Jan. 27 at 11:51 AM
$AIT Earnings - Q2/2026
Revenue:
$1.16B ❌ vs.
$1.17B est.
EPS:
$2.51 ❌ vs.
$2.56 est.
Applied Industrial Technologies reported fiscal 2026 Q2 results with EBITDA margins in line with guidance despite a higher LIFO expense and softer December activity, while order growth remains constructive across both segments. The company announced an 11% dividend increase to
$0.51 per share and a bolt-on acquisition of Thompson Industrial Supply to bolster its U.S. Service Center footprint. Guidance was updated: EBITDA margin now expected in the 12.2%–12.4% range; sales growth projected at 5.5%–7.0% (organic 2.5%–4.0%), with annual LIFO expense in a higher range, and no assumption of contributions from future acquisitions or share buybacks.
