Filing Flows › Oceanfirst Financial (OCFC) › Q3 2026
Oceanfirst Financial (OCFC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Oceanfirst Financial (OCFC) reported revenue of $185M for the third quarter 2026 (Q3 2026), +80% from a year earlier and +41% from the quarter before. Operating margin was 15.9%, net earnings $16.5M (8.9% of revenue).
Oceanfirst Financial, Q3 2026: revenue $185M (+80% year over year), operating margin 15.9%, net earnings $16.5M, operating cash flow $132M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $185M | +41% | +80% |
| Operating profit | $29.5M | — | +31% |
| Net earnings | $16.5M | — | -5% |
| Operating cash flow | $132M | +266% | +441% |
| Free cash flow | $128M | +283% | +461% |
What changed
Revenue was $185.1M in Q3 2026, up 80% year over year and up 41% from the previous quarter. Net interest income was the largest line at 93% of revenue. Net interest income added $81.5M year over year (up 90%), 99% of the total change.
Operating profit was $29.5M, a 15.9% margin (down 6.0 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, below the 22% margin then. Total costs grew 94% against revenue growth of 80%. The fastest-growing cost line was Other operating costs (+98%). Net earnings were $16.5M, down 5% year over year. The effective tax rate was 44.2%.
Operating cash flow was $132.0M (up 441% year over year), 802% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $108.5M. Capital expenditures of $3.9M left free cash flow of $128.0M.
Questions
What was Oceanfirst Financial's revenue in the third quarter 2026?
Oceanfirst Financial (OCFC) reported revenue of $185M for the third quarter 2026 (Q3 2026), +80% from a year earlier and +41% from the quarter before.
Was Oceanfirst Financial profitable in the third quarter 2026?
Operating profit was $29.5M (15.9% of revenue) and net earnings $16.5M.