| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 5.5K | 6.0% | 10.6% |
| Total Income | 5.5K | 6.0% | 10.6% |
| Expenditure | 4.3K | 6.6% | 10.5% |
| PBT | 1.1K | 5.2% | 12.5% |
| Net Profit | 904.00 | 7.0% | 5.9% |
| OPM | 22.40% | 0.44pp | 0.06pp |
| NPM | 16.48% | 0.15pp | 2.89pp |
| EPS | 7.16 | 7.0% | 4.3% |
Parker Hannifin Reports Q3 FY26 Sales of $5.5 Billion, Up 11%
03 May 2026 · 3 May, 6:10 pm
Summary
Parker Hannifin Corporation reported an 11% increase in sales to a record $5.5 billion for the third quarter of fiscal year 2026. Adjusted net income increased by 16% to $1.0 billion, with adjusted EPS rising by 18% to a record $8.17. Year-to-date cash flow from operations was a record $2.6 billion, representing 16.7% of sales. The company has raised its outlook for sales and EPS for the fiscal year ending June 30, 2026.
Key Highlights
- 1
Sales increased by 11% to a record $5.5 billion in the third quarter of fiscal year 2026.
- 2
The company's segment operating margin was 23.4%, reflecting an increase of 20 bps, or 26.7% adjusted, an increase of 40 bps.
- 3
Adjusted net income increased by 16% to $1.0 billion in Q3 FY26.
- 4
Adjusted EPS increased by 18% to a record $8.17 for the third quarter of fiscal year 2026.
- 5
Year-to-date cash flow from operations reached a record $2.6 billion, representing 16.7% of sales.
- 6
Parker Hannifin repurchased $275 million of shares during the quarter.
- 7
The company has increased its outlook for sales and EPS for the fiscal year ending June 30, 2026.
Management Comments
Jenny Parmentier
“Our global team delivered another quarter of record performance,” said Jenny Parmentier, Chairman and Chief Executive Officer. “In the third quarter, we reported record sales, adjusted segment operating income and margin, adjusted earnings per share and year-to-date operating cash flow. These results reflect the strength of our focused portfolio and our ability to use the tools in The Win Strategy™ to best serve the needs of our customers. With strong orders and record backlog, we are raising our outlook and now expect mid-teens adjusted EPS growth for the year. Our focus on being great generators and deployers of cash is underscored by our recent decision to raise our quarterly cash dividend by 11%. This extends our track record of increasing our annual dividend payout, which now stands at 70 consecutive fiscal years.”
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