Snap-on Q1 2026 sales rise 5.8% to $1.21 billion; diluted EPS $4.69 vs. $4.51
Snap-on reported first-quarter 2026 results for the period ended April 4, 2026. Net sales rose 5.8% to $1,207.2 million and net earnings attributable to the company rose to $247.0 million, or $4.69 per diluted share, from $240.5 million, or $4.51, a year earlier. Operating earnings before financial services rose, but the operating margin fell to 20.8% from 21.3%, and financial services earnings declined.
Key points
- Net sales of $1,207.2 million, up $66.1 million or 5.8%, including 3.4% organic growth and $26.9 million of favorable currency translation
- Diluted EPS of $4.69 versus $4.51 a year earlier; net earnings attributable to Snap-on of $247.0 million
- Operating margin before financial services of 20.8% versus 21.3%; financial services operating earnings of $68.0 million versus $70.3 million
- Full-year 2026 effective tax rate expected in the range of 22% to 23%; 2026 capital expenditures expected to approximate $100 million
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing 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 April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.