| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 435.24 | 13.3% | 13.8% |
| Total Income | 435.24 | 13.3% | 13.8% |
| Expenditure | 362.03 | 12.4% | 14.8% |
| PBT | 73.37 | 18.3% | 11.6% |
| Net Profit | 57.80 | 20.3% | 10.6% |
| OPM | 16.82% | 0.63pp | 0.74pp |
| NPM | 13.28% | 0.77pp | 0.38pp |
| EPS | — |
Brady Corporation Reports Record Adjusted EPS for Q3 FY26
18 May 2026 · 18 May, 4:41 pm
Summary
Brady Corporation reported its fiscal 2026 third quarter results, with sales increasing by 13.8 percent to $435.2 million. Organic sales grew by 8.2 percent, and adjusted diluted EPS increased by 23.0 percent to $1.50. The company raised its adjusted diluted EPS guidance for the full year ending July 31, 2026, to a range of $5.20 to $5.30 per share. The company's net cash position was $148.6 million as of April 30, 2026.
Key Highlights
- 1
Sales for the quarter increased 13.8 percent compared to the same quarter of the prior year, reaching $435.2 million.
- 2
Organic sales increased 8.2 percent, with acquisitions contributing 2.1 percent and foreign currency translation adding 3.5 percent to sales growth.
- 3
Diluted EPS increased 11.0 percent to $1.21 in the third quarter of fiscal 2026 compared to $1.09 in the same quarter of the prior year.
- 4
Adjusted Diluted EPS increased 23.0 percent to $1.50 in the third quarter of fiscal 2026 compared to $1.22 in the same quarter of the prior year.
- 5
Net cash provided by operating activities increased to $78.2 million in the third quarter of fiscal 2026 compared to $59.9 million in the third quarter of last year.
- 6
Adjusted Diluted EPS Guidance was raised for the full year ending July 31, 2026 from the previous range of $4.95 to $5.15 per share to the new range of $5.20 to $5.30 per share.
- 7
The company was in a net cash position of $148.6 million as of April 30, 2026.
Management Comments
Russell R. Shaller
“Our investment in research & development resulted in strong organic sales growth globally, along with a record quarter of adjusted earnings per share. New product launches over the last several years as well as data center construction drove our sales growth, which is an end market that is ideal for our high-performance identification solutions.” “Last month, we announced our agreement to acquire Honeywell’s Productivity Solutions and Services business, which we expect to close in the second half of calendar 2026. I’m incredibly excited to execute our plans for growth and expand our portfolio through PSS with high-quality mobility and scanning solutions, which are highly complementary to Brady’s portfolio of printers, software and specialty adhesive materials.”
Ann Thornton
“In addition to our new quarterly record adjusted earnings per share, we increased our cash flow from operating activities more than 30 percent to $78.2 million in the quarter, and we returned $16.7 million to our shareholders in the form of dividends and share buybacks.” “We were in a net cash position of $148.6 million as of April 30, 2026, which gives us the ability to continue to invest in organic growth and provides support for our acquisition of the Productivity Solutions and Services business, while returning funds to our shareholders to continue to drive long-term shareholder value.”
Informational and educational content only. Not investment advice.