Filing Flows › Ollie's Bargain Outlet Holdings (OLLI) › Q3 FY26
Ollie's Bargain Outlet Holdings (OLLI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 9, 2025
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $614M for the third quarter fiscal 2026 (Q3 FY26), +19% from a year earlier and -10% from the quarter before. Operating margin was 9.0%, net earnings $46.2M (7.5% of revenue).
Ollie's Bargain Outlet Holdings, Q3 FY26: revenue $614M (+19% year over year), operating margin 9.0%, net earnings $46.2M, operating cash flow $4.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $614M | -10% | +19% |
| Gross profit | $254M | -7% | +18% |
| Operating profit | $55.4M | -28% | +24% |
| Net earnings | $46.2M | -25% | +29% |
| Operating cash flow | $4.8M | -94% | — |
What changed
Revenue was $613.6M in Q3 FY26, up 19% year over year and down 10% from the previous quarter.
Gross margin was 41.3%, down 0.1 points from a year earlier. Operating profit was $55.4M, a 9.0% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, above the 9% margin then. Operating expenses grew 17% against revenue growth of 19%. The fastest-growing cost line was SG&A (+17%). Net earnings were $46.2M, up 29% year over year. The effective tax rate was 23.0%.
Operating cash flow was $4.8M, 10% of net earnings. Non-cash charges added back $10.6M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $55.3M. Capital expenditures of $30.7M exceeded it, leaving free cash flow of −$26.0M.
Questions
What was Ollie's Bargain Outlet Holdings' revenue in the third quarter fiscal 2026?
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $614M for the third quarter fiscal 2026 (Q3 FY26), +19% from a year earlier and -10% from the quarter before.
Was Ollie's Bargain Outlet Holdings profitable in the third quarter fiscal 2026?
Operating profit was $55.4M (9.0% of revenue) and net earnings $46.2M.