Filing Flows › Ovintiv (OVV) › Q3 2026
Ovintiv (OVV) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Ovintiv (OVV) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +26% from a year earlier and -14% from the quarter before. Operating margin was 33.7%, net earnings $549M (21.1% of revenue).
Ovintiv, Q3 2026: revenue $2.6B (+26% year over year), operating margin 33.7%, net earnings $549M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | -14% | +26% |
| Operating profit | $877M | -12% | +221% |
| Net earnings | $549M | +20% | +271% |
| Operating cash flow | $1.1B | -34% | +32% |
| Free cash flow | $507M | -52% | +89% |
What changed
Revenue was $2.6B in Q3 2026, up 26% year over year and down 14% from the previous quarter.
Operating profit was $0.88B, a 33.7% margin (up 20.5 points year over year). Of the extra revenue versus Q3 2025, 113% reached operating profit, above the 13% margin then. Total costs fell 4% while revenue rose 26%. The fastest-growing cost line was General & admin (+21%). Net earnings were $0.55B, up 271% year over year. The effective tax rate was 31.7%.
Operating cash flow was $1.1B (up 32% year over year), 195% of net earnings. Non-cash charges added back $0.55B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.56B left free cash flow of $0.51B.
Questions
What was Ovintiv's revenue in the third quarter 2026?
Ovintiv (OVV) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +26% from a year earlier and -14% from the quarter before.
Was Ovintiv profitable in the third quarter 2026?
Operating profit was $877M (33.7% of revenue) and net earnings $549M.
Source: Ovintiv 10-Q on SEC EDGAR.