Filing Flows › Global Industrial (GIC) › Q3 2026 › vs Q2 2026
Global Industrial (GIC) Q3 2026 vs Q2 2026 (quarter over quarter)
Global Industrial's revenue rose $2.9M (+0.8%) from $387M in Q2 2026 to $390M in Q3 2026. Gross margin 35.7% against 40.2% (-4.5 pts).
Global Industrial, Q3 2026: revenue $390M (+10% year over year), operating margin 8.4%, net earnings $24.6M, operating cash flow $44.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 35.7% | 40.2% | -4.5 pts |
| Operating margin | 8.4% | 12.8% | -4.4 pts |
| Net margin | 6.3% | 9.6% | -3.3 pts |
| Free cash flow margin | 11.1% | 10.5% | +0.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $390M | $387M | $2.9M | +0.8% |
| Gross profit | $139M | $155M | −$16.5M | -11% |
| Cost of revenue | $251M | $231M | $19.4M | +8% |
| Operating profit | $32.7M | $49.3M | −$16.6M | -34% |
| Operating expenses | $106M | $106M | $100K | +0.1% |
| Pre-tax earnings | $33.2M | $50.3M | −$17.1M | -34% |
| Net earnings | $24.6M | $37.1M | −$12.5M | -34% |
| Income tax | $8.6M | $13.2M | −$4.6M | -35% |
| Depreciation & amortization | $2.0M | $2.0M | $0 | 0% |
| Share-based compensation | $1.8M | $1.7M | $100K | +6% |
| Working capital & other | $15.9M | $600K | $15.3M | 26× |
| Operating cash flow | $44.3M | $41.4M | $2.9M | +7% |
| Free cash flow (OCF − capex) | $43.3M | $40.5M | $2.8M | +7% |
| Capital expenditures | $1.0M | $900K | $100K | +11% |
Questions
How much did Global Industrial's revenue grow quarter over quarter in Q3 2026?
Global Industrial's revenue rose $2.9M (+0.8%) from $387M in Q2 2026 to $390M in Q3 2026. Gross margin 35.7% against 40.2% (-4.5 pts).