United States Lime & Minerals (USLM) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
United States Lime & Minerals reported revenue of $106 million for Q3 2026, up 4% from a year earlier (United States Lime & Minerals, Oct 30, 2026). Diluted EPS was $1.32, down 2% from $1.35. Every figure is from United States Lime & Minerals's release. Walnut is informational, not investment advice.
USLM Q3 2026 results
In one sentence
United States Lime & Minerals reported revenue of $106 million for Q3 2026, up 4% from a year earlier (United States Lime & Minerals, Oct 30, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $106 million | $102 million | up 4% |
| Diluted EPS | $1.32 | $1.35 | down 2% |
| Net income | $38.0 million | $38.8 million | down 2% |
The quarter ended September 30, 2026 and United States Lime & Minerals published the results on October 30, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.
- United States Lime & Minerals is managed as one reportable segment, lime and limestone operations, and does not break revenue out by product. It reports in thousands; figures here are in millions.
- United States Lime & Minerals does not publish a financial outlook in its release.
Source: United States Lime & Minerals Q3 2026 results, October 30, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
USLM recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $106 million | $1.32 | Oct 30, 2026 |
Q2 2026 ended Jun 30, 2026 | $99.1 million | $1.20 | Jul 29, 2026 |
Q1 2026 ended Mar 31, 2026 | $87.8 million | $1.06 | Apr 29, 2026 |
Q4 2025 ended Dec 31, 2025 | $87.9 million | $1.06 | Feb 2, 2026 |
Q3 2025 ended Sep 30, 2025 | $102 million | $1.35 | Oct 29, 2025 |
Revenues and diluted EPS, each as first reported in that quarter's release.
When does USLM report earnings next?
We do not hold a confirmed date for United States Lime & Minerals's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past United States Lime & Minerals quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 30, 2026
What United States Lime & Minerals's revenue is made of
United States Lime & Minerals had revenues of $106.2 million in Q3 2026, up 4.1% from $102.0 million a year earlier. The company attributed the rise to a 2.5% increase in average selling prices and a 1.6% increase in sales volumes of its lime and limestone products. Higher volumes came mainly from steel customers, partly offset by lower demand from construction customers. (United States Lime & Minerals Q3 2026 release, Oct 30, 2026; United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026)
United States Lime & Minerals is managed as one reportable segment, lime and limestone operations, which sells crushed limestone, pulverized limestone, aggregate, quicklime, hydrated lime and lime slurry. All of its operations are in the United States, with plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas. It also holds royalty and non-operated working interests in natural gas wells in the Barnett Shale in Johnson County, Texas, which do not meet the definition of an operating segment. (United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026)
United States Lime & Minerals sells to construction (highway, road and building contractors), industrial, environmental, metals, roof shingle, agriculture and oil and gas services customers. Its CEO said certain large construction projects have been delayed for reasons including securing permits, and the company is monitoring indications that Texas residential construction is beginning to slow. For the first nine months of 2026 revenues were $293.1 million, up 2.9%, with lower demand from roof shingle customers offsetting part of the gain from steel. (United States Lime & Minerals Q3 2026 release, Oct 30, 2026)
What United States Lime & Minerals's EPS includes
United States Lime & Minerals earned $38.0 million, or $1.32 per diluted share, in Q3 2026, against $38.8 million, or $1.35, a year earlier. Gross profit fell 2.7% to $50.8 million because of higher transportation and fuel costs, driven mainly by diesel, and production inefficiencies while integrating its new Texas kiln. Fuel, energy and transportation costs were $29.4 million, against $24.1 million. (United States Lime & Minerals Q3 2026 release, Oct 30, 2026; United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026)
United States Lime & Minerals reports GAAP results only, with no adjusted EPS. Other income, net, was $3.8 million, mainly interest earned on higher average cash balances, and income tax expense was $10.5 million, against $10.9 million. Diluted weighted-average shares were 28,778 thousand, against 28,738 thousand, and the board declared a regular quarterly cash dividend of $0.06 per share, payable December 11, 2026. (United States Lime & Minerals Q3 2026 release, Oct 30, 2026; United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at United States Lime & Minerals
United States Lime & Minerals does not publish a financial outlook in its release. Its CEO said the new kiln at its Texas facility began intermittently producing quicklime in Q3 2026 and that the company expects final commissioning in Q4 2026. Capital expenditures were $50.2 million in the first nine months of 2026, including $24.5 million for the Texas kiln project. (United States Lime & Minerals Q3 2026 release, Oct 30, 2026; United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026)
A consensus figure is the average of the models published by the analysts who cover United States Lime & Minerals, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at United States Lime & Minerals
The figures below are the ones United States Lime & Minerals's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Average selling price | Up 2.5% Lime and limestone products United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026 |
| Sales volumes | Up 1.6% Driven by steel customers, partly offset by construction United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026 |
| Gross profit | $50.8 million, down 2.7% 47.8% of revenues, against 51.2% a year earlier United States Lime & Minerals Q3 2026 release, Oct 30, 2026; United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026 |
| Fuel, energy and transportation costs | $29.4 million, against $24.1 million United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026 |
| Cash and cash equivalents | $439.2 million No debt outstanding at September 30, 2026 United States Lime & Minerals Form 10-Q, Q3 2026, Oct 30, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning USLM is on is USLM a buy or a sell?, what analysts expect next is on the USLM forecast, and what the company does is on the United States Lime & Minerals (USLM) stock page.
How to check USLM's figures yourself
Every number on this page can be traced to a document United States Lime & Minerals published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about United States Lime & Minerals
Ask Walnut's AI anything about USLM and see how it fits what you own.
FAQ
What was United States Lime & Minerals's revenue last quarter?
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United States Lime & Minerals reported revenue of $106 million for Q3 2026, the quarter ended September 30, 2026, against $102 million in Q3 2025 (up 4%). The figures come from United States Lime & Minerals's results release of October 30, 2026.
When does USLM report earnings next?
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We do not hold a confirmed date for United States Lime & Minerals's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
How much did United States Lime & Minerals's revenue grow last quarter?
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Up 4% on the year: $106 million in Q3 2026 against $102 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in United States Lime & Minerals's business do not distort it.
Where do the USLM numbers on this page come from?
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From United States Lime & Minerals's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from United States Lime & Minerals's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.