Filing Flows › HMH Holding (HMH) › Q3 2026
HMH Holding (HMH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
HMH Holding (HMH) reported revenue of $171M for the third quarter 2026 (Q3 2026), -21% from a year earlier and +0.2% from the quarter before. Operating margin was 12.8%, net earnings $5.0M (2.9% of revenue).
HMH Holding, Q3 2026: revenue $171M (-21% year over year), operating margin 12.8%, net earnings $5.0M, operating cash flow −$6.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $171M | +0.2% | -21% |
| Operating profit | $21.8M | — | -23% |
| Net earnings | $5.0M | +0.1% | -69% |
| Operating cash flow | −$6.2M | — | — |
What changed
Revenue was $171.1M in Q3 2026, down 21% year over year and roughly flat from the previous quarter. Service revenue was the largest line at 57% of revenue. Sale of products lost $30.4M year over year (down 80%), 66% of the total change.
Operating profit was $21.8M, a 12.8% margin (down 0.2 points year over year). Total costs fell 21% while revenue fell 21%. The fastest-growing cost line was Research & development (+127%). Net earnings were $5.0M, down 69% year over year. The effective tax rate was 41.0%.
Operating cash flow was −$6.2M. Non-cash charges added back $10.6M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $29.5M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$7.9M.
Questions
What was HMH Holding's revenue in the third quarter 2026?
HMH Holding (HMH) reported revenue of $171M for the third quarter 2026 (Q3 2026), -21% from a year earlier and +0.2% from the quarter before.
Was HMH Holding profitable in the third quarter 2026?
Operating profit was $21.8M (12.8% of revenue) and net earnings $5.0M.
Source: HMH Holding 10-Q on SEC EDGAR.