Filing Flows › Miller Industries (MLR) › How it makes money
How Miller Industries (MLR) makes money
Miller Industries (MLR) made $212M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 14¢ was left as gross profit, 4¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $212M | 100.0% |
| Cost of revenue | $182M | 86.0% |
| Gross profit | $29.8M | 14.0% |
| Operating expenses | $22.3M | 10.5% |
| Operating profit | $7.5M | 3.5% |
| Income tax | $1.4M | 0.7% |
| Net earnings | $6.1M | 2.9% |
| Operating cash flow | $23.7M | 11.2% |
| Free cash flow | $13.7M | 6.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $212M | +19% |
| Q2 2026 | $240M | +12% |
| Q1 2026 | $181M | -20% |
| Q4 2025 | $172M | -22% |
| Q3 2025 | $179M | -43% |
| Q2 2025 | $214M | -42% |
| Q1 2025 | $226M | -36% |
From Miller Industries' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Miller Industries make money?
Miller Industries (MLR) made $212M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Of every dollar of revenue, 14¢ was left as gross profit, 4¢ was left as operating profit, 3¢ was left as net earnings.
What is Miller Industries' profit margin?
Net earnings were $6.1M, 2.9% of revenue, in the third quarter 2026; the operating margin was 3.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.