Snapshot
Parker-Hannifin Corp reported $5.08B of revenue in Q1 2026, up 3.7% year over year, with diluted EPS of $6.29 and an operating margin of 20.3%.
- Revenue
- $5.08B
- YoY growth
- +3.7%
- Diluted EPS
- $6.29
- Operating margin
- 20.3%
$5.08B
Revenue
+3.7%
YoY growth
$6.29
Diluted EPS
20.3%
Operating margin
01 Key takeaways
What management said
- •The agenda for today has Jenny starting with an overview of our record FY26 First Quarter performance.
- •I will follow Jenny with more details on our strong first quarter results, and then we'll both provide some color on our increase to our FY26 guidance.
- •Our team delivered record Q1 sales of $5.1 billion, organic growth of 5%, and 170 basis points of margin expansion, resulting in 27.4% adjusted segment operating margin.
- •Adjusted earnings per share grew 16%, and cash flow from operations was $782 million.
- •These six market verticals represent greater than 90% of the company's revenue.
- •Two-thirds of our revenue comes from customers who buy four or more technologies, and our growth is focused on faster-growing, longer-cycle markets and secular trends.
- •Parker supports multiple global industry-leading customers, and we are seeing significant growth in this space.
- •Once again, and I love saying this, every number in the gold column on this slide is a record.
- •It was just a fantastic quarter where mid-single-digit sales growth combined with strong margin expansion resulting in mid-teens EPS growth.
- •Moving to adjusted segment operating margins, as Jenny said, we did 27.4.
- •All of this drove adjusted earnings per share up 16% to reach a record of $7.22 per share.
- •If we could jump to Slide 10, you'll see a bridge on the year-over-year improvement in adjusted EPS.
SourcesCompany financials · earnings call
Last updated