CF Industries Q3 FY2026: sales up 12.1%, EPS misses at $2.87
CF Industries beat on revenue but not on earnings: $1.86 billion of sales was up 12.1% year over year, while $2.87 of diluted EPS came in below the $3.02 consensus. The quarter reads best as a step down from an exceptional second quarter rather than a break in the year's trend: gross margin of 38.7% still edged out last year's 38.1%, and adjusted EBITDA of $833 million rose from $667 million.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $2.87 was up from $2.19 a year earlier but landed $0.15 short of the $3.02 consensus, a 5.0% miss. Net income of $436 million is what remained after $99 million of income tax, and the nine-month figure of $11.60 per share against $6.39 shows how much of the year's profit was already banked before this quarter. The cleanest read on the shortfall is operating income, which fell to $701 million from $1.121 billion in the second quarter.
Net sales of $1.86 billion were up 12.1% from $1.659 billion a year earlier, and gross profit rose to $720 million from $632 million. Gross margin of 38.7% was slightly better than the 38.1% posted in the prior-year quarter. Sequentially, though, both sales and margin fell from the second quarter's $2.222 billion and 51.5%, so this is a year-over-year growth story, not a quarter-over-quarter one.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
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