Filing Flows › Gatx (GATX) › Q3 2026 › vs Q2 2026
Gatx (GATX) Q3 2026 vs Q2 2026 (quarter over quarter)
Gatx's revenue rose $17.9M (+3%) from $580M in Q2 2026 to $598M in Q3 2026. The biggest changes: Rail North America +$13.0M (+3%); Rail International +$2.9M (+3%); Engine Leasing +$1.6M (+5%). Operating margin 32.2% against 27.7% (+4.5 pts).
Gatx, Q3 2026: revenue $598M (+36% year over year), operating margin 32.2%, net earnings $105M, operating cash flow $244M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 32.2% | 27.7% | +4.5 pts |
| Net margin | 17.6% | 17.8% | -0.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Rail North America | $448M | $435M | $13.0M | +3% |
| Rail International | $108M | $106M | $2.9M | +3% |
| Engine Leasing | $31.0M | $29.4M | $1.6M | +5% |
| Other | $10.5M | $10.1M | $400K | +4% |
| Revenue | $598M | $580M | $17.9M | +3% |
| Operating profit | $192M | $160M | $32.0M | +20% |
| Costs & expenses | $406M | $420M | −$14.1M | -3% |
| Pre-tax earnings | $134M | $137M | −$3.1M | -2% |
| Other expense, net | $58.5M | $23.4M | $35.1M | +150% |
| SG&A | $64.5M | $69.2M | −$4.7M | -7% |
| Other operating costs | $341M | $350M | −$9.4M | -3% |
| Net earnings | $105M | $103M | $1.8M | +2% |
| Minority interests | $2.0M | $7.6M | −$5.6M | -74% |
| Income tax | $26.7M | $26.0M | $700K | +3% |
| Depreciation | $172M | $172M | −$700K | -0.4% |
| Share-based compensation | $5.3M | $6.1M | −$800K | -13% |
| Working capital & other | $37.9M | $5.6M | $32.3M | +577% |
| Operating cash flow | $244M | $276M | −$32.0M | -12% |
Questions
How much did Gatx's revenue grow quarter over quarter in Q3 2026?
Gatx's revenue rose $17.9M (+3%) from $580M in Q2 2026 to $598M in Q3 2026.
What drove Gatx's revenue change in Q3 2026?
Rail North America +$13.0M (+3%); Rail International +$2.9M (+3%); Engine Leasing +$1.6M (+5%).