Filing Flows › Greif (GEF) › Q3 FY26 › vs Q3 FY25
Greif (GEF) Q3 FY26 vs Q3 FY25 (year over year)
Greif's revenue rose $39.7M (+4%) from $1.1B in Q3 FY25 to $1.2B in Q3 FY26. The biggest changes: Customized Polymer Solutions +$45.9M (+14%); Sustainable Fiber Solutions −$24.2M (-7%); Durable Metal Solutions +$13.3M (+3%). Gross margin 23.4% against 22.7% (+0.6 pts).
Greif, Q3 FY26: revenue $1.2B (+4% year over year), operating margin 9.3%, net earnings $77.8M, operating cash flow $77.8M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 23.4% | 22.7% | +0.6 pts |
| Operating margin | 9.3% | 5.7% | +3.6 pts |
| Net margin | 6.7% | 4.9% | +1.8 pts |
| Free cash flow margin | 4.2% | 12.0% | -7.8 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Durable Metal Solutions | $406M | $392M | $13.3M | +3% |
| Customized Polymer Solutions | $384M | $338M | $45.9M | +14% |
| Sustainable Fiber Solutions | $346M | $371M | −$24.2M | -7% |
| Innovative Closure Solutions | $29.7M | $25.0M | $4.7M | +19% |
| Revenue | $1.2B | $1.1B | $39.7M | +4% |
| Gross profit | $273M | $256M | $16.6M | +6% |
| Cost of revenue | $893M | $870M | $23.1M | +3% |
| Operating profit | $108M | $63.7M | $44.2M | +69% |
| Operating expenses | $165M | $192M | −$27.6M | -14% |
| Pre-tax earnings | $99.5M | $71.0M | $28.5M | +40% |
| Other expense, net | $8.4M | −$7.3M | $15.7M | — |
| SG&A | $150M | $168M | −$18.8M | -11% |
| Other operating costs | $15.2M | $24.0M | −$8.8M | -37% |
| Net earnings | $77.8M | $54.8M | $23.0M | +42% |
| Minority interests | $3.8M | $6.2M | −$2.4M | -39% |
| Income tax | $17.9M | $10.0M | $7.9M | +79% |
| Depreciation & amortization | $57.4M | $67.0M | −$9.6M | -14% |
| Working capital & other | $57.4M | −$25.3M | $82.7M | — |
| Operating cash flow | $77.8M | $147M | −$69.3M | -47% |
| Free cash flow (OCF − capex) | $49.1M | $136M | −$86.4M | -64% |
| Capital expenditures | $28.7M | $11.6M | $17.1M | +147% |
Questions
How much did Greif's revenue grow year over year in Q3 FY26?
Greif's revenue rose $39.7M (+4%) from $1.1B in Q3 FY25 to $1.2B in Q3 FY26.
What drove Greif's revenue change in Q3 FY26?
Customized Polymer Solutions +$45.9M (+14%); Sustainable Fiber Solutions −$24.2M (-7%); Durable Metal Solutions +$13.3M (+3%).