Filing Flows › UFP Technologies (UFPT) › Q3 2026
UFP Technologies (UFPT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
UFP Technologies (UFPT) reported revenue of $172M for the third quarter 2026 (Q3 2026), +12% from a year earlier and -0.9% from the quarter before. Operating margin was 16.0%, net earnings $20.6M (12.0% of revenue).
UFP Technologies, Q3 2026: revenue $172M (+12% year over year), operating margin 16.0%, net earnings $20.6M, operating cash flow $38.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $172M | -0.9% | +12% |
| Gross profit | $50.8M | -0.3% | +19% |
| Operating profit | $27.6M | -2% | +18% |
| Net earnings | $20.6M | -1% | +26% |
| Operating cash flow | $38.5M | +147% | +7% |
| Free cash flow | $34.6M | — | +6% |
What changed
Revenue was $172.4M in Q3 2026, up 12% year over year and down 1% from the previous quarter. Products was the largest line at 98% of revenue. Products added $17.1M year over year (up 11%), 96% of the total change. Engineering services declined 2%.
Gross margin was 29.4%, up 1.8 points from Q3 2025. Operating profit was $27.6M, a 16.0% margin (up 0.9 points year over year). Of the extra revenue versus Q3 2025, 24% reached operating profit, above the 15% margin then. Operating expenses grew 20% against revenue growth of 12%. Net earnings were $20.6M, up 26% year over year. The effective tax rate was 21.1%.
Operating cash flow was $38.5M (up 7% year over year), 187% of net earnings. Non-cash charges added back $5.0M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $10.1M. Capital expenditures of $3.9M left free cash flow of $34.6M.
Questions
What was UFP Technologies' revenue in the third quarter 2026?
UFP Technologies (UFPT) reported revenue of $172M for the third quarter 2026 (Q3 2026), +12% from a year earlier and -0.9% from the quarter before.
Was UFP Technologies profitable in the third quarter 2026?
Operating profit was $27.6M (16.0% of revenue) and net earnings $20.6M.
Source: UFP Technologies 10-Q on SEC EDGAR.