Eaton Corp plc 2Q 2026: Revenue $8.53B, EPS $2.11— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Eaton Corp reported Q2 2026 revenue of $8.53B, up 21.4% YoY, driven by data center and aerospace demand. However, diluted EPS fell to $2.11 from $2.51, and net income declined 16.4%. The company completed strategic acquisitions, maintained a healthy book-to-bill ratio above 1.0, and announced plans for a Mobility separation and RMT merger with Dana, targeting closure in Q1 2027.
Eaton Corp plc reported second-quarter 2026 results with revenue rising to $8.53B, up 21.4% from $7.03B a year earlier, while diluted EPS declined to $2.11 from $2.51 and net income attributable to shareholders fell to $821M from $982M — according to its 10-Q filing.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $8.53B | $7.03B | 21.4% |
| Net income² | $821M | $982M | (16.4%) |
| Diluted EPS³ | $2.11 | $2.51 | (15.9%) |
¹ Reported as “Net sales”. ² Reported as “Net income attributable to Eaton ordinary shareholders”. ³ Reported as “Diluted income per share attributable to Eaton ordinary shareholders”.
Business Highlights
- Revenue growth was driven by strong organic demand across data center, machine OEM and aerospace end markets, with Electrical Americas/Global and Aerospace showing notable strength.
- Completed several strategic acquisitions (Fibrebond, Resilient, Ultra PCS, Boyd Thermal) to expand electrical and aerospace capabilities.
- Backlog and book-to-bill remained healthy (book-to-bill above 1.0), indicating sustained demand.
- Continuing a multi-year restructuring program through 2026 aimed at operational optimization, with expected mature annual benefits of about $375M.
- Announced plans for a Mobility separation and RMT merger with Dana, targeting close in Q1 2027 to sharpen focus on core power-management businesses.
Original SEC Filing: Eaton Corp plc [ ETN ] - 10-Q - Jul. 31, 2026