Filing Flows › Mondelez International (MDLZ) › Q3 2026 › vs Q3 2025
Mondelez International (MDLZ) Q3 2026 vs Q3 2025 (year over year)
Mondelez International's revenue rose $223M (+2%) from $9.7B in Q3 2025 to $10.0B in Q3 2026. The biggest changes: Biscuits & Baked Snacks +$103M (+2%); Gum & Candy +$103M (+10%); Meals +$22.0M (+4%). Gross margin 39.4% against 26.8% (+12.6 pts).
Mondelez International, Q3 2026: revenue $10.0B (+2% year over year), operating margin 17.6%, net earnings $1.3B, operating cash flow $1.3B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 39.4% | 26.8% | +12.6 pts |
| Operating margin | 17.6% | 7.6% | +10.0 pts |
| Net margin | 13.1% | 7.7% | +5.5 pts |
| Free cash flow margin | 9.9% | 4.3% | +5.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Biscuits & Baked Snacks | $4.9B | $4.8B | $103M | +2% |
| Chocolate | $3.1B | $3.1B | $4.0M | +0.1% |
| Gum & Candy | $1.2B | $1.1B | $103M | +10% |
| Meals | $623M | $601M | $22.0M | +4% |
| Beverages | $208M | $217M | −$9.0M | -4% |
| Revenue | $10.0B | $9.7B | $223M | +2% |
| Gross profit | $3.9B | $2.6B | $1.3B | +50% |
| Cost of revenue | $6.0B | $7.1B | −$1.1B | -15% |
| Operating profit | $1.8B | $744M | $1.0B | +136% |
| Operating expenses | $2.2B | $1.9B | $298M | +16% |
| Pre-tax earnings | $1.7B | $883M | $849M | +96% |
| SG&A | $2.0B | $1.8B | $217M | +12% |
| Other operating costs | $154M | $73.0M | $81.0M | +111% |
| Net earnings | $1.3B | $746M | $562M | +75% |
| Income tax | $424M | $137M | $287M | +209% |
| Depreciation & amortization | $347M | $343M | $4.0M | +1% |
| Share-based compensation | $46.0M | $19.0M | $27.0M | +142% |
| Working capital & other | $417M | $391M | $26.0M | +7% |
| Operating cash flow | $1.3B | $717M | $567M | +79% |
| Free cash flow (OCF − capex) | $991M | $418M | $573M | +137% |
| Capital expenditures | $293M | $299M | −$6.0M | -2% |
Questions
How much did Mondelez International's revenue grow year over year in Q3 2026?
Mondelez International's revenue rose $223M (+2%) from $9.7B in Q3 2025 to $10.0B in Q3 2026.
What drove Mondelez International's revenue change in Q3 2026?
Biscuits & Baked Snacks +$103M (+2%); Gum & Candy +$103M (+10%); Meals +$22.0M (+4%).