Filing Flows › German American Bancorp (GABC) › Q3 2026
German American Bancorp (GABC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
German American Bancorp (GABC) reported revenue of $130M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +2% from the quarter before. Operating margin was 37.5%, net earnings $38.6M (29.8% of revenue).
German American Bancorp, Q3 2026: revenue $130M (+2% year over year), operating margin 37.5%, net earnings $38.6M, operating cash flow $33.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $130M | +2% | +2% |
| Operating profit | $48.6M | +1% | +11% |
| Net earnings | $38.6M | +1% | +10% |
| Operating cash flow | $33.3M | -43% | -36% |
| Free cash flow | $31.4M | -43% | -37% |
What changed
Revenue was $129.5M in Q3 2026, up 2% year over year and up 2% from the previous quarter.
Operating profit was $48.6M, a 37.5% margin (up 2.9 points year over year). Of the extra revenue versus Q3 2025, 161% reached operating profit, above the 35% margin then. Total costs fell 2% while revenue rose 2%. The fastest-growing cost line was Sales & marketing (+31%). Net earnings were $38.6M, up 10% year over year. The effective tax rate was 20.5%.
Operating cash flow was $33.3M (down 36% year over year), 86% of net earnings. Non-cash charges added back $4.7M of depreciation and amortization and $854K of share-based compensation. Working capital and other items used $10.9M. Capital expenditures of $1.8M left free cash flow of $31.4M.
Questions
What was German American Bancorp's revenue in the third quarter 2026?
German American Bancorp (GABC) reported revenue of $130M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +2% from the quarter before.
Was German American Bancorp profitable in the third quarter 2026?
Operating profit was $48.6M (37.5% of revenue) and net earnings $38.6M.