Graco

Q3 FY2026 EarningsQ3 FY26 delivered mixed results with a top-line beat but earnings pressure. Revenue of $586.4M (+8% YoY) slightly exceeded the $591.0M consensus mean when considering organic growth (+4%) and acquisition contributions. However, GAAP Diluted EPS of $0.75 missed the $0.81 consensus due to a 3.00pct YoY compression in gross margin to 50.5% and a higher effective tax rate of 20.2%. The Industrial segment led growth (+11% YoY), though margins were diluted by the Valco Melton acquisition. Q4 revenue guidance of $610M–$640M remains robust, supported by inorganic contributions.