Filing Flows › Zurn Elkay Water Solutions (ZWS) › Q3 2026
Zurn Elkay Water Solutions (ZWS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Zurn Elkay Water Solutions (ZWS) reported revenue of $495M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +0.8% from the quarter before. Operating margin was 21.9%, net earnings $76.3M (15.4% of revenue).
Zurn Elkay Water Solutions, Q3 2026: revenue $495M (+9% year over year), operating margin 21.9%, net earnings $76.3M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $495M | +0.8% | +9% |
| Gross profit | $246M | -15% | +22% |
| Operating profit | $108M | -29% | +40% |
| Net earnings | $76.3M | -33% | +23% |
| Operating cash flow | $112M | -31% | +11% |
| Free cash flow | $110M | — | +17% |
What changed
Revenue was $495.1M in Q3 2026, up 9% year over year and up 1% from the previous quarter.
Gross margin was 49.6%, up 5.6 points from Q3 2025. Operating profit was $108.2M, a 21.9% margin (up 4.8 points year over year). Of the extra revenue versus Q3 2025, 77% reached operating profit, above the 17% margin then. Operating expenses grew 12% against revenue growth of 9%. The fastest-growing cost line was SG&A (+13%). Net earnings were $76.3M, up 23% year over year. The effective tax rate was 25.8%.
Operating cash flow was $112.2M (up 11% year over year), 147% of net earnings. Non-cash charges added back $21.5M of depreciation and amortization and $10.6M of share-based compensation. After expenditures for property, plant and equipment, net ($2.6M), free cash flow as the company reports it was $109.6M.
Questions
What was Zurn Elkay Water Solutions' revenue in the third quarter 2026?
Zurn Elkay Water Solutions (ZWS) reported revenue of $495M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +0.8% from the quarter before.
Was Zurn Elkay Water Solutions profitable in the third quarter 2026?
Operating profit was $108M (21.9% of revenue) and net earnings $76.3M.