EMR · 10-Q · 2026Q2 · Full report
Segment Revenue Performance
EMERSON ELECTRIC CO · 2026-08-04 · Importance 49 · Surprise 32 · In source text
Software & Systems generated $4.6 billion in nine-month sales, up 7%, including 18% growth in Test & Measurement and 3% growth in Control Systems & Software. Intelligent Devices generated $7.6 billion, up 4%, with Sensors up 4% and Final Control up 4%; China declined 10% for the segment. Safety & Productivity sales increased 3% to $1.6 billion, although volume declined 3% and Europe declined 5%. Third-quarter Software & Systems sales increased 11% to $1.6 billion, reflecting 23% growth in Test & Measurement and strength in power, semiconductor, and aerospace and defense.
Key facts
- Q3 FY2026 Software & Systems sales: $1,644, increase of $164, or 11 percent; underlying sales up 11 percent on 7 percent higher volume and 4 percent higher price. source
- Nine months Software & Systems earnings were $762, an increase of $109, or 17 percent; margin increased 1.4 percentage points; adjusted EBITA margin was 30.8 percent, a decrease of 0.9 percentage points (including ~2 percentage point negative impact from timing of software renewals). source
- Nine months Software & Systems sales: $4,600, increase of 7 percent; underlying sales increased 5 percent on 3 percent higher price and 2 percent higher volume despite -3 percent from timing of software renewals. source
- Nine months Intelligent Devices sales: $7,580, increase of $279, or 4 percent; underlying sales increased 2 percent on 3 percent higher price offset by 1 percent lower volume, including a 0.5 percent negative impact related to the conflict in the Middle East. source
- Q3 FY2026 Intelligent Devices sales: $2,677, increase of $142, or 6 percent versus prior year; underlying sales increased 5 percent on 3 percent higher price and 2 percent higher volume. source
- Q3 FY2026 Safety & Productivity sales: $552, increase of $14, or 3 percent versus prior year; underlying sales up 2 percent on 4 percent higher price offset by 2 percent lower volume. source
- Nine months Safety & Productivity sales: $1,601, increase of $53, or 3 percent; underlying sales up 2 percent on 5 percent higher price offset by 3 percent lower volume. source
- Nine months Software & Systems Test & Measurement sales increased $191, or 18 percent; underlying sales increased 15 percent. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +6.2% | Nine months Software & Systems sales: $4,600, increase of 7 percent; underlying sales increased 5 percent on 3 percent higher price and 2… |
| revenue | positive | realized | +5.7% | Nine months Intelligent Devices sales: $7,580, increase of $279, or 4 percent; underlying sales increased 2 percent on 3 percent higher… |
| revenue | positive | realized | +3.4% | Q3 FY2026 Software & Systems sales: $1,644, increase of $164, or 11 percent; underlying sales up 11 percent on 7 percent higher volume and… |
| revenue | positive | realized | +2.9% | Q3 FY2026 Intelligent Devices sales: $2,677, increase of $142, or 6 percent versus prior year; underlying sales increased 5 percent on 3… |
| operating_income | positive | realized | +2.2% | Nine months Software & Systems earnings were $762, an increase of $109, or 17 percent; margin increased 1.4 percentage points; adjusted… |
| margin | negative | realized | -2.0% | Nine months Software & Systems earnings were $762, an increase of $109, or 17 percent; margin increased 1.4 percentage points; adjusted… |
| margin | positive | realized | +1.4% | Nine months Software & Systems earnings were $762, an increase of $109, or 17 percent; margin increased 1.4 percentage points; adjusted… |
| revenue | positive | realized | +1.1% | Nine months Safety & Productivity sales: $1,601, increase of $53, or 3 percent; underlying sales up 2 percent on 5 percent higher price… |
| margin | negative | realized | -0.9% | Nine months Software & Systems earnings were $762, an increase of $109, or 17 percent; margin increased 1.4 percentage points; adjusted… |
| revenue | positive | realized | +0.3% | Q3 FY2026 Safety & Productivity sales: $552, increase of $14, or 3 percent versus prior year; underlying sales up 2 percent on 4 percent… |