Filing Flows › Matson (MATX) › Q3 2026
Matson (MATX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Matson (MATX) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +27% from a year earlier and +15% from the quarter before. Operating margin was 22.9%, net earnings $209M (18.8% of revenue).
Matson, Q3 2026: revenue $1.1B (+26% year over year), operating margin 22.9%, net earnings $209M, operating cash flow $229M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +15% | +27% |
| Operating profit | $255M | +61% | +59% |
| Net earnings | $209M | +62% | +55% |
| Operating cash flow | $229M | +66% | +30% |
| Free cash flow | $176M | — | +91% |
What changed
Revenue was $1.1B in Q3 2026, up 27% year over year and up 15% from the previous quarter. Ocean Transportation was the largest line at 80% of revenue. Ocean Transportation added $0.17B year over year (up 24%), 74% of the total change.
Operating profit was $0.26B, a 22.9% margin (up 4.6 points year over year). Of the extra revenue versus Q3 2025, 40% reached operating profit, above the 18% margin then. Total costs grew 19% against revenue growth of 27%. The fastest-growing cost line was General & admin (+22%). Net earnings were $0.21B, up 55% year over year. The effective tax rate was 20.5%.
Operating cash flow was $0.23B (up 30% year over year), 109% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.05B left free cash flow of $0.18B.
Questions
What was Matson's revenue in the third quarter 2026?
Matson (MATX) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +27% from a year earlier and +15% from the quarter before.
Was Matson profitable in the third quarter 2026?
Operating profit was $255M (22.9% of revenue) and net earnings $209M.
Source: Matson 10-Q on SEC EDGAR.