Filing Flows › Miller Industries (MLR) › Q3 2026
Miller Industries (MLR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Miller Industries (MLR) reported revenue of $212M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -12% from the quarter before. Operating margin was 3.5%, net earnings $6.1M (2.9% of revenue).
Miller Industries, Q3 2026: revenue $212M (+19% year over year), operating margin 3.5%, net earnings $6.1M, operating cash flow $23.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $212M | -12% | +19% |
| Gross profit | $29.8M | -17% | +18% |
| Operating profit | $7.5M | -25% | +75% |
| Net earnings | $6.1M | -16% | +97% |
| Operating cash flow | $23.7M | -27% | +19% |
| Free cash flow | $13.7M | -51% | -25% |
What changed
Revenue was $212.2M in Q3 2026, up 19% year over year and down 12% from the previous quarter.
Gross margin was 14.0%, down 0.1 points from Q3 2025. Operating profit was $7.5M, a 3.5% margin (up 1.1 points year over year). Of the extra revenue versus Q3 2025, 10% reached operating profit, above the 2% margin then. Operating expenses grew 6% against revenue growth of 19%. Net earnings were $6.1M, up 97% year over year. The effective tax rate was 19.2%.
Operating cash flow was $23.7M (up 19% year over year), 389% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $12.9M. Capital expenditures of $10.0M left free cash flow of $13.7M.
Questions
What was Miller Industries' revenue in the third quarter 2026?
Miller Industries (MLR) reported revenue of $212M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -12% from the quarter before.
Was Miller Industries profitable in the third quarter 2026?
Operating profit was $7.5M (3.5% of revenue) and net earnings $6.1M.
Source: Miller Industries 10-Q on SEC EDGAR.