Filing Flows › Snap-on (SNA) › Q3 2026 › vs Q2 2026
Snap-on (SNA) Q3 2026 vs Q2 2026 (quarter over quarter)
Snap-on's revenue fell $52.5M (-4%) from $1.3B in Q2 2026 to $1.3B in Q3 2026. The biggest changes: Product and Services, Excluding Financial Services −$51.4M (-4%); Financial services revenue −$1.1M (-1%). Operating margin 24.7% against 25.2% (-0.5 pts).
Snap-on, Q3 2026: revenue $1.3B (-0.7% year over year), operating margin 24.7%, net earnings $243M, operating cash flow $248M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.7% | 25.2% | -0.5 pts |
| Net margin | 19.0% | 19.5% | -0.6 pts |
| Free cash flow margin | 17.4% | 18.6% | -1.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Product and Services, Excluding Financial Services | $1.2B | $1.2B | −$51.4M | -4% |
| Financial services revenue | $98.6M | $99.7M | −$1.1M | -1% |
| Revenue | $1.3B | $1.3B | −$52.5M | -4% |
| Operating profit | $316M | $336M | −$20.0M | -6% |
| Costs & expenses | $966M | $998M | −$32.5M | -3% |
| Pre-tax earnings | $319M | $339M | −$19.9M | -6% |
| Net earnings | $243M | $261M | −$17.6M | -7% |
| Minority interests | $6.6M | $5.6M | $1.0M | +18% |
| Income tax | $69.7M | $73.0M | −$3.3M | -5% |
| Depreciation | $20.4M | $20.2M | $200K | +1% |
| Share-based compensation | $8.0M | $9.4M | −$1.4M | -15% |
| Working capital & other | $23.7M | $18.7M | $5.0M | +27% |
| Operating cash flow | $248M | $272M | −$23.8M | -9% |
| Free cash flow (OCF − capex) | $223M | $248M | −$25.4M | -10% |
| Capital expenditures | $24.7M | $23.1M | $1.6M | +7% |
Questions
How much did Snap-on's revenue grow quarter over quarter in Q3 2026?
Snap-on's revenue fell $52.5M (-4%) from $1.3B in Q2 2026 to $1.3B in Q3 2026.
What drove Snap-on's revenue change in Q3 2026?
Product and Services, Excluding Financial Services −$51.4M (-4%); Financial services revenue −$1.1M (-1%).