Filing Flows › Pentair (PNR) › Q3 2026
Pentair (PNR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Pentair (PNR) reported revenue of $976M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +5% from the quarter before. Operating margin was 20.1%, net earnings $145M (14.9% of revenue).
Pentair, Q3 2026: revenue $976M (-4% year over year), operating margin 20.1%, net earnings $145M, operating cash flow $169M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $976M | +5% | -4% |
| Gross profit | $395M | +0.1% | -6% |
| Operating profit | $196M | +18% | -15% |
| Net earnings | $145M | +13% | -21% |
| Operating cash flow | $169M | -70% | -14% |
| Free cash flow | $152M | -72% | -15% |
What changed
Revenue was $976.4M in Q3 2026, down 4% year over year and up 5% from the previous quarter.
Gross margin was 40.5%, down 0.5 points from Q3 2025. Operating profit was $195.9M, a 20.1% margin (down 2.6 points year over year). Operating expenses grew 7% against a revenue fall of 4%. Net earnings were $145.1M, down 21% year over year. The effective tax rate was 16.3%.
Operating cash flow was $169.3M (down 14% year over year), 117% of net earnings. Non-cash charges added back $30.4M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $10.3M. Capital expenditures of $16.8M left free cash flow of $152.5M.
Questions
What was Pentair's revenue in the third quarter 2026?
Pentair (PNR) reported revenue of $976M for the third quarter 2026 (Q3 2026), -4% from a year earlier and +5% from the quarter before.
Was Pentair profitable in the third quarter 2026?
Operating profit was $196M (20.1% of revenue) and net earnings $145M.
Source: Pentair 10-Q on SEC EDGAR.