| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 440.10 | 4.5% | 10.0% |
| Total Income | 440.10 | 4.5% | 10.0% |
| Expenditure | 415.60 | 3.6% | 9.4% |
| PBT | 14.40 | 51.6% | 34.6% |
| Net Profit | 12.10 | 49.4% | 31.5% |
| OPM | 5.57% | 0.89pp | 0.54pp |
| NPM | 2.75% | 0.83pp | 0.45pp |
| EPS | 0.87 | 50.0% | 29.9% |
ParkOhio Reports Record Q2 2026 Revenue of $440M, Up 10% YoY, and Raises FY26 Outlook
06 Aug 2026 · 6 Aug, 1:50 am
Summary
Park-Ohio Holdings Corp. reported record second quarter 2026 revenues of $440 million, a 10% increase year-over-year, driven by strong demand across most end markets. The company achieved a gross margin of 17.9%, its highest quarterly level since 2013, and saw GAAP EPS rise 30% to $0.87. Management raised the full-year 2026 outlook, citing strong first-half performance, visibility into customer demand, and continued productivity investments. The company expects continued revenue growth and margin expansion, supported by demand in aerospace and defense, AI data centers, and key industrial markets.
Key Highlights
- 1
Park-Ohio announced record second quarter revenues of $440 million, representing a 10% increase year-over-year.
- 2
Gross margin reached 17.9% in the second quarter of 2026, up 90 basis points and the highest quarterly level since 2013.
- 3
GAAP EPS for the second quarter was $0.87, a 30% increase compared to $0.67 in the prior year quarter.
- 4
Operating cash flow improved significantly to $9 million from a use of $14 million in the second quarter of 2025.
- 5
The company raised its full-year 2026 outlook for Net Sales to $1.700 billion - $1.730 billion and Adjusted EPS to $3.10 - $3.30 per diluted share.
- 6
Record year-to-date revenue of $861 million was achieved, up 7% year-over-year, with strong growth across all three business segments.
Management Comments
Matthew V. Crawford
We are pleased to announce record second quarter revenues, driven by strong demand across most end markets. Disciplined execution by our team continued to translate into improved profitability metrics and cash flow performance. We believe our transformation into a faster growing, less cyclical business continues, and we expect that productivity investments in our core products and services are in the early days of adding to the durability of our long-term operating model. Given our strong first half performance and visibility into our customer demand for the second half, we feel well-positioned to raise the bar for our performance in 2026.
Informational and educational content only. Not investment advice.