Filing Flows › Kestrel Group (KG) › Q3 2026
Kestrel Group (KG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Kestrel Group (KG) reported revenue of $4.8M for the third quarter 2026 (Q3 2026), -73% from a year earlier and -29% from the quarter before. Operating margin was -343.1%, net loss $16.4M (343.4% of revenue).
Kestrel Group, Q3 2026: revenue $4.8M (-73% year over year), operating margin -343.1%, net loss $16.4M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8M | -29% | -73% |
| Operating profit | −$16.3M | — | — |
| Net earnings | −$16.4M | — | — |
| Operating cash flow | $1.6M | — | — |
What changed
Revenue was $4.8M in Q3 2026, down 73% year over year and down 29% from the previous quarter.
Operating costs exceeded revenue by $16.3M, an operating margin of -343.1%. Total costs fell 7% while revenue fell 73%. The quarter ended with a net loss of $16.4M, wider than the previous quarter's $8.1M loss.
Operating cash flow was $1.6M. Non-cash charges added back $1.6M of share-based compensation. Working capital and other items added $16.4M.
Questions
What was Kestrel Group's revenue in the third quarter 2026?
Kestrel Group (KG) reported revenue of $4.8M for the third quarter 2026 (Q3 2026), -73% from a year earlier and -29% from the quarter before.
Was Kestrel Group profitable in the third quarter 2026?
Operating loss was $16.3M (-343.1% of revenue) and net loss $16.4M.
Source: Kestrel Group 10-Q on SEC EDGAR.