Filing Flows › Manitowoc (MTW) › Q3 2026 › vs Q3 2025
Manitowoc (MTW) Q3 2026 vs Q3 2025 (year over year)
Manitowoc's revenue rose $60.4M (+11%) from $553M in Q3 2025 to $614M in Q3 2026. The biggest changes: New Machine Sales +$63.7M (+17%); Non New Machine Sales −$3.3M (-2%). Gross margin 19.8% against 18.5% (+1.3 pts).
Manitowoc, Q3 2026: revenue $614M (+11% year over year), operating margin 5.2%, net earnings $11.0M, operating cash flow −$33.2M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 19.8% | 18.5% | +1.3 pts |
| Operating margin | 5.2% | 3.3% | +1.8 pts |
| Net margin | 1.8% | 0.9% | +0.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| New Machine Sales | $440M | $376M | $63.7M | +17% |
| Non New Machine Sales | $174M | $177M | −$3.3M | -2% |
| Revenue | $614M | $553M | $60.4M | +11% |
| Gross profit | $122M | $103M | $19.2M | +19% |
| Cost of revenue | $492M | $451M | $41.2M | +9% |
| Operating profit | $31.8M | $18.5M | $13.3M | +72% |
| Operating expenses | $90.0M | $84.1M | $5.9M | +7% |
| Pre-tax earnings | $18.8M | $7.5M | $11.3M | +151% |
| Other expense, net | $13.0M | $11.0M | $2.0M | +18% |
| Net earnings | $11.0M | $5.0M | $6.0M | +120% |
| Income tax | $7.8M | $2.5M | $5.3M | +212% |
| Operating cash sources | $59.5M | $35.7M | $23.8M | +67% |
| Depreciation & amortization | $14.8M | $15.6M | −$800K | -5% |
| Share-based compensation | $500K | $1.0M | −$500K | -50% |
| Cash used in operations | $33.2M | $14.1M | $19.1M | +135% |
| Working capital & other | $59.5M | $35.7M | $23.8M | +67% |
Questions
How much did Manitowoc's revenue grow year over year in Q3 2026?
Manitowoc's revenue rose $60.4M (+11%) from $553M in Q3 2025 to $614M in Q3 2026.
What drove Manitowoc's revenue change in Q3 2026?
New Machine Sales +$63.7M (+17%); Non New Machine Sales −$3.3M (-2%).