Filing Flows › RGC Resources (RGCO) › Q3 FY26 › vs Q2 FY26
RGC Resources (RGCO) Q3 FY26 vs Q2 FY26 (quarter over quarter)
RGC Resources's revenue fell $28.4M (-62%) from $45.5M in Q2 FY26 to $17.1M in Q3 FY26. The biggest changes: Gas Utility −$28.4M (-62%); Non-utility −$1K (-3%). Operating margin 6.9% against 24.8% (-18.0 pts).
RGC Resources, Q3 FY26: revenue $17.1M (-0.9% year over year), operating margin 6.9%, net earnings $559K, operating cash flow $5.9M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 6.9% | 24.8% | -18.0 pts |
| Net margin | 3.3% | 19.2% | -16.0 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Gas Utility | $17.1M | $45.4M | −$28.4M | -62% |
| Non-utility | $23K | $24K | −$1K | -3% |
| Revenue | $17.1M | $45.5M | −$28.4M | -62% |
| Operating profit | $1.2M | $11.3M | −$10.1M | -90% |
| Costs & expenses | $15.9M | $34.2M | −$18.2M | -53% |
| Pre-tax earnings | $714K | $11.3M | −$10.6M | -94% |
| Other expense, net | $459K | −$11K | $469K | — |
| Net earnings | $559K | $8.7M | −$8.2M | -94% |
| Income tax | $155K | $2.6M | −$2.4M | -94% |
| Depreciation & amortization | $3.1M | $3.1M | $0 | 0% |
| Share-based compensation | $121K | $374K | −$253K | -68% |
| Working capital & other | $2.2M | $3.2M | −$1.0M | -32% |
| Operating cash flow | $5.9M | $15.4M | −$9.5M | -61% |
| Capital expenditures | $6.3M | $4.2M | $2.1M | +50% |
| Negative free cash flow (OCF − capex) | $323K | −$11.2M | $11.5M | — |
Questions
How much did RGC Resources's revenue grow quarter over quarter in Q3 FY26?
RGC Resources's revenue fell $28.4M (-62%) from $45.5M in Q2 FY26 to $17.1M in Q3 FY26.
What drove RGC Resources's revenue change in Q3 FY26?
Gas Utility −$28.4M (-62%); Non-utility −$1K (-3%).