Parker-Hannifin Corp FY 2026: Revenue $21.5B, EPS $28.48— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Parker-Hannifin Corp reported FY 2026 revenue of $21.5B and diluted EPS of $28.48, reflecting an 8.3% year-over-year increase driven by volume, pricing, and margin improvements in Aerospace and Diversified Industrial segments. Net income rose to $3.65B. The company completed the Curtis acquisition and announced a pending CIRCOR Aerospace transaction.
Parker-Hannifin Corp reported full-year 2026 revenue of $21.5B and diluted EPS of $28.48, with net income of $3.65B, reflecting year-over-year growth as volume, pricing and margin improvement supported results.
Financial Highlights
| Metric | Current year | Prior year | YoY change |
| Revenue¹ | $21.5B | $19.85B | 8.3% |
| Net income² | $3.65B | $3.53B | 3.3% |
| Diluted EPS³ | $28.48 | $27.12 | 5% |
¹ Reported as “Net sales”. ² Reported as “Net income attributable to common shareholders”. ³ Reported as “Diluted earnings per share attributable to common shareholders”.
Business Highlights
- Revenue growth of 8.3% (organic +6.6%) was driven by higher volume across Aerospace and Diversified Industrial segments.
- Aerospace saw strong OEM and aftermarket demand; in‑plant, industrial and Asia Pacific electronics also contributed to sales gains.
- Gross margin improved to 37.7% and segment margins rose on pricing, volume and cost containment initiatives.
- Backlog increased, with Aerospace backlog of $8.5B and Diversified Industrial backlog of $4.3B, supporting demand visibility.
- Corporate activity included completion of the Curtis acquisition, closing of FGC post‑period, and an announced pending CIRCOR Aerospace transaction to expand capabilities.
Original SEC Filing: Parker-Hannifin Corp [ PH ] - 10-K - Aug. 21, 2026