Filing Flows › Monro (MNRO) › Q3 FY26
Monro (MNRO) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jan 28, 2026
Monro (MNRO) reported revenue of $293M for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +2% from the quarter before. Operating margin was 6.3%, net earnings $11.1M (3.8% of revenue).
Monro, Q3 FY26: revenue $293M (-4% year over year), operating margin 6.3%, net earnings $11.1M, operating cash flow $17.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293M | +2% | -4% |
| Gross profit | $102M | -0.7% | -2% |
| Operating profit | $18.6M | +46% | +86% |
| Net earnings | $11.1M | +97% | +143% |
| Operating cash flow | $17.8M | -45% | +21% |
| Free cash flow | $9.1M | -66% | +15% |
What changed
Revenue was $293.4M in Q3 FY26, down 4% year over year and up 2% from the previous quarter. Tires was the largest line at 51% of revenue. Maintenance lost $6.6M year over year (down 8%), 53% of the total change.
Gross margin was 34.9%, up 0.6 points from a year earlier. Operating profit was $18.6M, a 6.3% margin (up 3.1 points year over year). Operating expenses fell 12% while revenue fell 4%. Net earnings were $11.1M, up 143% year over year. The effective tax rate was 23.6%.
Operating cash flow was $17.8M (up 21% year over year), 160% of net earnings. Non-cash charges added back $15.3M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $9.7M. Capital expenditures of $8.7M left free cash flow of $9.1M.
Questions
What was Monro's revenue in the third quarter fiscal 2026?
Monro (MNRO) reported revenue of $293M for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +2% from the quarter before.
Was Monro profitable in the third quarter fiscal 2026?
Operating profit was $18.6M (6.3% of revenue) and net earnings $11.1M.
Source: Monro 10-Q on SEC EDGAR.