Donaldson Reports Record First Quarter Fiscal Year 2026 Sales and Earnings

About this update from Donaldson Company, Inc.

[{"type":"text","content":"First quarter sales up 3.9%, reflecting growth in replacement parts and new equipmentFirst quarter GAAP EPS up 19.0%, adjusted EPS up 13.3%Expanded operating margin through leverage on higher sales and cost optimization benefitsRaising fiscal 2026 adjusted operating margin and adjusted EPS guidance","length":302,"tagName":"p","attribs":{}},{"type":"text","content":"MINNEAPOLIS, December 04, 2025--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported first quarter fiscal 2026 generally accepted accounting principles (GAAP) net earnings of $113.9 million, compared with $99.0 million a year ago. Earnings per share (EPS)1 were $0.97 compared with first quarter fiscal 2025 EPS of $0.81. First quarter fiscal 2026 results include a $4.3 million pre-tax, non-recurring net benefit versus $3.3 million of net charges in the prior year period. Excluding these items, adjusted first quarter results23 reflect net earnings of $110.7 million, up 9.1% compared with prior year, and EPS of $0.94, a 13.3% increase versus 2025.","length":764,"tagName":"p"},{"type":"text","content":""Our first quarter results represent a strong start to fiscal 2026, driven by solid sales growth, leverage on higher sales and benefits from cost optimization initiatives," said Tod Carpenter, chairman, president and chief executive officer. "In the face of a dynamic macro landscape, and consistent with the value created by our robust portfolio of businesses and product offerings, we gained market share in key businesses and grew replacement part sales through our razor-to-sell-razorblades model. Combined with ongoing expense management, we converted sales growth of 4% into 13% adjusted EPS growth."","length":626,"tagName":"p"},{"type":"text","content":""Given our robust first quarter performance, we are raising our full-year adjusted operating margin and adjusted EPS guidance. We remain on track to deliver a record fiscal 2026, with the midpoint of our expectations including sales of $3.8 billion, incremental margin of more than 40%, and high-single digit adjusted earnings growth."","length":345,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"2","rowspan":"1","style":"vertical-align:top;padding-left:0.0px...

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