Filing Flows › Xylem (XYL) › Q3 2026
Xylem (XYL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Xylem (XYL) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), -3% from a year earlier and -6% from the quarter before. Operating margin was 17.5%, net earnings $291M (13.2% of revenue).
Xylem, Q3 2026: revenue $2.2B (-3% year over year), operating margin 17.5%, net earnings $291M, operating cash flow $331M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -6% | -3% |
| Gross profit | $907M | -6% | +3% |
| Operating profit | $385M | -1% | +15% |
| Net earnings | $291M | +11% | +28% |
| Operating cash flow | $331M | +14% | -8% |
| Free cash flow | $242M | +20% | -14% |
What changed
Revenue was $2.2B in Q3 2026, down 3% year over year and down 6% from the previous quarter. Product was the largest line at 82% of revenue. Product lost $0.06B year over year (down 3%), 90% of the total change.
Gross margin was 41.2%, up 2.3 points from Q3 2025. Operating profit was $0.39B, a 17.5% margin (up 2.8 points year over year). Operating expenses fell 5% while revenue fell 3%. Net earnings were $0.29B, up 28% year over year ($0.29B including minority interests, which bore $3.0M of losses). The effective tax rate was 21.1%.
Operating cash flow was $0.33B (down 8% year over year), 115% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.09B left free cash flow of $0.24B.
Questions
What was Xylem's revenue in the third quarter 2026?
Xylem (XYL) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), -3% from a year earlier and -6% from the quarter before.
Was Xylem profitable in the third quarter 2026?
Operating profit was $385M (17.5% of revenue) and net earnings $291M.
Source: Xylem 10-Q on SEC EDGAR.