---
title: "MOD: Q1 FY2027 sales surged 28% YoY, but margins fell as Data Centers led growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294395686.md"
description: "Q1 FY2027 saw a 28% YoY sales increase to $874.1 million, led by Data Centers and Commercial HVAC growth, though gross margin declined due to higher costs. Net earnings rose 44% to $74.3 million, aided by a significant tax benefit, while the company advanced its planned spin-off of Performance Technologies.Original document: Modine Manufacturing Company [MOD] SEC 10-Q Quarterly Report — Jul. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-30T16:51:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294395686.md)
  - [en](https://longbridge.com/en/news/294395686.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294395686.md)
generator: "portal-rs"
---

# MOD: Q1 FY2027 sales surged 28% YoY, but margins fell as Data Centers led growth

Q1 FY2027 saw a 28% YoY sales increase to $874.1 million, led by Data Centers and Commercial HVAC growth, though gross margin declined due to higher costs. Net earnings rose 44% to $74.3 million, aided by a significant tax benefit, while the company advanced its planned spin-off of Performance Technologies.

Original document: Modine Manufacturing Company \[MOD\] SEC 10-Q Quarterly Report — Jul. 30 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**