| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 154.81 | 7.3% | 6.4% |
| Total Income | 154.81 | 7.3% | 6.4% |
| Expenditure | 129.79 | 12.2% | 13.2% |
| PBT | 22.12 | 13.5% | 20.1% |
| Net Profit | 16.31 | 14.7% | 22.0% |
| OPM | 16.16% | 3.59pp | 5.02pp |
| NPM | 10.53% | 2.73pp | 3.83pp |
| EPS | 0.31 | 13.9% | 18.4% |
Enerpac Tool Group Reports Q2 FY26 Net Sales of $155 Million, Up 6%
04 May 2026 · 4 May, 12:21 am
Summary
Enerpac Tool Group reported a 6% increase in net sales for the second quarter of fiscal 2026, reaching $155 million. Organic sales grew by 2%, driven by a 6% organic increase in IT&S product sales. Net earnings were $16.3 million, or $0.31 per diluted share. The company updated its full-year fiscal 2026 guidance, projecting net sales between $635 million and $650 million, and adjusted EBITDA between $158 million and $163 million.
Key Highlights
- 1
Net sales were $155 million, a 6% increase compared to the prior year, with a 2% increase in organic sales.
- 2
IT&S Product sales increased 6% organically, marking the highest growth in 10 quarters.
- 3
Operating profit margin was 16.2%, while adjusted operating profit margin reached 19.0%.
- 4
Net earnings amounted to $16.3 million, or $0.31 per diluted share.
- 5
Adjusted EBITDA was $33.0 million, resulting in an adjusted EBITDA margin of 21.3%.
- 6
Year-to-date operating cash flow was $29 million, an increase from $16 million in the prior year.
- 7
Approximately $51 million was returned to shareholders through share repurchases.
Management Comments
Paul Sternlieb
"We were encouraged by the performance of our product business in the second quarter of fiscal 2026. Within the Industrial Tool & Service (IT&S) segment, product revenue increased 6 percent organically– the highest year-over-year gain in 10 quarters. We also enjoyed mid-single-digit growth in order rates, with gains in all three regions. At the same time, we took decisive action to address market-related challenges in IT&S’s EMEA region service business, with a restructuring to rightsize our cost structure to align with the softer demand environment. Additionally, the signing of a five-year service contract with a leading UK oil & gas customer, worth several million dollars annually, will support our strategic focus on higher-margin business."
Darren Kozik
"While our product business remains quite healthy, given the market pressure on our service business in the EMEA region, which could be further exacerbated by the conflicts in the Middle East, we have updated our guidance for full-year fiscal 2026 to narrow the range."
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