| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 167.55 | 8.2% | 5.6% |
| Total Income | 167.55 | 8.2% | 5.6% |
| Expenditure | 126.19 | 2.8% | 0.6% |
| PBT | 38.69 | 74.9% | 36.5% |
| Net Profit | 29.80 | 82.7% | 35.2% |
| OPM | 24.69% | 8.53pp | 4.72pp |
| NPM | 17.78% | 7.25pp | 3.89pp |
| EPS | 0.58 | 87.1% | 41.5% |
Enerpac Tool Group Reports Q3 FY26 Results and Announces Acquisition of SFE Group
08 Jul 2026 · 8 Jul, 6:01 pm
Summary
Enerpac Tool Group Corp. reported a 6% increase in net sales to $167.6 million for its fiscal third quarter ended May 31, 2026. Net earnings were $29.8 million, or $0.58 per diluted share. The company also announced a definitive agreement to acquire SFE Group, which is expected to add a complementary product platform and expand presence in higher-growth end markets. Management expressed satisfaction with the solid growth delivered in the quarter, despite continued market challenges.
Key Highlights
- 1
Consolidated net sales increased by 6% to $167.6 million in the third quarter of fiscal 2026 compared to the prior year.
- 2
Net earnings were $29.8 million, or $0.58 per diluted share, for the third quarter of fiscal 2026.
- 3
Adjusted EBITDA for the third quarter of fiscal 2026 was $46.9 million, an increase from $41.0 million in the prior-year period.
- 4
Gross profit margin increased 260 basis points year over year to 53.0% in Q3 FY26.
- 5
Year-to-date operating cash flow was $69 million, up from $56 million in the prior year.
- 6
The company announced a definitive agreement to acquire Specialized Fabrication Equipment Group LLC (SFE Group).
Management Comments
Paul Sternlieb
We were pleased with the performance of our business and the solid growth we delivered in the third quarter of fiscal 2026. Within the Industrial Tool & Service (IT&S) segment, product sales increased 5 percent organically year over year, reflecting the underlying strength of the business. While we saw continued market challenges in the quarter due to the conflict in the Middle East, we are encouraged by the strong sequential growth in our Service business and expect to see continued improvement as we realize the benefits of our focused commercial activities and restructuring actions over the coming quarters. The acquisition of SFE Group will add a premium brand platform of complementary products with a record of strong growth and profitability, while expanding our presence in higher-growth end markets and geographies.
Darren Kozik
We were pleased with the solid organic growth in our product business as well as the sequential improvement in Service. While we continue to implement the Service improvement plan, we expect to see near-term pressure from the Service business and geopolitical events.
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