Filing Flows › Trex (TREX) › Q3 2026 › vs Q2 2026
Trex (TREX) Q3 2026 vs Q2 2026 (quarter over quarter)
Trex's revenue fell $58.5M (-14%) from $418M in Q2 2026 to $360M in Q3 2026. Gross margin 36.0% against 37.9% (-1.9 pts).
Trex, Q3 2026: revenue $360M (+26% year over year), operating margin 20.2%, net earnings $52.5M, operating cash flow $153M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 36.0% | 37.9% | -1.9 pts |
| Operating margin | 20.2% | 20.6% | -0.4 pts |
| Net margin | 14.6% | 14.8% | -0.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $360M | $418M | −$58.5M | -14% |
| Gross profit | $129M | $158M | −$28.9M | -18% |
| Cost of revenue | $230M | $260M | −$29.6M | -11% |
| Operating profit | $72.5M | $86.2M | −$13.7M | -16% |
| Operating expenses | $57.0M | $72.2M | −$15.2M | -21% |
| Pre-tax earnings | $71.7M | $83.9M | −$12.2M | -15% |
| SG&A | $56.5M | $67.5M | −$11.0M | -16% |
| Other operating costs | $496K | $4.7M | −$4.2M | -89% |
| Net earnings | $52.5M | $61.9M | −$9.4M | -15% |
| Income tax | $19.2M | $22.0M | −$2.8M | -13% |
| Depreciation & amortization | $22.2M | $19.4M | $2.8M | +14% |
| Share-based compensation | $2.6M | $2.8M | −$218K | -8% |
| Working capital & other | $75.3M | $130M | −$54.7M | -42% |
| Operating cash flow | $153M | $214M | −$61.5M | -29% |
Questions
How much did Trex's revenue grow quarter over quarter in Q3 2026?
Trex's revenue fell $58.5M (-14%) from $418M in Q2 2026 to $360M in Q3 2026. Gross margin 36.0% against 37.9% (-1.9 pts).