earnings
confidence high
sentiment positive
materiality 0.75
Applied Industrial Q1 EPS $2.63 beats; revenue $1.2B up 9.2%; raises FY26 EPS guidance
APPLIED INDUSTRIAL TECHNOLOGIES INC
2026-Q1 EPS reported
$2.63
revenue$1,199,523,000
- Net sales $1.2B, up 9.2% YoY (organic +3.0%); net income $100.8M ($2.63 EPS).
- EBITDA $146.3M, up 13.4% YoY; operating cash flow $119.3M; free cash flow $112.0M.
- Raises FY26 EPS guidance to $10.10-$10.85 from $10.00-$10.75; keeps sales and EBITDA margin guidance.
- Service Center organic sales +4.4%; Engineered Solutions -0.4%; segment orders trending positive.
- Declares quarterly dividend $0.46/share, payable Nov 28 to holders of record Nov 14.