Filing Flows › Pershing Square (PS) › Q3 2026 › vs Q3 2025
Pershing Square (PS) Q3 2026 vs Q3 2025 (year over year)
Pershing Square's revenue fell $9.6M (-14%) from $66.2M in Q3 2025 to $56.6M in Q3 2026.
Pershing Square, Q3 2026: revenue $56.6M (-14% year over year), operating margin -35.5%, net loss $18.4M, operating cash flow $58.4M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $56.6M | $66.2M | −$9.6M | -14% |
| Other income, net | $14.8M | $138M | −$123M | -89% |
| Net loss | $18.4M | −$161M | $179M | — |
| Costs & expenses | $89.8M | $204M | −$115M | -56% |
| Operating costs | $76.7M | $41.9M | $34.7M | +83% |
| Income tax | $13.1M | $1.3M | $11.8M | +901% |
| General & admin | $5.7M | $10.9M | −$5.2M | -48% |
| Other operating costs | $71.0M | $31.0M | $40.0M | +129% |
| Operating cash sources | $76.7M | −$131M | $208M | — |
| Depreciation & amortization | $528K | $573K | −$45K | -8% |
| Working capital & other | $76.2M | −$131M | $208M | — |
| Net loss absorbed | $18.4M | −$161M | $179M | — |
| Operating cash flow | $58.4M | $30.2M | $28.2M | +93% |
Questions
How much did Pershing Square's revenue grow year over year in Q3 2026?
Pershing Square's revenue fell $9.6M (-14%) from $66.2M in Q3 2025 to $56.6M in Q3 2026.