Filing Flows › MDU Resources Group (MDU) › How it makes money
How MDU Resources Group (MDU) makes money
MDU Resources Group (MDU) made $348M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $348M | 100.0% |
| Operating profit | $47.6M | 13.7% |
| Income tax | $2.3M | 0.7% |
| Net earnings | $14.1M | 4.1% |
| Operating cash flow | $82.3M | 23.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $348M | +10% |
| Q2 2026 | $375M | +7% |
| Q1 2026 | $606M | -10% |
| Q4 2025 | $534M | -0.3% |
| Q3 2025 | $315M | +9% |
| Q2 2025 | $351M | +2% |
| Q1 2025 | $675M | +15% |
From MDU Resources Group's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does MDU Resources Group make money?
MDU Resources Group (MDU) made $348M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 4¢ was left as net earnings.
What is MDU Resources Group's profit margin?
Net earnings were $14.1M, 4.1% of revenue, in the third quarter 2026; the operating margin was 13.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.