Filing Flows › UGI (UGI) › Q3 FY26 › vs Q2 FY26
UGI (UGI) Q3 FY26 vs Q2 FY26 (quarter over quarter)
UGI's revenue fell $1.4B (-50%) from $2.7B in Q2 FY26 to $1.3B in Q3 FY26.
UGI, Q3 FY26: revenue $1.3B (-4% year over year), operating margin -3.3%, net loss $133M, operating cash flow $242M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.2% | 18.4% | -17.2 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $2.7B | −$1.4B | -50% |
| Income tax benefit | $28.0M | −$140M | $168M | — |
| Net loss | $133M | −$520M | $653M | — |
| Costs & expenses | $1.5B | $2.7B | −$1.2B | -44% |
| Operating costs | $1.4B | $1.9B | −$552M | -29% |
| Interest & other, net | $117M | $98.0M | $19.0M | +19% |
| Cost of revenue | $758M | $1.2B | −$429M | -36% |
| SG&A | $491M | $559M | −$68.0M | -12% |
| Other operating costs | $126M | $181M | −$55.0M | -30% |
| Operating cash sources | $375M | $144M | $231M | +160% |
| Depreciation & amortization | $138M | $138M | $0 | 0% |
| Working capital & other | $237M | $6.0M | $231M | 40× |
| Net loss absorbed | $133M | −$520M | $653M | — |
| Operating cash flow | $242M | $664M | −$422M | -64% |
| Free cash flow (OCF − capex) | $16.0M | $494M | −$478M | -97% |
| Capital expenditures | $226M | $170M | $56.0M | +33% |
Questions
How much did UGI's revenue grow quarter over quarter in Q3 FY26?
UGI's revenue fell $1.4B (-50%) from $2.7B in Q2 FY26 to $1.3B in Q3 FY26.