Every material Form 8-K Applied Industrial Technologies filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
Applied Industrial Technologies entered a $900 million senior unsecured revolving credit facility dated October 24, 2025, replacing its prior $900 million credit agreement from December 2021. The new facility will refinance the existing credit facility and fund working capital and general corporate purposes, which may include acquisitions. The filing does not report a change in the company's revenue, profit or guidance, so the effect on shareholders depends on the terms of the new borrowing.
Credit Facility of $900 million matures October 24, 2030, with up to $800 million of additional borrowing available through increases or incremental term loans
Loans bear interest at base rate plus 0 to 35 basis points, or adjusted term SOFR plus 80 to 135 basis points, based on net leverage ratio
Covenants include maximum net leverage ratio of 3.75 to 1.0 (up to 4.25 to 1.0 for certain material acquisitions) and minimum interest coverage ratio of 2.75 to 1.0
Replaces the prior $900 million credit agreement dated December 9, 2021, with KeyBank National Association as administrative agent
Applied Industrial Technologies reported fiscal 2025 fourth-quarter net sales of $1.2 billion, up 5.5%, and diluted earnings of $2.80 per share, up from $2.64 a year earlier, while EBITDA fell 0.3%. For fiscal 2026 it guided to EPS of $10.00 to $10.75 on total sales growth of 4% to 7%, which does not include future acquisitions or share buybacks.
Q4 net sales $1.2 billion, up 5.5%; up 0.2% on an organic daily basis
Q4 diluted EPS $2.80 vs. $2.64 a year earlier; Q4 EBITDA $153.0 million, down 0.3%
Full-year fiscal 2025 net income $393.0 million, or $10.12 per diluted share; free cash flow $465.2 million
Fiscal 2026 guidance: EPS of $10.00 to $10.75 and total sales up 4% to 7%, including 1% to 4% organic
Applied Industrial Technologies amended its accounts receivable securitization facility on July 10, 2025, extending its maturity from August 4, 2026 to July 10, 2028. The company's special purpose subsidiary, AIT Receivables LLC, paid customary fees to the lenders in connection with the amendment.
Receivables Facility maturity extended from August 4, 2026 to July 10, 2028
Amendments dated July 10, 2025 with PNC Bank, National Association as administrative agent
AIT Receivables LLC paid customary fees to the lenders
Applied Industrial Technologies reported fiscal third-quarter net sales of $1.2 billion, up 1.8% year over year, and net income of $99.8 million, or $2.57 per share, up 3.7%, but organic daily sales fell 3.1%. It narrowed its fiscal 2025 EPS guidance to $9.85 to $10.00 from $9.65 to $10.05 while lowering its sales growth outlook to flat to up 1% from up 1% to 3%, and also agreed to acquire IRIS Factory Automation and authorized a new 1.5 million share repurchase.
Q3 net sales $1.2 billion, up 1.8% year over year; organic daily sales down 3.1%
Q3 net income $99.8 million, or $2.57 per share; EBITDA $144.9 million, up 6.8%
Fiscal 2025 EPS guidance $9.85 to $10.00 (prior $9.65 to $10.05); sales growth flat to up 1% (prior up 1% to 3%)
Quarterly dividend of $0.46 per share payable May 30, 2025; new 1.5 million share repurchase authorization
Applied Industrial Technologies reported fiscal 2025 second-quarter net income of $93.3 million, or $2.39 per diluted share, up from $2.32 a year earlier, on net sales of $1.1 billion that fell 0.4%. The company raised its fiscal 2025 EPS guidance to $9.65 to $10.05 from $9.25 to $10.00 and increased its quarterly dividend 24% to $0.46 per share.
Net sales of $1.1 billion, down 0.4% year over year; down 3.4% on an organic daily basis
Net income of $93.3 million, or $2.39 per diluted share, versus $2.32 a year earlier; EBITDA of $135.1 million, up 3.3%
Fiscal 2025 EPS guidance raised to $9.65 to $10.05 from $9.25 to $10.00, including the Hydradyne acquisition that closed December 31, 2024
Quarterly dividend raised to $0.46 per share, payable February 28, 2025, to holders of record on February 14, 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Applied Industrial Technologies filing is on SEC EDGAR ↗. 8-K briefs of other companies →