Timken raises 2026 outlook as first-quarter sales rise 8% to $1.23 billion
Timken reported first-quarter 2026 net sales of $1.23 billion, up 8.0% from a year earlier, with diluted EPS of $1.40 versus $1.11 and adjusted EPS of $1.67 versus $1.40. The company raised its full-year 2026 outlook, now expecting diluted EPS of $4.70 to $5.20 and adjusted EPS of $5.75 to $6.25, which is a more favorable view of earnings for shareholders.
Key points
- Net sales of $1.23 billion rose 8.0%; excluding acquisitions and currency, sales rose 4.3%.
- Diluted EPS of $1.40 compared with $1.11; adjusted diluted EPS of $1.67 compared with $1.40.
- 2026 outlook: adjusted diluted EPS of $5.75 to $6.25; revenue now planned up about 5% at the midpoint, up from a prior 3%.
- Free cash flow was $0.5 million versus $23.4 million a year earlier; net debt to adjusted EBITDA was 2.1 times at March 31, 2026.
The filing
Written by AI on Nov 8, 2026, 12:57 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 May 06, 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.