenue of $168M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +21% from the quarter before. Operating margin was 6.0%, net earnings $6.8M (4.0% of revenue).
Foster L B, Q3 2026: revenue $168M (+22% year over year), operating margin 6.0%, net earnings $6.8M, operating cash flow $23.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $168M | +21% | +21% |
| Gross profit | $34.4M | +12% | +11% |
| Operating profit | $10.1M | +64% | +22% |
| Net earnings | $6.8M | +117% | +56% |
| Operating cash flow | $23.6M | +32% | -19% |
| Free cash flow | $20.8M | — | -21% |
What changed
Revenue was $168.0M in Q3 2026, up 21% year over year and up 21% from the previous quarter. Rail, Technologies, and Services was the largest line at 61% of revenue. Rail, Technologies, and Services added $25.1M year over year (up 32%), 85% of the total change.
Gross margin was 20.5%, down 2.0 points from Q3 2025. Operating profit was $10.1M, a 6.0% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, above the 6% margin then. Operating expenses grew 7% against revenue growth of 21%. Net earnings were $6.8M, up 55% year over year. The effective tax rate was 27.3%.
Operating cash flow was $23.6M (down 19% year over year), 348% of net earnings. Non-cash charges added back $2.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $12.7M. After capital expenditures on property, plant, and equipment ($2.7M), free cash flow as the company reports it was $20.8M.
Questions
What was Foster L B's revenue in the third quarter 2026?
Foster L B (FSTR) reported revenue of $168M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +21% from the quarter before.
Was Foster L B profitable in the third quarter 2026?
Operating profit was $10.1M (6.0% of revenue) and net earnings $6.8M.
Source: Foster L B 10-Q on SEC EDGAR.