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Eastman Kodak (KODK) Q3 FY2026 earnings: revenue $276 million, up 2.6% on the year

Eastman Kodak Co. (KODK) reported revenue of $276 million for Q3 FY2026, the quarter ended 30 September 2026, up 2.6% on the same quarter a year earlier. Net income was $21 million, up 61.5% on the year, and diluted earnings per share $0.18. The figures are the company's own, from the 10-Q it filed with the SEC on 3 November 2026.

Revenue
$276 million
+2.6% on the year · -11.3% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
5.4%
7.1% a year earlier
Q4 FY2024Q3 FY2026
Net income
$21 million
+61.5% on the year · +23.5% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$0.18
+38.5% on the quarter
Q4 FY2024Q3 FY2026

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

What management said

  • Revenue and gross profit rose: Revenue rose $7 million to $276 million, and gross profit rose $5 million to $73 million. GAAP net income was $21 million, against $13 million a year earlier.
  • Operational EBITDA rose on pricing: Operational EBITDA rose $2 million to $31 million, which the company attributed to improved pricing and higher volume.
  • AM&C grew fastest and led gains: AM&C revenue rose $17 million to $99 million, and its operational EBITDA rose $5 million to $21 million, the largest segment gain.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue276311269-11.3%+2.6%
Cost of revenue203229201-11.4%+1.0%
Gross profit73.082.068.0-11.0%+7.4%
Gross margin26.4%26.4%25.3%
Research and development8.09.07.0-11.1%+14.3%
Selling, general and administrative50.053.041.0-5.7%+22.0%
Operating income15.015.019.00.0%-21.1%
Operating margin5.4%4.8%7.1%
Interest expense3.06.018.0-50.0%-83.3%
Pre-tax income24.021.016.0+14.3%+50.0%
Income tax3.04.03.0-25.0%0.0%
Effective tax rate12.5%19.0%18.8%
Net income21.017.013.0+23.5%+61.5%
Net margin7.6%5.5%4.8%
Diluted EPS$0.18$0.13-$0.08+38.5%
$ 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

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow25.05.021.0+400.0%+19.0%
Capital expenditure7.05.04.0+40.0%+75.0%
Free cash flow18.00.017.0+5.9%
Free cash flow margin6.5%0.0%6.3%
Cash from investing1.036.0-4.0-97.2%
Cash from financing-2.0-52.01.0
Depreciation and amortisation7.06.07.0+16.7%0.0%
Share-based compensation8.09.01.0-11.1%+700.0%
Buybacks0.02.00.0
Dividends paid2.01.00.0+100.0%
Diluted shares, weighted103m103m90m0.0%+14.5%
Shares outstanding at period end98m98m96m+0.2%+1.8%

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

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity654623762+5.0%-14.2%
Redeemable equityn/an/a99.0
Debt1101105070.0%-78.3%
Operating lease liabilities25.027.030.0-7.4%-16.7%
Other liabilities750767677-2.2%+10.8%
Total liabilities and equity1,5391,5272,075+0.8%-25.8%
Fixed assets1961961980.0%-1.0%
Goodwill12.012.012.00.0%0.0%
Intangible assets17.017.017.00.0%0.0%
Investments26.027.0n/a-3.7%
Cash and equivalents317290168+9.3%+88.7%
Receivables134149146-10.1%-8.2%
Inventory261253236+3.2%+10.6%
Other assets5765831,298-1.2%-55.6%
Total assets1,5391,5272,075+0.8%-25.8%

Questions

What was Eastman Kodak's revenue in Q3 FY2026?

Eastman Kodak (KODK) reported revenue of $276 million for Q3 FY2026, the quarter ended 30 September 2026, up 2.6% on the same quarter a year earlier.

How much did Eastman Kodak earn in Q3 FY2026?

Net income for Q3 FY2026 was $21 million, up 61.5% on the year, and diluted earnings per share $0.18.

When did Eastman Kodak report Q3 FY2026 results?

Eastman Kodak filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 3 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue307290321289305278295269275249267261266247263269290265311276
Cost of revenue274257270246262228232219228200209216215201212201223208229203
Gross profit33.033.051.043.043.050.063.050.047.049.058.045.051.046.051.068.067.057.082.073.0
Gross margin11%11%16%15%14%18%21%19%17%20%22%17%19%19%19%25%23%22%26%26%
R&D9.09.09.08.08.09.09.07.09.09.08.08.08.09.09.07.08.08.09.08.0
SG&A46.043.041.039.030.034.040.040.045.045.047.044.043.045.041.041.047.048.053.050.0
Operating income-27.0-19.01.0-7.0-1.05.010.02.0-13.07.02.0-8.0-8.0-13.0-5.019.0-1.0-1.015.015.0
Operating margin-9%-7%0%-2%-0%2%3%1%-5%3%1%-3%-3%-5%-2%7%-0%-0%5%5%
Interest expense10.09.010.010.011.011.011.014.016.015.015.014.015.014.015.018.015.06.06.03.0
Pre-tax income-7.0-1.019.03.010.041.037.00.09.035.027.021.027.0-5.0-24.016.0-99.0-13.021.024.0
Tax raten/an/a-5%33%30%20%5%n/a44%9%4%14%4%n/an/a19%n/an/a19%12%
Net income-6.0-3.020.02.07.033.035.02.05.032.026.018.026.0-7.0-26.013.0-108-16.017.021.0
Net margin-2%-1%6%1%2%12%12%1%2%13%10%7%10%-3%-10%5%-37%-6%5%8%
Diluted EPS-$0.11-$0.08$0.19-$0.01n/a$0.30$0.32$0.00n/a$0.30$0.23$0.15n/a-$0.12-$0.36-$0.08-$1.22-$0.21$0.13$0.18
Operating cash flow-14.0-43.0-60.0-27.014.014.07.00.017.017.0-7.0-21.04.0-38.08.021.0489-30.05.025.0
Capital expenditure11.05.04.010.012.05.06.04.017.010.09.020.017.012.012.04.06.06.05.07.0
Free cash flow-25.0-48.0-64.0-37.02.09.01.0-4.00.07.0-16.0-41.0-13.0-50.0-4.017.0483-36.00.018.0
Buybacksn/an/an/an/an/an/an/a0.0n/an/an/a0.0n/a1.01.00.05.00.02.00.0
Dividends paid1.01.01.0n/an/a1.01.01.01.01.01.01.01.01.01.00.00.03.01.02.0
Shares outstanding79m79m79m79m79m79m79m80m80m80m80m80m80m81m81m96m97m98m98m98m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
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 blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. 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 3 November 2026: the filing.