Slide 1: Fiscal 2026 Second-Quarter Results
FISCAL 2026 SECOND-QUARTER RESULTS APRIL 2, 2026 BMS Software Suite Mark Architectural Lighting , Juno®, Gotham ® Lighting: CIBC Square, Toronto
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation and related conference call and webcast forward-looking statements contained in the Act. Forward- conjunction with such filings. You are cautioned not to place contain “forward-looking statements” within the meaning of looking statements are not guarantee
Slide 3: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES We disclose the following non-generally accepted accounting especially those companies focused more on technology and measure for adjusted EBITDA is “net income,” which includes the principles ("GAAP") financial measures: "adjusted gross profit“ and software. Non-GAAP fin
Slide 4: About Acuity
ABOUT ACUITY OUR BUSINESS SEGMENTS a We use technology to solve problems in spaces, light and more things to come. INNOVATORS | DISRUPTORS | BUILDERS OUR VALUES HOW WE CREATE VALUE OUR OPERATING SYSTEM Grow Net Sales Integrity Time Curiosity Customer Obsessed a Turn Profits Into Cash a Don’t Grow th
Slide 5: AYI: Fiscal 2026 Second Quarter Performance
AYI: FISCAL 2026 SECOND QUARTER PERFORMANCE ($ in Millions, Except Per Share Data) NET SALES AYI ADJUSTED DILUTED EPS1 Strong Execution Delivers a Solid 5% 11% $1,056 Performance $1,006 $4.14 Adjusted Operating Profit1 Increased $3.73 by 8 Percent and Expanded Adjusted Operating Profit Margin1 by 50
Slide 6: ABL: Acuity Brands Lighting Fiscal 2026 Second Quarter Performance
ABL: ACUITY BRANDS LIGHTING Fiscal 2026 Second Quarter Performance Mark Architectural Lighting , Peerless® Lighting: Portland International Airport ($ in Millions) PREDICTABLE, REPEATABLE, SCALABLE NET SALES ADJUSTED OPERATING PROFIT1 ADJUSTED OPERATING PROFIT MARGIN1 (3%) $841 $817 Flat 50 bps 17.3
Slide 7: AIS: Acuity Intelligent Spaces Fiscal 2026 Second Quarter Performance
AIS: ACUITY INTELLIGENT SPACES Fiscal 2026 Second Quarter UNIQUE AND DISRUPTIVE Performance TECHNOLOGIES DRIVING PRODUCTIVITY FOR PEOPLE EXPERIENCING SPACES AND FOR PEOPLE PROVIDING THOSE SPACES Acuity India Experience Center ($ in Millions) MAKING SPACES AUTONOMOUS NET SALES ADJUSTED OPERATING PROF
Slide 8: YTD Fiscal 2026 Capital Allocation Priorities
YTD FISCAL 2026 CAPITAL ALLOCATION PRIORITIES YTD FISCAL 2026 QUARTER 1. ALLOCATION Invest for Growth in our Current Businesses $230M Cash Flow From Operations 2. Invest in M&A $42M Capital Expenditures 3. Increase our Dividend $106M Share Repurchases 4. Repurchase Shares $200M Debt Repayment NYSE:
Slide 9: Fiscal 2026 Outlook
FISCAL 2026 OUTLOOK AYI Net Sales Range1 $4.7B to $4.9B Adjusted Diluted EPS Range1 $19.00 to $20.50 1 Management estimates are based on multiple quantitative and qualitative inputs and contains forward-looking information; please see Forward Looking Statements on slide 2. We do not expect to update
Slide 10: Quarterly Trends
QUARTERLY TRENDS Luminus® Pelican: Application Rendering
Slide 11: AYI: Quarterly Trends
AYI: QUARTERLY TRENDS ($ in Millions, Except Per Share Data) $1,179 $1,209 $1,144 $1,032 $1,056 $1,006 $935 $968 $952 $906 Net Sales Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales Growth (6.3%) (4.0%) (3.2%) 2.2% 1.8% 11.1% 21.7% 17.1% 20.2% 4.9% Gross Profit Margin (GAAP) 45.
Slide 12: ABL: Quarterly Trends
ABL: QUARTERLY TRENDS ($ in Millions) $955 $962 $899 $923 $876 $886 $895 $844 $841 $817 Net Sales Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales Growth (7.5%) (5.3%) (4.5%) 1.1% 1.1% (0.3%) 2.7% 0.8% 1.0% (2.8%) Gross Profit Margin (GAAP) 44.7% 44.1% 45.6% 46.0% 45.9% 45.0% 46
Slide 13: AIS: Quarterly Trends
AIS: QUARTERLY TRENDS ($ in Millions) $264 $257 $255 $248 $172 $76 $84 Net Sales $68 $74 $64 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales Growth 13.0% 17.0% 15.0% 16.7% 14.5% 151.8% 248.9% 204.2% 250.2% 44.7% Gross Profit Margin (GAAP) 56.9% 59.7% 55.9% 59.4% 58.5% 52.5% 52.
Slide 14: Appendix
nLight® AnimateTM Controller: Application Rendering APPENDIX
Slide 15: AYI: Adjusted Gross Profit and Adjusted Gross Profit Margin
AYI: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 $1,056 Gross Profit (GAAP) 428 412 452 489 449 468 570 591 $554 $520 Gross Profit Margin (GAAP) 45.
Slide 16: AYI: Adjusted Operating Profit and Adjusted Operating Profit Margin
AYI: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 $1,056 Operating Profit (GAAP) 133 118 145 157 133 110 140 181 $160 $133 Operating Profit M
Slide 17: AYI: Adjusted Net Income and Adjusted Diluted Earnings Per Share
AYI: ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE ($ in Millions, Except Per Share Data) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 $1,056 Net income (GAAP) 101 89 114 119 107 78 98 114 $121 $97 Adjustme
Slide 18: AYI: EBITDA and Adjusted EBITDA
AYI: EBITDA AND ADJUSTED EBITDA ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $935 $906 $968 $1,032 $952 $1,006 $1,179 $1,209 $1,144 $1,056 Net Income (GAAP) 101 89 114 119 107 78 98 114 121 97 Net Income as a Percent of Net Sales (GAAP) 10.8% 9.8% 11.8% 11.5%
Slide 19: AYI: Year-to-Date Cash Flow
AYI: YEAR-TO-DATE CASH FLOW ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 YTD Net cash provided by operating activities (GAAP) $190 $293 $445 $619 $132 $192 $399 $601 $141 $230 YTD Purchases of property, plant, and equipment (15) (29) (41) (64) (19) (29) (44) (68) (26)
Slide 20: ABL: Adjusted Gross Profit and Adjusted Gross Profit Margin
ABL: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $876 $844 $899 $955 $886 $841 $923 $962 $895 $817 Gross Profit (GAAP) 392 372 410 439 406 378 430 440 401 374 Gross Profit Margin (GAAP) 44.7% 44.1% 45.6%
Slide 21: ABL: Adjusted Operating Profit and Adjusted Operating Profit Margin
ABL: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $876 $844 $899 $955 $886 $841 $923 $962 $895 $817 Operating Profit (GAAP) 144 126 152 162 143 130 134 183 149 125 Operating Profit Margin (GAAP) 1
Slide 22: AIS: Adjusted Gross Profit and Adjusted Gross Profit Margin
AIS: ADJUSTED GROSS PROFIT AND ADJUSTED GROSS PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $64 $68 $76 $84 $74 $172 $264 $255 $257 $248 Gross Profit (GAAP) 37 41 42 50 43 90 140 151 153 147 Gross Profit Margin (GAAP) 56.9% 59.7% 55.9% 59.4% 58.5
Slide 23: AIS: Adjusted Operating Profit and Adjusted Operating Profit Margin
AIS: ADJUSTED OPERATING PROFIT AND ADJUSTED OPERATING PROFIT MARGIN ($ in Millions) Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 Net Sales $64 $68 $76 $84 $74 $172 $264 $255 $257 $248 Operating Profit (GAAP) 5 9 13 17 11 10 27 28 37 28 Operating Profit Margin (GAAP) 8.3% 13.4% 16.5% 1