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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.

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MDU Resources Group revenue by quarterMDU Resources Group revenue by quarter$675MQ1 2025$351MQ2 2025$315MQ3 2025$534MQ4 2025$606MQ1 2026$375MQ2 2026$348MQ3 2026
MDU Resources Group: where each dollar of revenue goesMDU Resources Group: where each dollar of revenue goesOperating profit14¢Income tax1¢Net earnings4¢Operating cash flow24¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$348M100.0%
Operating profit$47.6M13.7%
Income tax$2.3M0.7%
Net earnings$14.1M4.1%
Operating cash flow$82.3M23.7%

Revenue, quarter by quarter

QuarterRevenueY/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%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.