Filing Flows › LEE Enterprises (LEE) › Q3 FY26
LEE Enterprises (LEE) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 7, 2026
LEE Enterprises (LEE) reported revenue of $126M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and +3% from the quarter before. Operating margin was 6.9%, net earnings $4.7M (3.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $126M | +3% | -11% |
| Operating profit | $8.6M | +1% | +85% |
| Net earnings | $4.7M | — | — |
| Operating cash flow | $7.9M | — | -11% |
| Free cash flow | $6.8M | — | -17% |
What changed
Revenue was $126.0M in Q3 FY26, down 11% year over year and up 3% from the previous quarter. Advertising and marketing services was the largest line at 47% of revenue. Advertising and marketing services lost $7.2M year over year (down 11%), 47% of the total change.
Operating profit was $8.6M, a 6.9% margin (up 3.6 points year over year). Total costs fell 14% while revenue fell 11%. Net earnings were $4.7M. The effective tax rate was 21.3%.
Operating cash flow was $7.9M (down 11% year over year), 153% of net income including minority interests. Non-cash charges added back $3.5M of depreciation and amortization and $181K of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $1.1M left free cash flow of $6.8M.
Questions
What was LEE Enterprises' revenue in the third quarter fiscal 2026?
LEE Enterprises (LEE) reported revenue of $126M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and +3% from the quarter before.
Was LEE Enterprises profitable in the third quarter fiscal 2026?
Operating profit was $8.6M (6.9% of revenue) and net earnings $4.7M.
Source: LEE Enterprises 10-Q on SEC EDGAR.