Filing Flows › Mueller Water Products (MWA) › Q4 FY26 › vs Q3 FY26
Mueller Water Products (MWA) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Mueller Water Products's revenue fell $19.4M (-5%) from $396M in Q3 FY26 to $376M in Q4 FY26. Gross margin 37.0% against 39.4% (-2.4 pts).
Mueller Water Products, Q4 FY26: revenue $376M (-1% year over year), operating margin 19.4%, net earnings $52.3M, operating cash flow $109M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 37.0% | 39.4% | -2.4 pts |
| Operating margin | 19.4% | 20.4% | -0.9 pts |
| Net margin | 13.9% | 17.0% | -3.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $376M | $396M | −$19.4M | -5% |
| Gross profit | $139M | $156M | −$16.5M | -11% |
| Cost of revenue | $237M | $240M | −$2.9M | -1% |
| Operating profit | $73.1M | $80.6M | −$7.5M | -9% |
| Operating expenses | $66.2M | $75.2M | −$9.0M | -12% |
| Pre-tax earnings | $72.6M | $79.8M | −$7.2M | -9% |
| SG&A | $57.3M | $64.0M | −$6.7M | -10% |
| Other operating costs | $8.9M | $11.2M | −$2.3M | -21% |
| Net earnings | $52.3M | $67.3M | −$15.0M | -22% |
| Income tax | $20.3M | $12.5M | $7.8M | +62% |
| Depreciation | $11.3M | $12.6M | −$1.3M | -10% |
| Share-based compensation | $3.2M | $2.9M | $300K | +10% |
| Working capital & other | $41.9M | $23.0M | $18.9M | +82% |
| Operating cash flow | $109M | $106M | $2.9M | +3% |
Questions
How much did Mueller Water Products's revenue grow quarter over quarter in Q4 FY26?
Mueller Water Products's revenue fell $19.4M (-5%) from $396M in Q3 FY26 to $376M in Q4 FY26. Gross margin 37.0% against 39.4% (-2.4 pts).