Reynolds Consumer Products (REYN) Q3 FY2026 earnings: revenue $944 million, up 1.4% on the year

Reynolds Consumer Products Inc. (REYN) reported revenue of $944 million for Q3 FY2026, the quarter ended 30 September 2026, up 1.4% on the same quarter a year earlier. Net income was $58 million, down 26.6% on the year, and diluted earnings per share $0.28. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$944 million

+1.4% on the year · 0.0% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

n/a

Q4 FY2024Q3 FY2026

Net income

$58 million

-26.6% on the year · -34.8% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.28

-26.3% on the year · -33.3% on the quarter

Q4 FY2024Q3 FY2026

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

What management said

Guidance figures: 1 raised, 3 lowered, 7 new, 6 kept.

Revenue edged up, earnings fell: Net revenues were $944 million against $931 million a year earlier. Net income fell to $58 million from $79 million, and diluted EPS to $0.28 from $0.38.
Adjusted EBITDA down on lower volume: Adjusted EBITDA was $163 million against $168 million. The company attributed the decline mainly to 7% lower retail volumes and higher SG&A as it reinvested.
Full-year guidance adjusted in Q3: Net income and diluted EPS guidance were lowered after third-quarter adjustments, while adjusted net income guidance was raised and adjusted EPS and EBITDA ranges held.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	944	944	931	0.0%	+1.4%
Cost of revenue	708	699	698	+1.3%	+1.4%
Gross profit	236	245	233	-3.7%	+1.3%
Gross margin	25.0%	26.0%	25.0%
Selling, general and administrative	106	107	99.0	-0.9%	+7.1%
Interest expense	22.0	22.0	21.0	0.0%	+4.8%
Pre-tax income	76.0	116	102	-34.5%	-25.5%
Income tax	18.0	27.0	23.0	-33.3%	-21.7%
Effective tax rate	23.7%	23.3%	22.5%
Net income	58.0	89.0	79.0	-34.8%	-26.6%
Net margin	6.1%	9.4%	8.5%
Diluted EPS	$0.28	$0.42	$0.38	-33.3%	-26.3%

$ 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	51.0	102	93.0	-50.0%	-45.2%
Capital expenditure	42.0	57.0	45.0	-26.3%	-6.7%
Free cash flow	9.0	45.0	48.0	-80.0%	-81.2%
Free cash flow margin	1.0%	4.8%	5.2%
Cash from investing	-42.0	-57.0	-45.0
Cash from financing	-50.0	-50.0	-52.0
Depreciation and amortisation	33.0	33.0	34.0	0.0%	-2.9%
Share-based compensation	2.0	4.0	7.0	-50.0%	-71.4%
Dividends paid	49.0	48.0	48.0	+2.1%	+2.1%
Dividend per share	$0.23	$0.23	$0.23	0.0%	0.0%
Diluted shares, weighted	212m	212m	210m	-0.0%	+0.7%
Shares outstanding at period end	210m	211m	210m	-0.2%	0.0%

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	2,332	2,310	2,180	+1.0%	+7.0%
Debt	1,531	1,530	1,629	+0.1%	-6.0%
Operating lease liabilities	83.0	91.0	86.0	-8.8%	-3.5%
Other liabilities	1,163	1,148	1,001	+1.3%	+16.2%
Total liabilities and equity	5,109	5,079	4,896	+0.6%	+4.4%
Fixed assets	862	855	801	+0.8%	+7.6%
Goodwill	1,895	1,895	1,895	0.0%	0.0%
Intangible assets	926	931	951	-0.5%	-2.6%
Cash and equivalents	25.0	66.0	53.0	-62.1%	-52.8%
Receivables	343	357	351	-3.9%	-2.3%
Inventory	775	718	639	+7.9%	+21.3%
Other assets	283	257	206	+10.1%	+37.4%
Total assets	5,109	5,079	4,896	+0.6%	+4.4%

Questions

What was Reynolds Consumer Products' revenue in Q3 FY2026?

Reynolds Consumer Products (REYN) reported revenue of $944 million for Q3 FY2026, the quarter ended 30 September 2026, up 1.4% on the same quarter a year earlier.

How much did Reynolds Consumer Products earn in Q3 FY2026?

Net income for Q3 FY2026 was $58 million, down 26.6% on the year, and diluted earnings per share $0.28.

When did Reynolds Consumer Products report Q3 FY2026 results?

Reynolds Consumer Products 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	1,021	845	917	967	1,088	874	940	935	1,007	833	930	910	1,022	818	938	931	1,034	877	944	944
Cost of revenue	792	677	733	789	842	719	712	686	697	632	674	671	740	629	712	698	768	670	699	708
Gross profit	229	168	184	178	246	155	228	249	310	201	256	239	282	189	226	233	266	207	245	236
Gross margin	22%	20%	20%	18%	23%	18%	24%	27%	31%	24%	28%	26%	28%	23%	24%	25%	26%	24%	26%	25%
SG&A	76.0	83.0	91.0	90.0	76.0	105	107	115	103	111	116	101	101	104	96.0	99.0	83.0	109	107	106
Interest expense	12.0	12.0	16.0	20.0	28.0	29.0	31.0	31.0	28.0	25.0	25.0	25.0	23.0	21.0	22.0	21.0	22.0	21.0	22.0	22.0
Pre-tax income	138	68.0	70.0	63.0	137	23.0	89.0	103	178	65.0	115	113	158	42.0	96.0	102	153	77.0	116	76.0
Tax rate	25%	24%	26%	24%	23%	26%	26%	24%	23%	25%	16%	24%	24%	26%	24%	23%	23%	23%	23%	24%
Net income	104	52.0	52.0	48.0	106	17.0	66.0	78.0	137	49.0	97.0	86.0	120	31.0	73.0	79.0	118	59.0	89.0	58.0
Net margin	10%	6%	6%	5%	10%	2%	7%	8%	14%	6%	10%	9%	12%	4%	8%	8%	11%	7%	9%	6%
Diluted EPS	$0.50	$0.25	$0.25	$0.23	$0.51	$0.08	$0.32	$0.37	$0.65	$0.23	$0.46	$0.41	$0.58	$0.15	$0.35	$0.38	$0.56	$0.28	$0.42	$0.28
Operating cash flow	188	19.0	82.0	17.0	101	88.0	119	216	221	99.0	84.0	124	182	56.0	91.0	93.0	237	71.0	102	51.0
Capital expenditure	40.0	28.0	28.0	30.0	42.0	22.0	29.0	26.0	27.0	29.0	19.0	31.0	41.0	39.0	40.0	45.0	37.0	44.0	57.0	42.0
Free cash flow	148	-9.0	54.0	-13.0	59.0	66.0	90.0	190	194	70.0	65.0	93.0	141	17.0	51.0	48.0	200	27.0	45.0	9.0
Dividends paid	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	48.0	49.0
Shares outstanding	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	210m	211m	211m	210m
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. 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. 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.