Brinks (BCO) Q3 FY2026 earnings: revenue $1.4 billion, up 3.0% on the year

Brinks Co. (BCO) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 3.0% on the same quarter a year earlier. Net income was $14 million, down 60.1% on the year, and diluted earnings per share $0.35. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$1.4 billion

+3.0% on the year · -1.3% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

9.5%

11.4% a year earlier

Q4 FY2024Q3 FY2026

Net income

$14 million

-60.1% on the year · -67.3% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.35

-59.3% on the year · -67.3% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 lowered, 3 new, 3 kept.

Revenue up 3%, organic growth 4%: Revenue was $1,375 million, up 3% reported and 4% organic, with constant-currency growth of 2%. AMS/DRS organic growth was over 16%.
AMS and DRS growth accelerated: Management said AMS and DRS growth accelerated sequentially despite economic conditions in many of its larger markets.
Adjusted EBITDA up 8%: Adjusted EBITDA was $274 million, up 8%. GAAP net income attributable to Brink's was $15 million, down 60%.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	1,375	1,392	1,335	-1.3%	+3.0%
Cost of revenue	1,040	1,026	990	+1.4%	+5.0%
Gross profit	334	366	345	-8.7%	-3.0%
Gross margin	24.3%	26.3%	25.8%
Operating income	131	133	152	-1.7%	-14.0%
Operating margin	9.5%	9.6%	11.4%
Interest expense	66.0	62.9	63.4	+4.9%	+4.1%
Pre-tax income	40.3	67.9	90.5	-40.6%	-55.5%
Income tax	23.7	20.5	53.0	+15.6%	-55.3%
Effective tax rate	58.8%	30.2%	58.6%
Net income	14.5	44.4	36.3	-67.3%	-60.1%
Net margin	1.1%	3.2%	2.7%
Diluted EPS	$0.35	$1.07	$0.86	-67.3%	-59.3%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	89.6	36.5	122	+145.5%	-26.6%
Capital expenditure	37.2	34.8	44.7	+6.9%	-16.8%
Free cash flow	52.4	1.7	77.4	+2,982.4%	-32.3%
Free cash flow margin	3.8%	0.1%	5.8%
Cash from investing	-98.8	-28.0	-42.0
Cash from financing	-111	46.6	-178
Depreciation and amortisation	76.0	79.1	78.2	-3.9%	-2.8%
Share-based compensation	8.3	8.3	5.9	0.0%	+40.7%
Buybacks	0.0	0.0	23.6
Dividends paid	10.5	10.5	10.6	0.0%	-0.9%
Dividend per share	$0.26	$0.26	$0.26	0.0%	0.0%
Diluted shares, weighted	42m	42m	42m	0.0%	-1.4%
Shares outstanding at period end	41m	41m	42m	0.0%	-1.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	299	310	268	-3.6%	+11.5%
Non-controlling interest	84.7	132	128	-35.8%	-33.8%
Debt	4,155	4,242	3,991	-2.1%	+4.1%
Operating lease liabilities	317	313	328	+1.1%	-3.5%
Other liabilities	2,289	2,333	2,238	-1.9%	+2.3%
Total liabilities and equity	7,144	7,331	6,953	-2.6%	+2.8%
Fixed assets	1,031	1,091	1,081	-5.5%	-4.6%
Goodwill	1,494	1,505	1,515	-0.8%	-1.4%
Cash and equivalents	1,563	1,658	1,340	-5.7%	+16.6%
Receivables	862	866	801	-0.4%	+7.6%
Other assets	2,194	2,211	2,216	-0.8%	-1.0%
Total assets	7,144	7,331	6,953	-2.6%	+2.8%

Questions

What was Brinks' revenue in Q3 FY2026?

Brinks (BCO) reported revenue of $1.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 3.0% on the same quarter a year earlier.

How much did Brinks earn in Q3 FY2026?

Net income for Q3 FY2026 was $14 million, down 60.1% on the year, and diluted earnings per share $0.35.

When did Brinks report Q3 FY2026 results?

Brinks filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,098	1,074	1,134	1,137	1,191	1,185	1,216	1,227	1,246	1,236	1,253	1,258	1,264	1,247	1,300	1,335	1,379	1,375	1,392	1,375
Cost of revenue	820	840	868	881	874	920	944	921	922	927	938	944	934	940	977	990	997	1,019	1,026	1,040
Gross profit	278	234	266	256	317	265	272	306	324	309	315	315	330	307	324	345	382	356	366	334
Gross margin	25%	22%	23%	23%	27%	22%	22%	25%	26%	25%	25%	25%	26%	25%	25%	26%	28%	26%	26%	24%
Operating income	146	62.4	96.5	59.5	143	79.8	106	138	102	121	116	112	104	119	134	152	180	110	133	131
Operating margin	13%	6%	9%	5%	12%	7%	9%	11%	8%	10%	9%	9%	8%	10%	10%	11%	13%	8%	10%	10%
Interest expense	29.2	27.9	32.4	34.7	43.8	46.6	51.1	53.8	52.3	55.8	56.5	63.0	60.1	57.5	60.9	63.4	63.7	63.5	62.9	66.0
Pre-tax income	111	33.2	67.5	31.1	94.4	37.9	58.6	86.8	52.5	78.4	72.0	59.1	56.8	69.5	74.8	90.5	119	45.8	67.9	40.3
Tax rate	55%	-124%	43%	27%	47%	54%	40%	43%	111%	33%	31%	46%	30%	22%	36%	59%	40%	24%	30%	59%
Net income	49.6	71.3	35.1	19.2	45.0	15.0	32.1	45.6	-5.0	49.3	46.2	28.9	38.5	51.6	43.7	36.3	68.1	32.1	44.4	14.5
Net margin	5%	7%	3%	2%	4%	1%	3%	4%	-0%	4%	4%	2%	3%	4%	3%	3%	5%	2%	3%	1%
Diluted EPS	$1.00	$1.48	$0.73	$0.40	$0.96	$0.32	$0.68	$0.97	-$0.10	$1.09	$1.02	$0.65	$0.87	$1.18	$1.03	$0.86	$1.62	$0.77	$1.07	$0.35
Operating cash flow	204	-76.3	117	159	279	-45.1	150	n/a	n/a	n/a	n/a	58.4	n/a	-60.2	204	122	n/a	28.7	36.5	89.6
Capital expenditure	54.2	37.0	46.4	48.1	51.1	45.2	44.2	43.7	69.6	52.2	56.7	51.0	62.6	58.9	51.8	44.7	47.7	40.1	34.8	37.2
Free cash flow	150	-113	71.0	111	228	-90.3	106	n/a	n/a	n/a	n/a	7.4	n/a	-119	152	77.4	n/a	-11.4	1.7	52.4
Buybacks	n/a	0.0	0.0	27.3	24.9	16.0	1.5	88.2	64.2	23.0	42.7	59.6	78.3	44.8	85.2	23.6	55.8	30.2	0.0	0.0
Dividends paid	9.9	9.5	9.4	9.4	9.3	9.3	10.2	10.2	9.9	9.8	10.8	10.7	10.5	10.4	10.7	10.6	10.6	10.5	10.5	10.5
Shares outstanding	47m	48m	47m	47m	46m	46m	46m	45m	44m	45m	44m	44m	43m	43m	42m	42m	41m	41m	41m	41m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.