Quarterly ResultJul 30, 2026, 06:31 AM
CSW Industrials Q1 Revenue +33.06% to $350.65M; EPS $3.04
AI Summary
CSW Industrials reported strong first-quarter results for 2026, with net revenues increasing by 33.06% to $350.65 million and diluted EPS rising 25.1% to $3.04. Net income attributable to CSW grew 21.59% to $49.76 million. The company also detailed several recent acquisitions, including MARS Parts for $658.1 million and Aspen Manufacturing for $327.6 million, significantly expanding its HVAC/R and industrial offerings. Additionally, CSW Industrials committed to a plan to sell its Greco US business and exit its Greco Canada business.
Key Highlights
- Net revenues increased 33.06% to $350.65 million for Q1 2026, up from $263.65 million in Q1 2025.
- Net income attributable to CSW rose 21.59% to $49.76 million, compared to $40.93 million in Q1 2025.
- Diluted EPS grew 25.1% to $3.04 for Q1 2026, up from $2.43 in Q1 2025.
- Gross profit increased 36.3% to $157.36 million in Q1 2026.
- Operating income rose 45.5% to $79.85 million in Q1 2026.
- Net cash provided by operating activities was $75.62 million, up from $60.64 million.
- Acquired MARS Parts for $658.1 million and Aspen Manufacturing for $327.6 million.
- Committed to selling Greco US business and exiting Greco Canada business.
Price Impact
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