{
  "url": "https://struct.news/briefs/quanex-turned-a-2708m-operating-loss-into-profit-cash-flow-still-fell",
  "title": "Quanex turned a $270.8M operating loss into profit. Cash flow still fell.",
  "summary": "Operating income swung to $46.5 million over nine months, but operating cash flow dropped 25.3% as inventory and receivables grew.",
  "published_at": "2026-09-04T20:10:12.981713+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Quanex Building Products Corporation",
    "ticker": "NX",
    "cik": "1423221",
    "sector": "Industrials",
    "industry": "Building Products & Equipment"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-09-04",
    "accession": "0001423221-26-000048",
    "url": "https://www.sec.gov/Archives/edgar/data/1423221/000142322126000048/nx-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1423221/000142322125000024/nx-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 1837641000,
      "display": "$1.8B",
      "unit": "usd",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001423221-26-000048",
        "filing_date": "2026-09-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 43.805903923897894,
      "display": "+43.8%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001423221-26-000048",
        "filing_date": "2026-09-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -10.554400995624281,
      "display": "-10.6%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001423221-26-000048",
        "filing_date": "2026-09-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Inventory rose 1.5% and accounts receivable rose 6.4%, while revenue increased 1.3%, leaving operating cash flow lower.",
      "importance": "medium",
      "evidence": "Inventory growth exceeded revenue growth and inventory intensity increased.",
      "source_date": "2026-09-04"
    },
    {
      "type": "tariffs",
      "statement": "Tariff-related activity helped the period through refunds, while tariff-related costs still affected cost of sales.",
      "importance": "medium",
      "evidence": "The decrease was primarily due to lower sales volume and favorable tariff-related activity, including tariff-related refunds, partially offset by higher raw material and transportation cost and increased warranty expenses.",
      "source_date": "2026-09-04"
    },
    {
      "type": "capital_investment",
      "statement": "Capital expenditures declined 19.3% over the comparable nine-month period, reducing cash used for investing activities.",
      "importance": "medium",
      "evidence": "Cash used for investing activities decreased $7.6 million for the nine months ended July 31, 2026 compared to the same period in 2025, prim arily due to lower capital expenditures, partially offset by lower proceeds from disposition of assets.",
      "source_date": "2026-09-04"
    },
    {
      "type": "input_costs",
      "statement": "Raw-material and transportation costs, along with warranty expenses, partially offset favorable tariff-related activity.",
      "importance": "medium",
      "evidence": "partially offset by higher raw material and transportation cost and increased warranty expenses.",
      "source_date": "2026-09-04"
    }
  ],
  "related_tickers": [
    "NX"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}