Filing Flows › Otter Tail (OTTR) › Q3 2026
Otter Tail (OTTR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Otter Tail (OTTR) reported revenue of $317M for the third quarter 2026 (Q3 2026), -3% from a year earlier and -5% from the quarter before. Operating margin was 21.7%, net earnings $59.5M (18.7% of revenue).
Otter Tail, Q3 2026: revenue $317M (-3% year over year), operating margin 21.7%, net earnings $59.5M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $317M | -5% | -3% |
| Operating profit | $68.9M | — | -29% |
| Net earnings | $59.5M | — | -24% |
| Operating cash flow | $125M | +12% | -3% |
What changed
Revenue was $317.2M in Q3 2026, down 3% year over year and down 5% from the previous quarter. Electric was the largest line at 43% of revenue. Plastics lost $14.2M year over year (down 13%), 163% of the total change.
Operating profit was $68.9M, a 21.7% margin (down 7.9 points year over year). Total costs grew 8% against a revenue fall of 3%. The fastest-growing cost line was Cost of revenue (+18%). Net earnings were $59.5M, down 24% year over year. The effective tax rate was 7.0%.
Operating cash flow was $125.2M (down 3% year over year), 211% of net earnings. Non-cash charges added back $30.6M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $33.9M. Capital expenditures of $126.8M exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Otter Tail's revenue in the third quarter 2026?
Otter Tail (OTTR) reported revenue of $317M for the third quarter 2026 (Q3 2026), -3% from a year earlier and -5% from the quarter before.
Was Otter Tail profitable in the third quarter 2026?
Operating profit was $68.9M (21.7% of revenue) and net earnings $59.5M.
Source: Otter Tail 10-Q on SEC EDGAR.