Filing Flows › LEE Enterprises (LEE) › Q3 FY26 › vs Q2 FY26
LEE Enterprises (LEE) Q3 FY26 vs Q2 FY26 (quarter over quarter)
LEE Enterprises's revenue rose $4.0M (+3%) from $122M in Q2 FY26 to $126M in Q3 FY26. The biggest changes: Advertising and marketing services +$4.4M (+8%); Subscription −$434K (-0.8%); Other +$83K (+0.7%). Operating margin 6.9% against 7.0% (-0.2 pts).
LEE Enterprises, Q3 FY26: revenue $126M (-11% year over year), operating margin 6.9%, net earnings $4.7M, operating cash flow $7.9M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 6.9% | 7.0% | -0.2 pts |
| Net margin | 3.7% | -1.8% | +5.5 pts |
| Free cash flow margin | 5.4% | -5.6% | +11.0 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Advertising and marketing services | $59.3M | $55.0M | $4.4M | +8% |
| Subscription | $54.7M | $55.2M | −$434K | -0.8% |
| Other | $11.9M | $11.8M | $83K | +0.7% |
| Revenue | $126M | $122M | $4.0M | +3% |
| Operating profit | $8.6M | $8.5M | $90K | +1% |
| Costs & expenses | $117M | $113M | $3.9M | +3% |
| Pre-tax earnings | $6.6M | $1.7M | $4.8M | +278% |
| Other expense, net | $2.1M | $6.8M | −$4.7M | -70% |
| Net earnings | $4.7M | −$2.1M | $6.8M | — |
| Minority interests | $498K | $439K | $59K | +13% |
| Income tax | $1.4M | $3.4M | −$2.0M | -59% |
| Depreciation & amortization | $3.5M | $3.5M | $12K | +0.3% |
| Share-based compensation | $181K | $213K | −$32K | -15% |
| Working capital & other | $468K | $7.8M | −$7.4M | -94% |
| Operating cash flow | $7.9M | −$6.2M | $14.2M | — |
| Free cash flow (OCF − capex) | $6.8M | −$6.8M | $13.7M | — |
| Capital expenditures | $1.1M | $577K | $495K | +86% |
Questions
How much did LEE Enterprises's revenue grow quarter over quarter in Q3 FY26?
LEE Enterprises's revenue rose $4.0M (+3%) from $122M in Q2 FY26 to $126M in Q3 FY26.
What drove LEE Enterprises's revenue change in Q3 FY26?
Advertising and marketing services +$4.4M (+8%); Subscription −$434K (-0.8%); Other +$83K (+0.7%).