Cintas (CTAS) Q3 FY2026 earnings: revenue $2.8 billion, up 8.9% on the year
Cintas Corp. (CTAS) reported revenue of $2.8 billion for Q3 FY2026, the quarter ended 28 February 2026, up 8.9% on the same quarter a year earlier. Net income was $502 million, up 8.4% on the year, and diluted earnings per share $1.24. The figures are the company's own, from the 10-Q it filed with the SEC on 7 April 2026.
Revenue
$2.8 billion
+8.9% on the year · +1.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
23.2%
23.4% a year earlier
Q4 FY2024Q3 FY2026
Net income
$502 million
+8.4% on the year · +1.4% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$1.24
+9.7% on the year · +2.5% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Revenue up 8.9%, organic 8.2%: Revenue was $2.84 billion, up 8.9% from $2.61 billion a year earlier. Organic growth, which excludes acquisitions and currency effects, was 8.2%.
Diluted EPS rose to $1.24: Diluted EPS was $1.24, up 9.7% from $1.13 a year earlier.
Gross margin hit 51.0%, all-time high: Gross margin was $1.45 billion, up 9.8%. As a share of revenue it rose 40 basis points to 51.0%, which the release describes as an all-time high.
$ million except per share. Read moreFree 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
Last 8 quarters
Operating cash flow
621
531
622
+17.0%
-0.1%
Capital expenditure
90.9
106
99.9
-14.5%
-9.0%
Free cash flow
531
425
522
+24.8%
+1.6%
Free cash flow margin
18.7%
15.2%
20.0%
Cash from investing
-101
-193
-125
Cash from financing
-540
-275
-374
Depreciation and amortisation
129
128
126
+0.9%
+2.5%
Share-based compensation
34.2
32.4
31.8
+5.9%
+7.7%
Buybacks
31.6
636
26.6
-95.0%
+18.6%
Dividends paid
181
182
158
-0.9%
+14.3%
Dividend per share
$0.45
$0.45
$0.39
0.0%
+15.4%
Diluted shares, weighted
405m
406m
410m
-0.4%
-1.4%
Shares outstanding at period end
400m
400m
404m
+0.0%
-0.9%
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
Last 8 quarters
Shareholders' equity
4,788
4,455
4,592
+7.5%
+4.3%
Debt
2,657
2,977
2,487
-10.8%
+6.8%
Operating lease liabilities
207
207
166
+0.1%
+25.1%
Other liabilities
2,581
2,493
2,367
+3.5%
+9.1%
Total liabilities and equity
10,234
10,133
9,611
+1.0%
+6.5%
Fixed assets
1,717
1,703
1,610
+0.8%
+6.6%
Goodwill
3,499
3,484
3,354
+0.4%
+4.3%
Intangible assets
691
698
692
-0.9%
-0.2%
Cash and equivalents
183
201
243
-8.8%
-24.7%
Receivables
1,543
1,484
1,398
+4.0%
+10.4%
Inventory
451
448
421
+0.6%
+7.1%
Other assets
2,150
2,116
1,893
+1.6%
+13.6%
Total assets
10,234
10,133
9,611
+1.0%
+6.5%
Questions
What was Cintas' revenue in Q3 FY2026?
Cintas (CTAS) reported revenue of $2.8 billion for Q3 FY2026, the quarter ended 28 February 2026, up 8.9% on the same quarter a year earlier.
How much did Cintas earn in Q3 FY2026?
Net income for Q3 FY2026 was $502 million, up 8.4% on the year, and diluted earnings per share $1.24.
When did Cintas report Q3 FY2026 results?
Cintas filed its 10-Q for the quarter ended 28 February 2026 with the SEC on 7 April 2026.
Each quarter as filed, linked to its filing. Read more* 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. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS 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 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 28 February 2026, filed 7 April 2026: the filing.