Applied Industrial raises FY26 EPS guidance to $10.10-$10.85 on 9.2% sales rise
Applied Industrial Technologies reported fiscal 2026 first quarter net sales of $1.2 billion, up 9.2% from a year earlier, and net income of $100.8 million, or $2.63 per diluted share, up 11.4%. The company raised its fiscal 2026 EPS guidance to $10.10 to $10.85 from $10.00 to $10.75, while reiterating its sales and EBITDA margin guidance.
Key points
- Net sales of $1.2 billion rose 9.2%; organic sales rose 3.0%, and acquisitions contributed 6.3%.
- Net income was $100.8 million, or $2.63 per diluted share, up 11.4% year over year; EBITDA was $146.3 million.
- Fiscal 2026 EPS guidance raised to $10.10 to $10.85 from $10.00 to $10.75; sales guidance of up 4% to 7% and EBITDA margin guidance of 12.2% to 12.5% were maintained.
- Quarterly cash dividend of $0.46 per share, payable November 28, 2025, to holders of record on November 14, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.