Filing Flows › MSC Industrial Direct (MSM) › Q3 FY26 › vs Q2 FY26
MSC Industrial Direct (MSM) Q3 FY26 vs Q2 FY26 (quarter over quarter)
MSC Industrial Direct's revenue rose $129M (+14%) from $918M in Q2 FY26 to $1.0B in Q3 FY26. Gross margin 41.1% against 41.1% (-0.0 pts).
MSC Industrial Direct, Q3 FY26: revenue $1.0B (+8% year over year), operating margin 10.2%, net earnings $80.4M, operating cash flow $102M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 41.1% | 41.1% | -0.0 pts |
| Operating margin | 10.2% | 7.1% | +3.1 pts |
| Net margin | 7.7% | 4.6% | +3.0 pts |
| Free cash flow margin | 7.7% | 8.0% | -0.2 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.0B | $918M | $129M | +14% |
| Gross profit | $430M | $378M | $52.8M | +14% |
| Cost of revenue | $617M | $540M | $76.5M | +14% |
| Operating profit | $107M | $64.8M | $42.0M | +65% |
| Operating expenses | $324M | $313M | $10.9M | +3% |
| Pre-tax earnings | $104M | $56.0M | $48.2M | +86% |
| Loss borne by minority interests | $1.7M | $326K | $1.3M | +408% |
| Net earnings | $80.4M | $42.5M | $37.9M | +89% |
| Income tax | $25.5M | $13.9M | $11.7M | +84% |
| Depreciation & amortization | $25.4M | $25.3M | $85K | +0.3% |
| Share-based compensation | $5.1M | $5.0M | $145K | +3% |
| Working capital & other | $9.1M | −$21.7M | $30.8M | — |
| Operating cash flow | $102M | $94.4M | $7.3M | +8% |
| Free cash flow (OCF − capex) | $80.9M | $73.1M | $7.8M | +11% |
| Capital expenditures | $20.8M | $21.3M | −$514K | -2% |
Questions
How much did MSC Industrial Direct's revenue grow quarter over quarter in Q3 FY26?
MSC Industrial Direct's revenue rose $129M (+14%) from $918M in Q2 FY26 to $1.0B in Q3 FY26. Gross margin 41.1% against 41.1% (-0.0 pts).