Filing Flows › Pricesmart (PSMT) › Q3 FY26 › vs Q3 FY25
Pricesmart (PSMT) Q3 FY26 vs Q3 FY25 (year over year)
Pricesmart's revenue rose $165M (+12%) from $1.3B in Q3 FY25 to $1.5B in Q3 FY26. The biggest changes: Net merchandise sales +$161M (+12%); Membership income +$3.9M (+18%); Export sales −$353K (-36%). Operating margin 4.4% against 4.3% (+0.2 pts).
Pricesmart, Q3 FY26: revenue $1.5B (+12% year over year), operating margin 4.4%, net earnings $39.7M, operating cash flow $58.9M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 4.4% | 4.3% | +0.2 pts |
| Net margin | 2.7% | 2.7% | +0.0 pts |
| Free cash flow margin | 0.2% | 1.1% | -0.8 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Foods & Sundries | $669M | $608M | $61.4M | +10% |
| Fresh Foods | $464M | $400M | $64.1M | +16% |
| Hardlines | $150M | $141M | $8.7M | +6% |
| Softlines | $88.1M | $70.6M | $17.4M | +25% |
| Food Service and Bakery | $63.9M | $56.8M | $7.2M | +13% |
| Health Services | $15.2M | $13.3M | $1.9M | +14% |
| Net merchandise sales | $1.5B | $1.3B | $161M | +12% |
| Membership income | $25.7M | $21.9M | $3.9M | +18% |
| Other revenue and income | $4.7M | $4.4M | $304K | +7% |
| Export sales | $637K | $990K | −$353K | -36% |
| Revenue | $1.5B | $1.3B | $165M | +12% |
| Operating profit | $65.6M | $56.2M | $9.4M | +17% |
| Costs & expenses | $1.4B | $1.3B | $155M | +12% |
| Pre-tax earnings | $55.1M | $49.1M | $6.1M | +12% |
| Other expense, net | $10.5M | $7.2M | $3.3M | +47% |
| Cost of revenue | $1.2B | $1.1B | $132M | +12% |
| General & admin | $51.4M | $47.1M | $4.3M | +9% |
| Other operating costs | $145M | $126M | $18.8M | +15% |
| Net earnings | $39.7M | $35.2M | $4.5M | +13% |
| Income tax | $15.4M | $13.9M | $1.5M | +11% |
| Depreciation | $24.8M | $22.8M | $2.0M | +9% |
| Share-based compensation | $5.6M | $4.8M | $778K | +16% |
| Working capital & other | $11.1M | $9.9M | $1.2M | +12% |
| Operating cash flow | $58.9M | $52.8M | $6.1M | +12% |
| Free cash flow (OCF − capex) | $3.2M | $14.0M | −$10.8M | -77% |
| Capital expenditures | $55.7M | $38.8M | $17.0M | +44% |
Questions
How much did Pricesmart's revenue grow year over year in Q3 FY26?
Pricesmart's revenue rose $165M (+12%) from $1.3B in Q3 FY25 to $1.5B in Q3 FY26.
What drove Pricesmart's revenue change in Q3 FY26?
Net merchandise sales +$161M (+12%); Membership income +$3.9M (+18%); Export sales −$353K (-36%).