Filing Flows › Unitil (UTL) › Q3 2026
Unitil (UTL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Unitil (UTL) reported revenue of $113M for the third quarter 2026 (Q3 2026), +11% from a year earlier and -4% from the quarter before. Operating margin was 6.0%, net loss $1.5M (1.3% of revenue).
Unitil, Q3 2026: revenue $113M (+11% year over year), operating margin 6.0%, net loss $1.5M, operating cash flow $35.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | -4% | +11% |
| Operating profit | $6.8M | -56% | -3% |
| Net earnings | −$1.5M | -132% | — |
| Operating cash flow | $35.0M | -37% | +124% |
What changed
Revenue was $112.6M in Q3 2026, up 11% year over year and down 4% from the previous quarter. Electric was the largest line at 61% of revenue. Electric added $4.3M year over year (up 7%), 37% of the total change.
Operating profit was $6.8M, a 6.0% margin (down 0.9 points year over year). Operating profit fell $200K even though revenue rose $11.5M versus Q3 2025, so costs grew faster than sales. Total costs grew 12% against revenue growth of 11%. The quarter ended with a net loss of $1.5M, after a profit of $4.7M the previous quarter. Net interest and other expense of $10.0M was the main reason.
Operating cash flow was $35.0M (up 124% year over year). Working capital and other items added $36.5M. Capital expenditures of $68.4M exceeded it, leaving free cash flow of −$33.4M.
Questions
What was Unitil's revenue in the third quarter 2026?
Unitil (UTL) reported revenue of $113M for the third quarter 2026 (Q3 2026), +11% from a year earlier and -4% from the quarter before.
Was Unitil profitable in the third quarter 2026?
Operating profit was $6.8M (6.0% of revenue) and net loss $1.5M.
Source: Unitil 10-Q on SEC EDGAR.