EMR · 10-K · 2026A · Full report

Software & Systems Demand

EMERSON ELECTRIC CO · 2026-11-09 · Importance 54 · Surprise 40

Software & Systems sales reached $6.3 billion in fiscal 2026, up 8%, with underlying sales increasing 7% on 4% higher volume and 3% higher price. Demand in power and life sciences supported Control Systems & Software, while aerospace & defense and semiconductor strength supported Test & Measurement, whose sales increased 17% and underlying sales increased 15%. Software-renewal timing negatively affected underlying volume by 2% and reduced Software & Systems margin by approximately 1.5 percentage points.