Filing Flows › Newmarket (NEU) › Q3 2026 › vs Q2 2026
Newmarket (NEU) Q3 2026 vs Q2 2026 (quarter over quarter)
Newmarket's revenue fell $30.6M (-4%) from $747M in Q2 2026 to $717M in Q3 2026. Gross margin 31.0% against 32.4% (-1.4 pts).
Newmarket, Q3 2026: revenue $717M (+4% year over year), operating margin 20.0%, net earnings $124M, operating cash flow $68.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.0% | 32.4% | -1.4 pts |
| Operating margin | 20.0% | 21.9% | -2.0 pts |
| Net margin | 17.3% | 17.9% | -0.6 pts |
| Free cash flow margin | 4.4% | 18.0% | -13.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $717M | $747M | −$30.6M | -4% |
| Gross profit | $222M | $242M | −$20.1M | -8% |
| Cost of revenue | $494M | $505M | −$10.5M | -2% |
| Other income, net | $8.2M | $6.7M | $1.5M | +23% |
| Operating profit | $143M | $164M | −$20.7M | -13% |
| Operating expenses | $79.4M | $78.8M | $656K | +0.8% |
| Pre-tax earnings | $151M | $170M | −$19.2M | -11% |
| Research & development | $30.5M | $30.4M | $116K | +0.4% |
| SG&A | $48.9M | $48.4M | $540K | +1% |
| Net earnings | $124M | $134M | −$9.6M | -7% |
| Income tax | $27.0M | $36.6M | −$9.5M | -26% |
| Depreciation & amortization | $31.2M | $31.8M | −$638K | -2% |
| Working capital & other | $86.7M | $3.4M | $83.3M | 25× |
| Operating cash flow | $68.6M | $162M | −$93.6M | -58% |
| Free cash flow (OCF − capex) | $31.8M | $135M | −$103M | -76% |
| Capital expenditures | $36.7M | $27.4M | $9.4M | +34% |
Questions
How much did Newmarket's revenue grow quarter over quarter in Q3 2026?
Newmarket's revenue fell $30.6M (-4%) from $747M in Q2 2026 to $717M in Q3 2026. Gross margin 31.0% against 32.4% (-1.4 pts).