Q3 net revenue reached $8.8 billion, up 12% year-over-year, with broad-based strength across segments and strong AI infrastructure demand.
Core operating margin was 5.8%, and core diluted EPS was $3.16 for the quarter, both exceeding expectations.
Diversified business model and portfolio contributed to resilience and sustainable growth, with notable performance in Intelligent Infrastructure and Regulated Industries.
Growth was also supported by improved Automotive and Connected Living segments.
Major acquisitions, including Hanley Energy Group and Rebound Technologies, expanded capabilities in data center infrastructure and supply chain services.
Q3 revenue was $8.8 billion, up from $7.8 billion year-over-year; GAAP operating income was $445 million, core operating income $504 million.
GAAP diluted EPS was $2.59; core diluted EPS was $3.16, up 24% year-over-year.
Free cash flow for Q3 was $359 million; cash flow from operations was $535 million.
Gross profit margin improved to 9.5% for the quarter; operating margin (GAAP) was 5.1%, core operating margin 5.8%.
Cash and cash equivalents at quarter-end were $1.36 billion.
Q4 revenue expected between $9.2 billion and $10 billion, with core operating income projected at $589 million–$649 million and core EPS $3.80–$4.20.
Fiscal 2026 outlook raised: revenue $35 billion, core operating margin 5.8%, core EPS $12.70, adjusted free cash flow over $1.4 billion.
AI-related revenue for FY26 now expected at $13.6 billion, up from $9 billion in FY25; similar growth rate anticipated for FY27 with margin expected to exceed 6%.
Capital expenditures for FY26 expected at 1.0%–1.5% of net revenue; for FY27, 1.5%–2.0%.
No material impact expected from recent U.S. tax legislation or global minimum tax changes for the remainder of FY26.
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Explore our global coverage