Filing Flows › MDU Resources Group (MDU) › Q3 2026 › vs Q2 2026
MDU Resources Group (MDU) Q3 2026 vs Q2 2026 (quarter over quarter)
MDU Resources Group's revenue fell $27.6M (-7%) from $375M in Q2 2026 to $348M in Q3 2026. Operating margin 13.7% against 12.8% (+0.9 pts).
MDU Resources Group, Q3 2026: revenue $348M (+10% year over year), operating margin 13.7%, net earnings $14.1M, operating cash flow $82.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.7% | 12.8% | +0.9 pts |
| Net margin | 4.1% | 5.7% | -1.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $348M | $375M | −$27.6M | -7% |
| Operating profit | $47.6M | $47.9M | −$368K | -0.8% |
| Costs & expenses | $300M | $327M | −$27.2M | -8% |
| Pre-tax earnings | $16.4M | $24.6M | −$8.2M | -33% |
| Other expense, net | $31.2M | $23.4M | $7.8M | +34% |
| SG&A | $116M | $114M | $1.7M | +1% |
| Other operating costs | $184M | $213M | −$28.8M | -14% |
| Net earnings | $14.1M | $21.2M | −$7.2M | -34% |
| Income tax | $2.3M | $3.4M | −$1.1M | -31% |
| Depreciation & amortization | $55.7M | $55.2M | $483K | +0.9% |
| Share-based compensation | $1.9M | $1.9M | −$1K | -0.1% |
| Working capital & other | $10.6M | $37.7M | −$27.1M | -72% |
| Operating cash flow | $82.3M | $116M | −$33.8M | -29% |
| Capital expenditures | $139M | $101M | $37.5M | +37% |
| Negative free cash flow (OCF − capex) | $56.3M | −$15.0M | $71.3M | — |
Questions
How much did MDU Resources Group's revenue grow quarter over quarter in Q3 2026?
MDU Resources Group's revenue fell $27.6M (-7%) from $375M in Q2 2026 to $348M in Q3 2026. Operating margin 13.7% against 12.8% (+0.9 pts).