Filing Flows › Mueller Water Products (MWA) › Q3 FY26 › vs Q2 FY26
Mueller Water Products (MWA) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Mueller Water Products's revenue rose $11.5M (+3%) from $384M in Q2 FY26 to $396M in Q3 FY26. Gross margin 39.4% against 37.6% (+1.8 pts).
Mueller Water Products, Q3 FY26: revenue $396M (+4% year over year), operating margin 20.4%, net earnings $67.3M, operating cash flow $106M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 39.4% | 37.6% | +1.8 pts |
| Operating margin | 20.4% | 20.9% | -0.6 pts |
| Net margin | 17.0% | 15.4% | +1.6 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $396M | $384M | $11.5M | +3% |
| Gross profit | $156M | $144M | $11.3M | +8% |
| Cost of revenue | $240M | $240M | $200K | +0.1% |
| Operating profit | $80.6M | $80.4M | $200K | +0.2% |
| Operating expenses | $75.2M | $64.1M | $11.1M | +17% |
| Pre-tax earnings | $79.8M | $78.8M | $1.0M | +1% |
| SG&A | $64.0M | $59.7M | $4.3M | +7% |
| Other operating costs | $11.2M | $4.4M | $6.8M | +155% |
| Net earnings | $67.3M | $59.1M | $8.2M | +14% |
| Income tax | $12.5M | $19.7M | −$7.2M | -37% |
| Depreciation & amortization | $12.6M | $12.4M | $200K | +2% |
| Share-based compensation | $2.9M | $4.1M | −$1.2M | -29% |
| Working capital & other | $23.0M | −$88.4M | $111M | — |
| Operating cash flow | $106M | −$12.8M | $119M | — |
Questions
How much did Mueller Water Products's revenue grow quarter over quarter in Q3 FY26?
Mueller Water Products's revenue rose $11.5M (+3%) from $384M in Q2 FY26 to $396M in Q3 FY26. Gross margin 39.4% against 37.6% (+1.8 pts).