Ferguson Enterprises (FERG) Q3 FY2026 earnings: revenue $9.0 billion, up 9.5% on the year
Ferguson Enterprises Inc. (FERG) reported revenue of $9.0 billion for Q3 FY2026, the quarter ended 30 September 2026, up 9.5% on the same quarter a year earlier as this quarter's filing gives it. Net income was $598 million, down 6.3% on the year as this quarter's filing gives it, and diluted earnings per share $3.08. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.
Revenue
$9.0 billion
+3.1% on the quarter
Q3 FY2024Q3 FY2026
Operating margin
9.8%
Q3 FY2024Q3 FY2026
Net income
$598 million
-10.2% on the quarter
Q3 FY2024Q3 FY2026
Diluted EPS
$3.08
-10.2% on the quarter
Q3 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 raised, 2 narrowed, 1 kept.
Sales rose 9.5% on organic growth: Net sales reached $9.0 billion, up 9.5%. Organic growth contributed 7.0% and acquisitions 2.7%, partly offset by a 0.2% divestment effect in Canada.
Diluted EPS down, adjusted EPS up: Reported diluted EPS was $3.08, down 4.9%, reflecting the timing of tax benefits in the prior-year period. Adjusted diluted EPS was $3.43, up 7.9%, on higher adjusted operating profit.
Non-residential sales up 15%: Non-residential sales grew 15%, which management attributed to scale, expertise, the multi-customer group approach and value-added solutions in a mixed market.
$ 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
A year earlier
On the quarter
On the year
Last 8 quarters
Operating cash flow
756
-56.0
n/a
Capital expenditure
108
142
n/a
-23.9%
Free cash flow
648
-198
n/a
Free cash flow margin
7.2%
-2.3%
n/a
Cash from investing
-1,797
-706
n/a
Cash from financing
1,085
396
n/a
+174.0%
Depreciation and amortisation
116
99.0
n/a
+17.2%
Share-based compensation
30.0
20.0
n/a
+50.0%
Buybacks
0.0
202
n/a
Dividends paid
172
173
n/a
-0.6%
Dividend per share
$0.89
$0.89
n/a
0.0%
Diluted shares, weighted
194m
194m
n/a
-0.1%
Shares outstanding at period end
194m
193m
n/a
+0.1%
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
A year earlier
On the quarter
On the year
Last 8 quarters
Shareholders' equity
6,659
6,201
n/a
+7.4%
Debt
6,170
4,904
n/a
+25.8%
Operating lease liabilities
1,521
1,506
n/a
+1.0%
Other liabilities
6,861
6,692
n/a
+2.5%
Total liabilities and equity
21,211
19,303
n/a
+9.9%
Fixed assets
2,070
2,016
n/a
+2.7%
Goodwill
3,375
2,713
n/a
+24.4%
Intangible assets
1,778
950
n/a
+87.2%
Cash and equivalents
476
437
n/a
+8.9%
Receivables
4,455
4,255
n/a
+4.7%
Inventory
5,215
5,101
n/a
+2.2%
Other assets
3,842
3,831
n/a
+0.3%
Total assets
21,211
19,303
n/a
+9.9%
Questions
What was Ferguson Enterprises' revenue in Q3 FY2026?
Ferguson Enterprises (FERG) reported revenue of $9.0 billion for Q3 FY2026, the quarter ended 30 September 2026, up 9.5% on the same quarter a year earlier as the company restated it.
How much did Ferguson Enterprises earn in Q3 FY2026?
Net income for Q3 FY2026 was $598 million, down 6.3% on the year, and diluted earnings per share $3.08.
When did Ferguson Enterprises report Q3 FY2026 results?
Ferguson Enterprises filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 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 30 September 2026, filed 9 November 2026: the filing.