W.W. Grainger (GWW) Q3 FY2026 earnings: revenue $5.2 billion, up 11.3% on the year
W.W. Grainger, Inc. (GWW) reported revenue of $5.2 billion for Q3 FY2026, the quarter ended 30 September 2026, up 11.3% on the same quarter a year earlier. Net income was $587 million, up 99.7% on the year, and diluted earnings per share $12.42. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$5.2 billion
+11.3% on the year · +3.2% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
16.0%
11.0% a year earlier
Q4 FY2024Q3 FY2026
Net income
$587 million
+99.7% on the year · +3.0% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$12.42
+102.9% on the year · +3.4% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
Sales rose 11.3%, 14.9% organic: Sales were $5.2 billion, up 11.3% reported and up 14.9% on a daily, organic constant currency basis compared with the third quarter of 2025.
Adjusted operating margin rose 90 bps: Adjusted operating margin was 16.1%, up 90 basis points, on sales leverage in both segments and a benefit from the U.K. exit. Reported margin was 16.0%, up 500 basis points.
High-Touch N.A. sales up 13.8%: High-Touch Solutions - N.A. sales rose 13.8% on both reported and daily constant currency bases, driven by double-digit volume growth and continued price inflation.
$ 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
661
444
597
+48.9%
+10.7%
Capital expenditure
115
111
258
+3.6%
-55.4%
Free cash flow
546
333
339
+64.0%
+61.1%
Free cash flow margin
10.5%
6.6%
7.3%
Cash from investing
-334
-116
-260
Cash from financing
-153
-428
-398
Depreciation and amortisation
85.0
85.0
84.0
0.0%
+1.2%
Share-based compensation
19.0
25.0
14.0
-24.0%
+35.7%
Buybacks
278
224
291
+24.1%
-4.5%
Dividends paid
145
145
133
0.0%
+9.0%
Dividend per share
$2.49
$2.49
$2.26
0.0%
+10.2%
Diluted shares, weighted
47m
47m
48m
-0.2%
-1.7%
Shares outstanding at period end
47m
47m
48m
-0.6%
-1.5%
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
4,341
4,131
3,561
+5.1%
+21.9%
Non-controlling interest
397
382
400
+3.9%
-0.8%
Debt
2,685
2,408
2,369
+11.5%
+13.3%
Operating lease liabilities
310
317
275
-2.2%
+12.7%
Other liabilities
2,395
2,380
2,243
+0.6%
+6.8%
Total liabilities and equity
10,128
9,618
8,848
+5.3%
+14.5%
Fixed assets
2,488
2,401
2,237
+3.6%
+11.2%
Goodwill
521
354
361
+47.2%
+44.3%
Intangible assets
327
272
264
+20.2%
+23.9%
Cash and equivalents
768
589
535
+30.4%
+43.6%
Receivables
2,877
2,825
2,408
+1.8%
+19.5%
Inventory
2,303
2,371
2,275
-2.9%
+1.2%
Other assets
844
806
768
+4.7%
+9.9%
Total assets
10,128
9,618
8,848
+5.3%
+14.5%
Questions
What was W.W. Grainger's revenue in Q3 FY2026?
W.W. Grainger (GWW) reported revenue of $5.2 billion for Q3 FY2026, the quarter ended 30 September 2026, up 11.3% on the same quarter a year earlier.
How much did W.W. Grainger earn in Q3 FY2026?
Net income for Q3 FY2026 was $587 million, up 99.7% on the year, and diluted earnings per share $12.42.
When did W.W. Grainger report Q3 FY2026 results?
W.W. Grainger filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 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 4 November 2026: the filing.