Quarterly ResultJun 4, 2026, 06:46 AM
Columbus McKinnon FY26 Sales $1.2B (+24%); Reports Net Loss Amid Impairment
AI Summary
Columbus McKinnon Corporation announced its fourth quarter and full year fiscal 2026 financial results. The company reported record orders of $1.2 billion and net sales of $1.2 billion for FY26, representing a 20% and 24% increase respectively, largely driven by the Kito Crosby Acquisition. However, the company posted a net loss of $238.1 million for Q4 FY26, which included a significant $200 million non-cash goodwill impairment charge. For fiscal year 2027, Columbus McKinnon issued guidance projecting net sales between $2.05 billion and $2.12 billion, Adjusted EBITDA between $390 million and $410 million, and Adjusted EPS between $1.70 and $1.90.
Key Highlights
- Columbus McKinnon reported FY26 net sales of $1.2 billion, a 24% increase YoY, driven by the Kito Crosby Acquisition.
- Q4 FY26 net sales were $437.8 million, up 77% YoY, primarily due to the Kito Crosby Acquisition.
- FY26 orders reached a record $1.2 billion, a 20% increase YoY.
- Q4 FY26 orders increased 68% YoY to $442.8 million, boosted by the Kito Crosby Acquisition.
- The company reported a net loss of $238.1 million for Q4 FY26, including a $200 million goodwill impairment.
- FY27 guidance issued: Net sales projected between $2.05 billion and $2.12 billion.
- FY27 guidance issued: Adjusted EBITDA expected between $390 million and $410 million.
- FY27 guidance issued: Adjusted EPS projected between $1.70 and $1.90.
Price Impact
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