Filing Flows › Value Line (VALU) › Q3 FY26
Value Line (VALU) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 17, 2026
Value Line (VALU) reported revenue of $8.3M for the third quarter fiscal 2026 (Q3 FY26), -8% from a year earlier and -3% from the quarter before. Operating margin was 12.1%, net earnings $5.9M (71.4% of revenue).
Value Line, Q3 FY26: revenue $8.3M (-8% year over year), operating margin 12.1%, net earnings $5.9M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.3M | -3% | -8% |
| Operating profit | $1.0M | -34% | -36% |
| Net earnings | $5.9M | +4% | +14% |
| Operating cash flow | $5.3M | +79% | -23% |
What changed
Revenue was $8.3M in Q3 FY26, down 8% year over year and down 3% from the previous quarter. Subscription and Circulation was the largest line at 71% of revenue. Subscription and Circulation lost $424K year over year (down 7%), 61% of the total change.
Operating profit was $1.0M, a 12.1% margin (down 5.3 points year over year). Total costs fell 2% while revenue fell 8%. Net earnings were $5.9M, up 14% year over year. The effective tax rate was 25.6%. Non-operating items added $6.9M, 87% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.3M (down 23% year over year), 89% of net earnings. Non-cash charges added back $322K of depreciation and amortization. Working capital and other items used $943K.
Questions
What was Value Line's revenue in the third quarter fiscal 2026?
Value Line (VALU) reported revenue of $8.3M for the third quarter fiscal 2026 (Q3 FY26), -8% from a year earlier and -3% from the quarter before.
Was Value Line profitable in the third quarter fiscal 2026?
Operating profit was $1.0M (12.1% of revenue) and net earnings $5.9M.
Source: Value Line 10-Q on SEC EDGAR.