PH · Earnings call · 2026Q2T · Full report

Revenue Performance and Mix

Parker-Hannifin Corp · 2026-08-06 · Importance 43 · Surprise 32

Fiscal 2026 sales reached a record $21.5 billion, surpassing $20 billion for the first time, while organic growth accelerated to 6.6%. Fourth-quarter sales increased 10% year over year to a record level, including 8% organic growth, a 1.5% contribution from Curtis Instruments, and a 0.3% currency headwind. Fourth-quarter North American sales were $2.2 billion with 5% organic growth, while international sales reached a record $1.6 billion with 6.5% organic growth, led by 16% growth in Asia Pacific. Aerospace sales reached a record $1.9 billion in the quarter, up 13.4% organically, marking the fourth consecutive fiscal year of double-digit organic growth.

Key facts

• Pro forma sales today: approximately 65% from the combined technology platforms (Aerospace, Engineered Materials, Filtration)
• Fiscal year '26 sales: $21.5 billion
• Q4 adjusted net income: $1.2 billion, representing 21% return on sales
• Q4 adjusted EPS: $9.27, up 21% year-over-year and first time over $9 in a quarter
• Fiscal year '26 organic growth: 6.6%
• Fiscal year '26 adjusted earnings per share: $32.31, increased 18%
• Fourth quarter sales up 10% versus prior year
• Fourth quarter organic growth: up 8%