Applied Industrial Tech | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 1.2 B

Revenue: As of FY2026 Q1, the actual value is USD 1.2 B, beating the estimate of USD 1.188 B.

EPS: As of FY2026 Q1, the actual value is USD 2.63, beating the estimate of USD 2.4814.

EBIT: As of FY2026 Q1, the actual value is USD 129.58 M.

Segment Revenue

• Net Sales: $1.2 billion, an increase of 9.2% year-over-year (YoY), with a 3.0% increase on an organic basis. The Service Center segment saw a 4.4% increase, while the Engineered Solutions segment experienced a 0.4% decrease.

Operational Metrics

• Net Income: $100.8 million, or $2.63 per diluted share, up 11.4% YoY.
• Operating Income: $129.0 million, up from $113.2 million in the prior year.
• EBITDA: $146.3 million, an increase of 13.4% YoY.
• Gross Profit: $361.4 million, up from $325.1 million in the previous year.
• Operating Margin: EBITDA margins expanded nearly 50 basis points to 12.2%.

Cash Flow

• Operating Cash Flow: $119.3 million.
• Free Cash Flow: $112.0 million.

Outlook / Guidance

• The company increased its fiscal 2026 EPS guidance to a range of $10.10 to $10.85, reflecting first-quarter performance and share repurchases.
• Sales are expected to increase by 4% to 7%, with EBITDA margins projected between 12.2% and 12.5%.
• The guidance considers macroeconomic uncertainties, including trade and tariff issues, inflationary pressures, and growth investments, without assuming contributions from future acquisitions or share buybacks.