Filing Flows › Ovintiv (OVV) › Q3 2026 › vs Q2 2026
Ovintiv (OVV) Q3 2026 vs Q2 2026 (quarter over quarter)
Ovintiv's revenue fell $411M (-14%) from $3.0B in Q2 2026 to $2.6B in Q3 2026. Operating margin 33.7% against 33.0% (+0.7 pts).
Ovintiv, Q3 2026: revenue $2.6B (+26% year over year), operating margin 33.7%, net earnings $549M, operating cash flow $1.1B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 33.7% | 33.0% | +0.7 pts |
| Net margin | 21.1% | 15.1% | +6.0 pts |
| Free cash flow margin | 19.5% | 35.1% | -15.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.6B | $3.0B | −$411M | -14% |
| Operating profit | $877M | $994M | −$117M | -12% |
| Costs & expenses | $1.7B | $2.0B | −$294M | -15% |
| Pre-tax earnings | $804M | $539M | $265M | +49% |
| Other expense, net | $73.0M | $455M | −$382M | -84% |
| General & admin | $94.0M | $126M | −$32.0M | -25% |
| Other operating costs | $1.6B | $1.9B | −$262M | -14% |
| Net earnings | $549M | $456M | $93.0M | +20% |
| Income tax | $255M | $83.0M | $172M | +207% |
| Depreciation & amortization | $550M | $519M | $31.0M | +6% |
| Share-based compensation | $14.0M | $11.0M | $3.0M | +27% |
| Working capital & other | $43.0M | −$646M | $689M | — |
| Operating cash flow | $1.1B | $1.6B | −$562M | -34% |
| Free cash flow (OCF − capex) | $507M | $1.1B | −$551M | -52% |
| Capital expenditures | $563M | $574M | −$11.0M | -2% |
Questions
How much did Ovintiv's revenue grow quarter over quarter in Q3 2026?
Ovintiv's revenue fell $411M (-14%) from $3.0B in Q2 2026 to $2.6B in Q3 2026. Operating margin 33.7% against 33.0% (+0.7 pts).