| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 8.5K | 14.5% | 21.4% |
| Total Income | 8.5K | 14.5% | 21.4% |
| Expenditure | 7.4K | 16.4% | 26.5% |
| PBT | 1.1K | 3.3% | 3.5% |
| Net Profit | 821.00 | 5.2% | 16.4% |
| OPM | — | ||
| NPM | 9.62% | 2.00pp | 4.35pp |
| EPS | 2.11 | 5.4% | 16.3% |
Eaton Reports Record Second Quarter 2026 Results
31 Jul 2026 · 31 Jul, 4:36 pm
Summary
Eaton Corporation plc announced record second quarter 2026 results, with sales reaching $8.5 billion, a 21% increase year-over-year, fueled by 14% organic sales growth. Adjusted earnings per share also hit a record at $3.15. The company highlighted strong order growth across its segments and a significant increase in total backlog. Management is raising full-year organic growth guidance and expects the separation of its Mobility business through a Reverse Morris Trust transaction to further focus the company on higher-growth segments.
Key Highlights
- 1
Eaton Corporation plc reported record second quarter 2026 sales of $8.5 billion, an increase of 21% from the second quarter of 2025, driven by 14% organic sales growth.
- 2
Second quarter adjusted earnings per share reached a record $3.15, up from $2.95 in the prior year's second quarter.
- 3
Total backlog experienced strong year-over-year growth, with a 43% increase in the Electrical sector and a 28% increase in the Aerospace segment.
- 4
The company announced an agreement to separate its Mobility business through a Reverse Morris Trust transaction, expected to close in the first quarter of 2027.
- 5
Eaton raised its full-year 2026 organic growth guidance to 11-13% and adjusted earnings per share guidance to $13.40-$13.60, representing a 12% increase at the midpoint over 2025.
- 6
Electrical Americas segment sales were a record $4.0 billion, up 18% organically, with operating profits up 10% and margins improving 190 basis points sequentially.
- 7
Aerospace segment sales reached a record $1.2 billion, up 13% from the second quarter of 2025, with operating margins up 60 basis points.
Management Comments
Paulo Ruiz
Eaton accelerated its momentum in the second quarter and delivered record sales and solid earnings from strong organic growth. Our focus on disciplined execution led to sequential margin expansion, especially in Electrical Americas. While data centers remain a key growth driver, we are benefiting from robust demand across our end markets. Reflecting this strong performance and sustained demand, we are raising our full-year organic growth guidance and remain well-positioned to deliver on our commitments.
Informational and educational content only. Not investment advice.