Press release
Cintas Corporation Announces Fiscal 2026 First Quarter Results
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2026 first quarter ended August 31, 2025. Revenue for
About this update from Cintas Corporation
[{"type":"text","content":" CINCINNATI--(BUSINESS WIRE)--\nCintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2026 first quarter ended August 31, 2025. Revenue for the first quarter of fiscal 2026 was $2.72 billion compared to $2.50 billion in last year’s first quarter, an increase of 8.7%. Revenue growth in the quarter was positively impacted by 0.9% due to acquisitions. The organic revenue growth rate for the first quarter of fiscal 2026, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.8%.\n\n\nGross margin for the first quarter of fiscal 2026 was $1.37 billion compared to $1.25 billion in last year’s first quarter, an increase of 9.1%. Gross margin as a percentage of revenue was 50.3% for the first quarter of fiscal 2026 compared to 50.1% in last year's first quarter, an increase of 20 basis points.\n\n\nOperating income for the first quarter of fiscal 2026 increased 10.1% to $617.9 million compared to $561.0 million in last year's first quarter. Operating income as a percentage of revenue was 22.7% in the first quarter of fiscal 2026 compared to 22.4% in last year's first quarter.\n\n\nNet income was $491.1 million for the first quarter of fiscal 2026 compared to $452.0 million in last year's first quarter, an increase of 8.7%. The first quarter of fiscal 2026 effective tax rate was 17.6% compared to 15.8% in last year's first quarter. The tax rates in both quarters were impacted by certain discrete items, primarily the tax accounting impact for stock-based compensation. First quarter of fiscal 2026 diluted earnings per share (EPS) was $1.20 compared to $1.10 in last year's first quarter, an increase of 9.1%.\n\n\nDuring the first quarter of fiscal 2026 and through September 23, 2025, Cintas purchased shares of Cintas common stock under our share buyback programs, for a total purchase price of $347.4 million. On September 15, 2025, Cintas paid an aggregate quarterly dividend of $182.3 million to shareholders, an increase of 15.4% from the amount paid last September.\n\n\nTodd M. Schneider, Cintas' President and Chief Executive Officer, stated, “In the first quarter, we achieved strong revenue growth, along with healthy margin expansion, reflecting our disciplined execution, ongoing investment in technology and talent, and the unwavering commitment of our employee-partners. Our r...