Filing Flows › Trex (TREX) › How it makes money
How Trex (TREX) makes money
Trex (TREX) made $360M of revenue in the third quarter 2026 (Q3 2026), +26% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $360M | 100.0% |
| Cost of revenue | $230M | 64.0% |
| Gross profit | $129M | 36.0% |
| Operating expenses | $57.0M | 15.8% |
| Operating profit | $72.5M | 20.2% |
| Income tax | $19.2M | 5.3% |
| Net earnings | $52.5M | 14.6% |
| Operating cash flow | $153M | 42.5% |
| Free cash flow | $135M | 37.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $360M | +26% |
| Q2 2026 | $418M | +8% |
| Q1 2026 | $343M | +1% |
| Q4 2025 | $161M | -4% |
| Q3 2025 | $285M | +22% |
| Q2 2025 | $388M | +3% |
| Q1 2025 | $340M | -9% |
From Trex's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Trex make money?
Trex (TREX) made $360M of revenue in the third quarter 2026 (Q3 2026), +26% from a year earlier. Of every dollar of revenue, 36¢ was left as gross profit, 20¢ was left as operating profit, 15¢ was left as net earnings.
What is Trex's profit margin?
Net earnings were $52.5M, 14.6% of revenue, in the third quarter 2026; the operating margin was 20.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.