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Filing Flows › Construction Partners (ROAD) › Q3 FY26 › vs Q2 FY26

Construction Partners (ROAD) Q3 FY26 vs Q2 FY26 (quarter over quarter)

Construction Partners's revenue rose $230M (+30%) from $769M in Q2 FY26 to $999M in Q3 FY26. Gross margin 16.8% against 12.9% (+4.0 pts).

Construction Partners, Q3 FY26: revenue $999M (+28% year over year), operating margin 10.9%, net earnings $59.6M, operating cash flow $93.1M. The chart draws each line against Q2 FY26, the increases inside each band.

Construction Partners: what changed, Q3 FY26 vs Q2 FY26Construction Partners: what changed, Q3 FY26 vs Q2 FY26Cost of revenue$161MOperating profit$72.0MGross profit$69.5MPre-tax earnings$67.1MNet earnings$50.4MOperating cash flow$27.9MWorking capital & other$21.5MIncome tax$16.7MCapital expenditures$16.3MFree cash flow (OCF − capex)$11.6M

Margins

Q3 FY26Q2 FY26Change
Gross margin16.8%12.9%+4.0 pts
Operating margin10.9%4.9%+6.1 pts
Net margin6.0%1.2%+4.8 pts
Free cash flow margin3.1%2.5%+0.6 pts

Every line

LineQ3 FY26Q2 FY26Change%
Revenue$999M$769M$230M+30%
Gross profit$168M$98.9M$69.5M+70%
Cost of revenue$831M$670M$161M+24%
Operating profit$109M$37.4M$72.0M+193%
Operating expenses$59.0M$61.5M−$2.5M-4%
Pre-tax earnings$79.1M$12.1M$67.1M+556%
Other expense, net$30.2M$25.3M$4.9M+19%
Net earnings$59.6M$9.2M$50.4M+549%
Income tax$19.6M$2.9M$16.7M+578%
Depreciation & amortization$41.9M$44.2M−$2.3M-5%
Share-based compensation$8.8M$7.5M$1.3M+17%
Working capital & other$17.2M−$4.3M$21.5M—
Operating cash flow$93.1M$65.2M$27.9M+43%
Free cash flow (OCF − capex)$30.6M$18.9M$11.6M+61%
Capital expenditures$62.5M$46.3M$16.3M+35%

Questions

How much did Construction Partners's revenue grow quarter over quarter in Q3 FY26?

Construction Partners's revenue rose $230M (+30%) from $769M in Q2 FY26 to $999M in Q3 FY26. Gross margin 16.8% against 12.9% (+4.0 pts).

Q3 FY26 results → · Compare in the interactive Sankey →