Filing Flows › Pentair (PNR) › Q3 2026 › vs Q3 2025
Pentair (PNR) Q3 2026 vs Q3 2025 (year over year)
Pentair's revenue fell $45.6M (-4%) from $1.0B in Q3 2025 to $976M in Q3 2026. Gross margin 40.5% against 41.0% (-0.5 pts).
Pentair, Q3 2026: revenue $976M (-4% year over year), operating margin 20.1%, net earnings $145M, operating cash flow $169M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 40.5% | 41.0% | -0.5 pts |
| Operating margin | 20.1% | 22.7% | -2.6 pts |
| Net margin | 14.9% | 18.0% | -3.2 pts |
| Free cash flow margin | 15.6% | 17.5% | -1.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $976M | $1.0B | −$45.6M | -4% |
| Gross profit | $395M | $419M | −$23.4M | -6% |
| Cost of revenue | $581M | $603M | −$22.2M | -4% |
| Operating profit | $196M | $232M | −$35.8M | -15% |
| Operating expenses | $199M | $187M | $12.4M | +7% |
| Pre-tax earnings | $173M | $217M | −$43.4M | -20% |
| Other expense, net | $22.6M | $15.0M | $7.6M | +51% |
| Research & development | $23.4M | $24.7M | −$1.3M | -5% |
| SG&A | $176M | $162M | $13.7M | +8% |
| Net earnings | $145M | $184M | −$39.2M | -21% |
| Income tax | $28.2M | $32.4M | −$4.2M | -13% |
| Depreciation & amortization | $30.4M | $29.2M | $1.2M | +4% |
| Share-based compensation | $4.1M | $6.1M | −$2.0M | -33% |
| Working capital & other | $10.3M | $23.3M | −$13.0M | -56% |
| Operating cash flow | $169M | $196M | −$27.0M | -14% |
| Free cash flow (OCF − capex) | $152M | $179M | −$26.4M | -15% |
| Capital expenditures | $16.8M | $17.4M | −$600K | -3% |
Questions
How much did Pentair's revenue grow year over year in Q3 2026?
Pentair's revenue fell $45.6M (-4%) from $1.0B in Q3 2025 to $976M in Q3 2026. Gross margin 40.5% against 41.0% (-0.5 pts).