Filing Flows › Marzetti (MZTI) › Q3 FY26
Marzetti (MZTI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 4, 2026
Marzetti (MZTI) reported revenue of $453M for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -12% from the quarter before. Operating margin was 10.3%, net earnings $37.1M (8.2% of revenue).
Marzetti, Q3 FY26: revenue $453M (-1% year over year), operating margin 10.3%, net earnings $37.1M, operating cash flow $70.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $453M | -12% | -1% |
| Gross profit | $107M | -22% | +1% |
| Operating profit | $46.6M | -38% | -7% |
| Net earnings | $37.1M | -37% | -10% |
| Operating cash flow | $70.5M | -20% | +54% |
| Free cash flow | $49.3M | -31% | +60% |
What changed
Revenue was $453.4M in Q3 FY26, down 1% year over year and down 12% from the previous quarter. Retail was the largest line at 52% of revenue. Retail lost $7.8M year over year (down 3%), 174% of the total change.
Gross margin was 23.6%, up 0.5 points from Q3 FY25. Operating profit was $46.6M, a 10.3% margin (down 0.6 points year over year). Operating expenses grew 8% against a revenue fall of 1%. Net earnings were $37.1M, down 10% year over year. The effective tax rate was 23.3%.
Operating cash flow was $70.5M (up 54% year over year), 190% of net earnings. Non-cash charges added back $17.5M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $13.5M. Capital expenditures of $21.3M left free cash flow of $49.3M.
Questions
What was Marzetti's revenue in the third quarter fiscal 2026?
Marzetti (MZTI) reported revenue of $453M for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -12% from the quarter before.
Was Marzetti profitable in the third quarter fiscal 2026?
Operating profit was $46.6M (10.3% of revenue) and net earnings $37.1M.
Source: Marzetti 10-Q on SEC EDGAR.