Loading...
•
Dec 31, 2025
Parker-Hannifin Q2 2026 Earnings Report
Parker-Hannifin reported record sales and segment operating margin, driving adjusted EPS growth in the second quarter of fiscal year 2026.
Key Takeaways
Parker-Hannifin delivered an outstanding second quarter for fiscal year 2026, achieving record sales of $5.2 billion, a 9% increase year-over-year, with organic sales growth of 6.6%. The company also expanded its adjusted segment operating margin by 150 basis points to 27.1% and reported a record adjusted EPS of $7.65, a 17% increase. Net income was $845 million, an 11% decrease compared to the prior year due to a one-time gain from divestitures in fiscal 2025.
Sales increased by 9% to a record $5.2 billion, with organic sales growing by 6.6% across all reported businesses.
Adjusted segment operating margin expanded by 150 basis points to 27.1%, reflecting strong operational performance.
Adjusted EPS reached a record $7.65, marking a 17% increase compared to the prior year.
The company announced an agreement to acquire Filtration Group Corporation, aiming to expand its aftermarket business and presence in key market verticals.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Parker-Hannifin has increased its outlook guidance for the full fiscal year ending June 30, 2026, based on strong second-quarter results, robust aerospace demand, and a gradual recovery in industrial markets.
Positive Outlook
- Reported sales growth outlook increased to a range of 5.5% to 7.5%.
- Organic sales growth expected to be approximately 5% at the midpoint.
- Segment operating margin outlook increased to a range of 23.7% to 24.1%.
- Adjusted segment operating margin outlook increased to a range of 27.0% to 27.4%.
- Adjusted EPS guidance increased to a range of $30.40 to $31.00.
Challenges Ahead
- Acquisitions are expected to contribute approximately 1% to sales growth, which is a modest contribution.
- Previously completed divestitures are expected to negatively impact sales growth by approximately 1%.
- Currency is expected to have a favorable impact of 1.5%, but this is subject to exchange rate volatility.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...