Utz Brands (UTZ) Earnings: Q3 Fiscal 2026 Results

Last updated November 2026

Short answer

Utz Brands reported revenue of $369 million for Q3 fiscal 2026, down 2% from a year earlier (Utz Brands, Nov 6, 2026). Diluted EPS was -$0.27. Branded Salty Snacks brought in $338 million. Every figure is from Utz Brands's release. Walnut is informational, not investment advice.

UTZ Q3 fiscal 2026 results

In one sentence

Utz Brands reported revenue of $369 million for Q3 fiscal 2026, down 2% from a year earlier (Utz Brands, Nov 6, 2026).

MeasureQ3 fiscal 2026Q3 fiscal 2025Change
Revenue$369 million$378 milliondown 2%
Diluted EPS (GAAP)-$0.27-$0.17n/a
Diluted EPS (Adjusted Earnings Per Share)$0.10$0.23down 57%
Net income-$24.3 million-$14.7 millionn/a

The quarter ended September 27, 2026 and Utz Brands published the results on November 6, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Utz Brands reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted Earnings Per Share, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • On July 20, 2026, Utz agreed to be taken private: subsidiaries of Intersnack Group will buy all Class A shares for $14.25 per share in cash, with the Rice and Lissette Family and Intersnack each owning 50% of Utz Brands Holdings afterwards. Utz expects the deal to close in Q4 2026.
  • Utz's fiscal Q3 2026 is the 13 weeks ended September 27, 2026, compared with the 13 weeks ended September 28, 2025. Net income and EPS are for the Class A shares; net loss before noncontrolling interest was $32.1 million.

Source: Utz Brands Q3 2026 results, November 6, 2026. Also in the Form 10-Q for the quarter ended September 27, 2026. Figures as reported; checked against the release on November 10, 2026.

UTZ revenue by segment

How Utz Brands splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

Net sales by categoryQ3 fiscal 2026Q3 fiscal 2025Change
Branded Salty Snacks$338 million-n/a
Non-Branded & Non-Salty Snacks$30.8 million-n/a
  • Utz Brands's Branded Salty Snacks revenue was $338 million in Q3 fiscal 2026, 92% of total revenue.
  • Utz Brands's Non-Branded & Non-Salty Snacks revenue was $30.8 million in Q3 fiscal 2026, 8% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

UTZ recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 27, 2026
$369 million-$0.27Nov 6, 2026
Q2 fiscal 2026
ended Jun 28, 2026
$372 million-$0.11Aug 5, 2026
Q1 fiscal 2026
ended Mar 29, 2026
$361 million-$0.02May 6, 2026
Q4 fiscal 2025
ended Dec 28, 2025
$342 million-$0.03Feb 12, 2026
Q3 fiscal 2025
ended Sep 28, 2025
$378 million-$0.17Oct 30, 2025

GAAP net sales and diluted EPS per Class A share, each as first reported in that quarter's release.

When does UTZ report earnings next?

We do not hold a confirmed date for Utz Brands'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 Utz Brands 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 fiscal 2026 (this page), reported Nov 6, 2026

What Utz Brands's revenue is made of

Utz Brands had net sales of $369.2 million in Q3 fiscal 2026, down 2.3% from $377.8 million. Utz split the change into a 5.2% reduction from volume/mix, partly offset by 2.9% from higher net price realization. Organic net sales were the same $369.2 million, because no acquisition, divestiture or route conversion affected the quarter. (Utz Brands Q3 2026 release, Nov 6, 2026)

Branded Salty Snacks brought in $338.4 million, or 92% of net sales, and grew 0.3%, led by the Power Four Brands: Utz, On The Border, Zapp's and Boulder Canyon. Non-Branded & Non-Salty Snacks, which covers partner brands, private label, co-manufacturing and On The Border dips and salsa, fell 23.8% to $30.8 million because Utz accelerated the elimination of low margin non-branded items. (Utz Brands Q3 2026 release, Nov 6, 2026)

In Circana retail data for the 13 weeks, Utz's Branded Salty Snacks retail sales rose 0.2% against 1.1% for the salty snack category, and its retail volumes fell 3.3% while the category's rose 0.1%. Power Four Brands retail sales increased 2.1%, and Utz said it gained retail sales in its expansion geographies. (Utz Brands Q3 2026 release, Nov 6, 2026)

Utz sells to grocery, mass, club, convenience and drug retailers through direct shipments, distributors and about 2,500 direct-store delivery routes, and calls itself the second-largest producer of branded salty snacks in the U.S. by 2025 retail sales. In fiscal 2025 its top 10 customers represented about 40% of invoiced sales, and one customer provided more than 10% of net sales. (Utz Brands Form 10-K, fiscal 2025, Feb 12, 2026)

Net sales are reported after discounts given to independent operators who run the routes. Those IO discounts were $44.5 million in Q3 fiscal 2026, down from $45.7 million a year earlier. (Utz Brands Form 10-Q, Q3 2026, Nov 6, 2026)

What Utz Brands's EPS includes

Utz Brands lost $0.27 per diluted Class A share in Q3 fiscal 2026 under GAAP, against a loss of $0.17 a year earlier, while Adjusted Earnings Per Share was $0.10, down 56.5% from $0.23. Net loss attributable to controlling interest was $24.3 million. Adjusted Net Income of $14.2 million excludes step-up depreciation and amortization from past acquisitions, supply chain and corporate transformation costs, transaction costs and other non-cash items, and is divided by 145.2 million fully diluted shares that assume the Class V shares convert to Class A. (Utz Brands Q3 2026 release, Nov 6, 2026)

The take-private deal is the largest single item. Transaction costs related to the Intersnack agreement were $17.7 million in the quarter, and Utz said they were the main reason SG&A rose to $97.4 million, or 26.4% of net sales, from $87.7 million. Supply chain transformation costs were $11.2 million and corporate transformation costs $6.8 million. (Utz Brands Q3 2026 release, Nov 6, 2026)

Gross profit margin fell 320 basis points to 21.0%, and Adjusted Gross Profit Margin fell 530 basis points to 27.2%, which Utz put down to significant supply chain cost inflation, channel mix and lower volumes. Adjusted EBITDA fell 30.3% to $42.0 million, an 11.4% margin against 16.0%. Under the merger agreement Utz is barred from repurchasing Class A shares, and it bought back none in the first 39 weeks. (Utz Brands Q3 2026 release, Nov 6, 2026; Utz Brands Form 10-Q, Q3 2026, Nov 6, 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 Utz Brands

Utz Brands gives no outlook in its Q3 fiscal 2026 release. Because of the pending take-private transaction, it said it will not update forward-looking guidance for 2026 and did not hold a conference call for the quarter. (Utz Brands Q3 2026 release, Nov 6, 2026)

Holders of Class A shares are due $14.25 per share in cash at closing. Utz said all regulatory conditions have been satisfied, the stockholder vote is scheduled for November 13, 2026, and it expects the deal to close in Q4 2026. CEO Howard Friedman said John Lindeman will take over as CEO in the weeks after the expected closing. (Utz Brands Q3 2026 release, Nov 6, 2026)

A consensus figure is the average of the models published by the analysts who cover Utz Brands, 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 Utz Brands

The figures below are the ones Utz Brands's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

MetricLatest reported
Branded Salty Snacks organic net sales
Up 0.3%
92% of Q3 net sales; Non-Branded & Non-Salty Snacks down 23.8%
Volume/mix vs price
Volume/mix down 5.2%, price up 2.9%
Adjusted Gross Profit Margin
27.2%, down 530 basis points from 32.5%
Adjusted EBITDA
$42.0 million, down 30.3%
Trailing twelve months $208.0 million
Net Leverage Ratio
3.9x
Net debt of $815.4 million
Power Four Brands retail sales
Up 2.1%
Circana MULO+ with convenience, 13 weeks

What the quarter means for a holding is a separate question from what it reported. The case for and against owning UTZ is on is UTZ a buy or a sell?, what analysts expect next is on the UTZ forecast, and what the company does is on the Utz Brands (UTZ) stock page.

How to check UTZ's figures yourself

Every number on this page can be traced to a document Utz Brands 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 Utz Brands

Ask Walnut's AI anything about UTZ and see how it fits what you own.

FAQ

What was Utz Brands's revenue last quarter?

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Utz Brands reported revenue of $369 million for Q3 fiscal 2026, the quarter ended September 27, 2026, against $378 million in Q3 fiscal 2025 (down 2%). The figures come from Utz Brands's results release of November 6, 2026.

What were UTZ's earnings per share for Q3 fiscal 2026?

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Diluted EPS was -$0.27 on a GAAP basis, against -$0.17 a year earlier. On Utz Brands's Adjusted Earnings Per Share basis it was $0.10, against $0.23. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

When does UTZ report earnings next?

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We do not hold a confirmed date for Utz Brands's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Utz Brands's revenue come from?

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Utz Brands's Branded Salty Snacks revenue was $338 million in Q3 fiscal 2026, 92% of total revenue. Utz Brands's Non-Branded & Non-Salty Snacks revenue was $30.8 million in Q3 fiscal 2026, 8% of total revenue. These are the lines of Utz Brands's own "net sales by category" table for Q3 fiscal 2026.

How much did Utz Brands's revenue grow last quarter?

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Down 2% on the year: $369 million in Q3 fiscal 2026 against $378 million in Q3 fiscal 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Utz Brands's business do not distort it.

What is the difference between Utz Brands's GAAP and Adjusted Earnings Per Share EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Utz Brands's Adjusted Earnings Per Share EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 fiscal 2026 the two were -$0.27 and $0.10. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Why is Utz Brands's quarter called Q3 fiscal 2026?

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Utz Brands's fiscal year does not follow the calendar year, so Q3 fiscal 2026 is the quarter that ended September 27, 2026. When you compare UTZ with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.

Where do the UTZ numbers on this page come from?

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From Utz Brands's own results release and its Form 10-Q for the quarter ended September 27, 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 Utz Brands'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.

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