Filing Flows › MSA Safety (MSA) › Q3 2026
MSA Safety (MSA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
MSA Safety (MSA) reported revenue of $536M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +7% from the quarter before. Operating margin was 16.4%, net earnings $58.4M (10.9% of revenue).
MSA Safety, Q3 2026: revenue $536M (+14% year over year), operating margin 16.4%, net earnings $58.4M, operating cash flow $82.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $536M | +7% | +15% |
| Gross profit | $244M | -2% | +12% |
| Operating profit | $88.2M | -21% | -6% |
| Net earnings | $58.4M | -32% | -16% |
| Operating cash flow | $82.3M | -14% | -27% |
| Free cash flow | $68.2M | — | -32% |
What changed
Revenue was $536.4M in Q3 2026, up 15% year over year and up 7% from the previous quarter. Detection was the largest line at 44% of revenue. Detection added $42.7M year over year (up 22%), 63% of the total change.
Gross margin was 45.5%, down 0.9 points from Q3 2025. Operating profit was $88.2M, a 16.4% margin (down 3.7 points year over year). Operating profit fell $6.1M even though revenue rose $68.0M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 27% against revenue growth of 15%. The fastest-growing cost line was SG&A (+29%). Net earnings were $58.4M, down 16% year over year. The effective tax rate was 28.7%.
Operating cash flow was $82.3M (down 27% year over year), 141% of net earnings. Non-cash charges added back $23.0M of depreciation and amortization and $7.6M of share-based compensation. Working capital and other items used $6.7M. After capital expenditures ($14.1M), free cash flow as the company reports it was $68.2M.
Questions
What was MSA Safety's revenue in the third quarter 2026?
MSA Safety (MSA) reported revenue of $536M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +7% from the quarter before.
Was MSA Safety profitable in the third quarter 2026?
Operating profit was $88.2M (16.4% of revenue) and net earnings $58.4M.
Source: MSA Safety 10-Q on SEC EDGAR.