Filing Flows › Mettler Toledo International (MTD) › Q3 2026 › vs Q2 2026
Mettler Toledo International (MTD) Q3 2026 vs Q2 2026 (quarter over quarter)
Mettler Toledo International's revenue rose $67.0M (+7%) from $1.0B in Q2 2026 to $1.1B in Q3 2026. The biggest changes: US Operations +$37.9M (+11%); Other Operations +$14.8M (+7%); Chinese Operations +$13.5M (+7%). Gross margin 59.8% against 63.3% (-3.5 pts).
Mettler Toledo International, Q3 2026: revenue $1.1B (+6% year over year), operating margin 27.4%, net earnings $246M, operating cash flow $309M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 59.8% | 63.3% | -3.5 pts |
| Operating margin | 27.4% | 28.2% | -0.7 pts |
| Net margin | 22.5% | 22.7% | -0.2 pts |
| Free cash flow margin | 25.7% | 27.5% | -1.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| US Operations | $390M | $352M | $37.9M | +11% |
| Western European Operations | $229M | $227M | $1.9M | +0.8% |
| Other Operations | $219M | $204M | $14.8M | +7% |
| Chinese Operations | $201M | $187M | $13.5M | +7% |
| Swiss Operations | $55.3M | $56.5M | −$1.2M | -2% |
| Revenue | $1.1B | $1.0B | $67.0M | +7% |
| Gross profit | $654M | $650M | $4.0M | +0.6% |
| Cost of revenue | $440M | $377M | $63.0M | +17% |
| Operating profit | $300M | $289M | $10.8M | +4% |
| Operating expenses | $354M | $361M | −$6.8M | -2% |
| Pre-tax earnings | $300M | $289M | $10.8M | +4% |
| Research & development | $53.6M | $53.0M | $624K | +1% |
| SG&A | $267M | $263M | $3.8M | +1% |
| Other operating costs | $33.3M | $44.5M | −$11.2M | -25% |
| Net earnings | $246M | $233M | $13.1M | +6% |
| Income tax | $54.2M | $56.5M | −$2.3M | -4% |
| Depreciation & amortization | $20.4M | $20.5M | −$129K | -0.6% |
| Share-based compensation | $5.9M | $5.4M | $575K | +11% |
| Working capital & other | $36.3M | $51.6M | −$15.3M | -30% |
| Operating cash flow | $309M | $310M | −$1.8M | -0.6% |
| Free cash flow (OCF − capex) | $281M | $283M | −$1.1M | -0.4% |
| Capital expenditures | $27.1M | $27.8M | −$704K | -3% |
Questions
How much did Mettler Toledo International's revenue grow quarter over quarter in Q3 2026?
Mettler Toledo International's revenue rose $67.0M (+7%) from $1.0B in Q2 2026 to $1.1B in Q3 2026.
What drove Mettler Toledo International's revenue change in Q3 2026?
US Operations +$37.9M (+11%); Other Operations +$14.8M (+7%); Chinese Operations +$13.5M (+7%).