Filing Flows › Mondelez International (MDLZ) › Q3 2026
Mondelez International (MDLZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Mondelez International (MDLZ) reported revenue of $10.0B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +7% from the quarter before. Operating margin was 17.6%, net earnings $1.3B (13.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.0B | +7% | +2% |
| Gross profit | $3.9B | -2% | +50% |
| Operating profit | $1.8B | -10% | +136% |
| Net earnings | $1.3B | -16% | +75% |
| Operating cash flow | $1.3B | +50% | +79% |
| Free cash flow | $991M | +93% | +137% |
What changed
Revenue was $10.0B in Q3 2026, up 2% year over year and up 7% from the previous quarter. Biscuits & Baked Snacks was the largest line at 49% of revenue. Biscuits & Baked Snacks added $0.10B year over year (up 2%), 46% of the total change. Beverages declined 4%.
Gross margin was 39.4%, up 12.6 points from Q3 2025. Operating profit was $1.8B, a 17.6% margin (up 10.0 points year over year). Of the extra revenue versus Q3 2025, 455% reached operating profit, above the 8% margin then. Operating expenses grew 16% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+111%). Net earnings were $1.3B, up 76% year over year. The effective tax rate was 24.5%.
Operating cash flow was $1.3B (up 79% year over year), 98% of net earnings. Non-cash charges added back $0.35B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.42B. Capital expenditures of $0.29B left free cash flow of $1.0B.
Questions
What was Mondelez International's revenue in the third quarter 2026?
Mondelez International (MDLZ) reported revenue of $10.0B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +7% from the quarter before.
Was Mondelez International profitable in the third quarter 2026?
Operating profit was $1.8B (17.6% of revenue) and net earnings $1.3B.