Filing Flows › New Jersey Resources (NJR) › Q3 FY26 › vs Q3 FY25
New Jersey Resources (NJR) Q3 FY26 vs Q3 FY25 (year over year)
New Jersey Resources's revenue rose $50.2M (+17%) from $299M in Q3 FY25 to $349M in Q3 FY26. The biggest changes: Other revenues +$27.1M (+43%); Natural gas services +$10.5M (+27%); Natural gas utility sales +$3.9M (+2%). Operating margin 9.1% against -0.4% (+9.5 pts).
New Jersey Resources, Q3 FY26: revenue $349M (+17% year over year), operating margin 9.1%, net earnings $9.7M, operating cash flow −$11.6M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | -0.4% | +9.5 pts |
| Net margin | 2.8% | -5.0% | +7.8 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Natural gas utility sales | $172M | $168M | $3.9M | +2% |
| Natural gas services | $49.4M | $38.9M | $10.5M | +27% |
| Electricity sales | $10.6M | $6.9M | $3.7M | +53% |
| Service contracts | $9.8M | $9.4M | $379K | +4% |
| Renewable energy certificates | $8.5M | $5.0M | $3.5M | +71% |
| Installations and maintenance | $8.0M | $6.8M | $1.2M | +18% |
| Other revenues | $91.0M | $63.8M | $27.1M | +43% |
| Revenue | $349M | $299M | $50.2M | +17% |
| Operating profit | $31.9M | −$1.1M | $33.0M | — |
| Costs & expenses | $317M | $300M | $17.3M | +6% |
| Pre-tax earnings | $13.0M | −$20.2M | $33.2M | — |
| Other expense, net | $18.9M | $19.1M | −$281K | -1% |
| Net earnings | $9.7M | −$15.1M | $24.7M | — |
| Income tax | $3.4M | −$5.1M | $8.5M | — |
| Operating cash sources | $74.8M | $60.9M | $13.9M | +23% |
| Depreciation & amortization | $53.5M | $47.0M | $6.5M | +14% |
| Cash used in operations | $11.6M | $28.9M | −$17.3M | -60% |
| Working capital & other | $74.8M | $60.9M | $13.9M | +23% |
Questions
How much did New Jersey Resources's revenue grow year over year in Q3 FY26?
New Jersey Resources's revenue rose $50.2M (+17%) from $299M in Q3 FY25 to $349M in Q3 FY26.
What drove New Jersey Resources's revenue change in Q3 FY26?
Other revenues +$27.1M (+43%); Natural gas services +$10.5M (+27%); Natural gas utility sales +$3.9M (+2%).