Business
Columbus McKinnon Reports Q1 FY26 Results and Reaffirms Guidance
CHARLOTTE, N.C., July 30, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer,
About this update from Columbus Mckinnon Corporation
[{"type":"text","content":"CHARLOTTE, N.C., July 30, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) (\"Columbus McKinnon\" or the \"Company\"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced financial results for its fiscal year 2026 first quarter, which ended June 30, 2025. \n\n \n \n \n \n \n \n\n \nFirst Quarter 2026 Highlights (compared with prior-year period, except where otherwise noted)\nOrders of $258.6 million increased 2% driven by an 8% increase in project-related orders Backlog of $360.1 million increased $67.3 million or 23% and a Book-to-Bill Ratio of 1.1xNet sales of $235.9 million with 2.3% operating margin or 7.8% on an adjusted basis1 includes a tariff impact of $4.2 million to operating profitNet loss of $1.9 million with a net loss margin of (0.8%) includes $8.1 million of Kito Crosby acquisition-related expenses, $4.2 million tariff impact and $2.5 million of business realignment costs on a pre-tax basisAdjusted EBITDA1 of $30.8 million with an Adjusted EBITDA Margin1 of 13.0% GAAP EPS of ($0.07) and Adjusted EPS1,2 of $0.50 includes an $0.11 per share unfavorable tariff impact3\"The first quarter largely played out as expected as we delivered sustained order growth in an environment where global tariff policies pressured near-term results,\" said David J. Wilson, President and Chief Executive Officer. \"While the geographic distribution of tariffs has evolved, we continue to anticipate approximately $10 million of net tariff impact in the first half of fiscal 2026, consistent with our prior guidance.\"\n\"The demand environment remains healthy and our optimism for the business remains unchanged. This was underscored by a book-to-bill ratio of 1.1x in the first quarter and a 23% increase in our backlog year-over-year,\" continued Wilson. \"We have a history of successfully navigating uncertain environments and we remain focused on controlling what we can control, while emphasizing strong operational execution, cost management and advancing our strategic plan.\"\nWilson concluded \"We continue to progress towards the closing of the Kito Crosby acquisition and believe with the benefits of scale, improved solutions, the realization of synergies and strong free cash flow, we will be positioned to grow profitably and deliver long-term value for our sha...