Filing Flows › New Jersey Resources (NJR) › Q3 FY26
New Jersey Resources (NJR) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 4, 2026
New Jersey Resources (NJR) reported revenue of $349M for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and -63% from the quarter before. Operating margin was 9.1%, net earnings $9.7M (2.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $349M | -63% | +17% |
| Operating profit | $31.9M | -89% | — |
| Net earnings | $9.7M | -96% | — |
| Operating cash flow | −$11.6M | -102% | — |
What changed
Revenue was $349.2M in Q3 FY26, up 17% year over year and down 63% from the previous quarter. Natural gas utility sales was the largest line at 49% of revenue. Natural gas services added $10.5M year over year (up 27%), 21% of the total change.
Operating profit was $31.9M, a 9.1% margin (up 9.5 points year over year). Total costs grew 6% against revenue growth of 17%. Net earnings were $9.7M. The effective tax rate was 25.7%.
Operating cash flow was −$11.6M. Non-cash charges added back $53.5M of depreciation and amortization. Working capital and other items used $74.8M.
Questions
What was New Jersey Resources' revenue in the third quarter fiscal 2026?
New Jersey Resources (NJR) reported revenue of $349M for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and -63% from the quarter before.
Was New Jersey Resources profitable in the third quarter fiscal 2026?
Operating profit was $31.9M (9.1% of revenue) and net earnings $9.7M.