Filing Flows › Omnicell (OMCL) › Q3 2026 › vs Q2 2026
Omnicell (OMCL) Q3 2026 vs Q2 2026 (quarter over quarter)
Omnicell's revenue fell $4.4M (-1%) from $312M in Q2 2026 to $308M in Q3 2026. The biggest changes: Service revenues −$2.3M (-2%); Product revenues −$2.0M (-1%). Gross margin 44.8% against 49.0% (-4.2 pts).
Omnicell, Q3 2026: revenue $308M (-0.9% year over year), operating margin 4.9%, net earnings $11.0M, operating cash flow $33.1M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 44.8% | 49.0% | -4.2 pts |
| Operating margin | 4.9% | 10.4% | -5.5 pts |
| Net margin | 3.6% | 7.8% | -4.2 pts |
| Free cash flow margin | 7.0% | 19.0% | -12.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Connected devices, software licenses, and other | $146M | $149M | −$3.1M | -2% |
| Technical services | $67.8M | $68.6M | −$768K | -1% |
| SaaS and Expert Services | $67.0M | $68.6M | −$1.6M | -2% |
| Consumables | $26.9M | $25.8M | $1.1M | +4% |
| Product revenues | $173M | $175M | −$2.0M | -1% |
| Service revenues | $135M | $137M | −$2.3M | -2% |
| Revenue | $308M | $312M | −$4.4M | -1% |
| Gross profit | $138M | $153M | −$15.1M | -10% |
| Cost of revenue | $170M | $159M | $10.8M | +7% |
| Operating profit | $14.9M | $32.4M | −$17.5M | -54% |
| Operating expenses | $123M | $120M | $2.4M | +2% |
| Pre-tax earnings | $15.8M | $33.8M | −$18.0M | -53% |
| Research & development | $22.4M | $20.3M | $2.1M | +10% |
| SG&A | $101M | $100M | $354K | +0.4% |
| Net earnings | $11.0M | $24.3M | −$13.2M | -55% |
| Income tax | $4.8M | $9.5M | −$4.8M | -50% |
| Depreciation & amortization | $18.4M | $18.8M | −$400K | -2% |
| Share-based compensation | $11.4M | $12.2M | −$790K | -6% |
| Working capital & other | $7.8M | −$13.0M | $20.8M | — |
| Operating cash flow | $33.1M | $68.3M | −$35.3M | -52% |
| Free cash flow (OCF − capex) | $21.7M | $59.4M | −$37.7M | -63% |
| Capital expenditures | $11.4M | $8.9M | $2.4M | +27% |
Questions
How much did Omnicell's revenue grow quarter over quarter in Q3 2026?
Omnicell's revenue fell $4.4M (-1%) from $312M in Q2 2026 to $308M in Q3 2026.
What drove Omnicell's revenue change in Q3 2026?
Service revenues −$2.3M (-2%); Product revenues −$2.0M (-1%).