Filing Flows › Primo Brands (PRMB) › Q3 2026
Primo Brands (PRMB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Primo Brands (PRMB) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +1% from the quarter before. Operating margin was 13.7%, net earnings $124M (6.8% of revenue).
Primo Brands, Q3 2026: revenue $1.8B (+3% year over year), operating margin 13.7%, net earnings $124M, operating cash flow $294M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +1% | +3% |
| Gross profit | $554M | +0.9% | +5% |
| Operating profit | $249M | +38% | +70% |
| Net earnings | $124M | +80% | +641% |
| Operating cash flow | $294M | +29% | +4% |
| Free cash flow | $215M | +51% | +28% |
What changed
Revenue was $1.8B in Q3 2026, up 3% year over year and up 1% from the previous quarter. Regional spring water was the largest line at 50% of revenue. Regional spring water added $0.03B year over year (up 3%), 47% of the total change. Other declined 5%.
Gross margin was 30.4%, up 0.5 points from Q3 2025. Operating profit was $0.25B, a 13.7% margin (up 5.4 points year over year). Of the extra revenue versus Q3 2025, 187% reached operating profit, above the 8% margin then. Operating expenses fell 20% while revenue rose 3%. Net earnings were $0.12B, up 641% year over year. The effective tax rate was 27.1%.
Operating cash flow was $0.29B (up 4% year over year), 236% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.08B left free cash flow of $0.21B.
Questions
What was Primo Brands' revenue in the third quarter 2026?
Primo Brands (PRMB) reported revenue of $1.8B for the third quarter 2026 (Q3 2026), +3% from a year earlier and +1% from the quarter before.
Was Primo Brands profitable in the third quarter 2026?
Operating profit was $249M (13.7% of revenue) and net earnings $124M.
Source: Primo Brands 10-Q on SEC EDGAR.