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Wafd (WAFD) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Aug 4, 2026

Wafd (WAFD) reported revenue of $206M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and +4% from the quarter before. Operating margin was 41.0%, net earnings $66.1M (32.2% of revenue).

Revenue$206M
Year over year+10%
Quarter over quarter+4%
Operating margin41.0%
Net earnings$66.1M

Wafd, Q3 FY26: revenue $206M (+10% year over year), operating margin 41.0%, net earnings $66.1M, operating cash flow $70.3M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$206M+4%+10%
Operating profit$84.3M+0.6%+6%
Net earnings$66.1M+0.9%+7%
Operating cash flow$70.3M-11%+21%
Free cash flow$63.4M-7%+19%

What changed

Revenue was $205.5M in Q3 FY26, up 10% year over year and up 4% from the previous quarter.

Operating profit was $84.3M, a 41.0% margin (down 1.8 points year over year). Of the extra revenue versus Q3 FY25, 24% reached operating profit, below the 43% margin then. Total costs grew 14% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+398%). Net earnings were $66.1M, up 7% year over year. The effective tax rate was 21.6%.

Operating cash flow was $70.3M (up 21% year over year), 106% of net earnings. Non-cash charges added back $6.0M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $4.3M. Capital expenditures of $6.9M left free cash flow of $63.4M.

Questions

What was Wafd's revenue in the third quarter fiscal 2026?

Wafd (WAFD) reported revenue of $206M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and +4% from the quarter before.

Was Wafd profitable in the third quarter fiscal 2026?

Operating profit was $84.3M (41.0% of revenue) and net earnings $66.1M.

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Source: Wafd 10-Q on SEC EDGAR.