Revenue: As of FY2026 Q3, the actual value is USD 167.55 M, beating the estimate of USD 164.5 M.

EPS: As of FY2026 Q3, the actual value is USD 0.58, beating the estimate of USD 0.4833.

EBIT: As of FY2026 Q3, the actual value is USD 40.96 M.

Revenue

Enerpac Tool Group Corp. reported net sales of $168 million for the third quarter of fiscal 2026, marking a 6% increase compared to the prior year, with organic sales growing by 3%. Industrial Tool & Service (IT&S) Product sales increased 5% organically year over year. Consolidated net sales for the third quarter of fiscal 2026 were $167.6 million, up from $158.7 million in the prior-year period. Organic sales growth included 2% for IT&S and 25% for Cortland Biomedical. Service revenue declined 8% organically year over year but improved 17% sequentially. For the nine months ended May 31, 2026, net sales were $466.568 million, compared to $449.385 million for the same period in 2025.

Net Earnings

Net earnings for the third quarter of fiscal 2026 were $29.8 million. Adjusted net earnings for the quarter were $31.0 million. Reported and adjusted EPS included a $0.08 benefit from an expected refund of tariffs. For the nine months ended May 31, 2026, net earnings were $65.238 million, compared to $64.668 million in the prior year.

Gross Profit Margin

Gross profit margin increased by 260 basis points year over year, reaching 53.0%, partially due to the expected refund of IEEPA tariffs.

Operating Expenses

Selling, general and administrative expenses (SG&A) were $45.8 million in the third quarter of fiscal 2026, a decrease of $1.2 million year over year. SG&A included M&A charges of $1.6 million in the third quarter of fiscal 2026 and $6.6 million of restructuring and M&A charges in the third quarter of fiscal 2025. For the nine months ended May 31, 2026, SG&A expenses were $130.958 million, compared to $124.865 million in 2025.

Operating Profit

Operating profit for the third quarter of fiscal 2026 was $41.368 million, compared to $31.681 million in the year-ago period. For the nine months ended May 31, 2026, operating profit was $94.877 million, compared to $93.633 million in 2025.

Adjusted EBITDA

Third quarter adjusted EBITDA was $46.9 million, including a $5.7 million net benefit from the expected refund of IEEPA tariffs, up from $41.0 million in the year-ago period. Adjusted EBITDA margin increased by 210 basis points year over year to 28.0%. For the nine months ended May 31, 2026, Adjusted EBITDA was $112.206 million, compared to $109.1 million in 2025.

Cash Flow

Year-to-date operating cash flow was $69 million, an increase from $56 million in the prior year. For the nine months ended May 31, 2026, cash provided by operating activities was $69.263 million, compared to $56.030 million in 2025. Capital expenditures for the nine months ended May 31, 2026, were - $9.241 million, compared to - $16.360 million in 2025.

Shareholder Returns and Debt

Enerpac Tool Group Corp. returned approximately $15 million to shareholders through share repurchases in the third quarter of fiscal 2026, buying back about 420,000 shares. Net debt on May 31, 2026, was $69.1 million, resulting in a net debt to adjusted EBITDA ratio of 0.5 times. Cash and cash equivalents at May 31, 2026, were $115.680 million, and debt balance was $184.8 million.

Outlook

Enerpac Tool Group Corp. updated its fiscal 2026 guidance, narrowing net sales to a range of $635 million to $645 million and organic growth to 1% to 2%. Adjusted EBITDA guidance was revised to $151 million to $156 million, and adjusted diluted EPS to $1.84 to $1.89. The company maintained its free cash flow guidance at $100 million to $110 million, while expecting near-term pressure from the Service business and geopolitical events.