Filing Flows › Nwpx Infrastructure (NWPX) › Q3 2026
Nwpx Infrastructure (NWPX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Nwpx Infrastructure (NWPX) reported revenue of $179M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +12% from the quarter before. Operating margin was 13.6%, net earnings $18.2M (10.2% of revenue).
Nwpx Infrastructure, Q3 2026: revenue $179M (+19% year over year), operating margin 13.6%, net earnings $18.2M, operating cash flow $27.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $179M | +12% | +19% |
| Gross profit | $38.2M | +11% | +19% |
| Operating profit | $24.3M | +15% | +28% |
| Net earnings | $18.2M | +15% | +35% |
| Operating cash flow | $27.4M | +95% | +31% |
| Free cash flow | $20.4M | +107% | +54% |
What changed
Revenue was $179.4M in Q3 2026, up 19% year over year and up 12% from the previous quarter. Water Transmission Systems was the largest line at 74% of revenue. Water Transmission Systems added $28.0M year over year (up 27%), 99% of the total change.
Gross margin was 21.3%, unchanged from Q3 2025. Operating profit was $24.3M, a 13.6% margin (up 1.0 points year over year). Of the extra revenue versus Q3 2025, 19% reached operating profit, above the 13% margin then. Operating expenses grew 6% against revenue growth of 19%. Net earnings were $18.2M, up 35% year over year. The effective tax rate was 23.9%.
Operating cash flow was $27.4M (up 31% year over year), 150% of net earnings. Non-cash charges added back $1.6M of share-based compensation. Working capital and other items added $7.5M. Capital expenditures of $7.0M left free cash flow of $20.4M.
Questions
What was Nwpx Infrastructure's revenue in the third quarter 2026?
Nwpx Infrastructure (NWPX) reported revenue of $179M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +12% from the quarter before.
Was Nwpx Infrastructure profitable in the third quarter 2026?
Operating profit was $24.3M (13.6% of revenue) and net earnings $18.2M.