Slide 1: ESCO Technologies First Quarter FY 2026 Earnings Call
ESCO Technologies First Quarter FY 2026 Earnings Call Bryan Sayler President & CEO Chris Tucker Sr. Vice President & CFO February 5, 2026 1
Slide 2: Forward Looking Statement
Forward Looking Statement Statements in this presentation regarding Management’s intentions, expectations and guidance for fiscal 2026, including restructuring and cost reduction actions, sales, orders, revenues, margin, earnings, Adjusted EPS, acquisition related amortization, and any other stateme
Slide 3: Q1 Results – Continuing Operations
Q1 Results – Continuing Operations ($ in Millions, except per share amounts) Entered Orders Sales Adjusted EBIT Adjusted EPS 557.2 289.7 56.1 $1.64 214.6 19.4% 33.5 $0.95 229.2 15.6% Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Entered Orders • Orders +$328M (+143%) Q1’25 Q1’26 Delta $ Delta % •
Slide 4: A&D Continuing Operations – Q1
A&D Continuing Operations – Q1 ($ in Millions) Entered Orders Sales Adjusted EBIT 382.3 38.1 143.8 26.5% 81.9 17.5 74.8 21.3% Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Entered Orders • Orders +$307M (+411%) / Organic Orders +$69M (+92%) Q1’25 Q1’26 Delta $ Delta % • Navy – Q1 included $238M of Maritime Or
Slide 5: USG – Q1
USG – Q1 ($ in Millions) Entered Orders Sales Adjusted EBIT 98.8 +1.0% 20.5 86.7 87.5 19.6 89.6 23.6% 22.4% Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Entered Orders • Doble +$11M (+15%) - Strong orders quarter for Services, Condition Q1’25 Q1’26 Delta $ Delta % Monitoring, and Offline Test equipment Enter
Slide 6: Test – Q1
Test – Q1 ($ in Millions) Entered Orders Sales Adjusted EBIT 58.3 8.0 76.0 64.8 46.1 13.8% 4.9 10.6% Q1'25 Q1'26 Q1'25 Q1'26 Q1'25 Q1'26 Entered Orders Q1’25 Q1’26 Delta $ Delta % • Orders +$11M (+17%) • Strong quarter for U.S. Test & Measurement (EMC), Entered Orders $64.8 76.0 11.2 17.3% Industria
Slide 7: Cash Flow & Capital Expenditures – Continuing Operations
Cash Flow & Capital Expenditures – Continuing Operations ($ in Millions) Operating Cash Flow Capital Spending 68.9 5.9 5.1 29.2 Q1'25 Q1'26 Q1'25 Q1'26 Operating Cash Flow • Improvement mainly driven by higher earnings and an Cash Flow Q1’25 Q1’26 Delta increase in contract liabilities. Operating Ca
Slide 8: FY’26 Guidance – Continuing Operations
FY’26 Guidance – Continuing Operations Sales • Raising guidance to increase 18% to 21% and be in the range of $1.29B to $1.33B • Increase of $20M from initial November guidance • A&D – Raising guidance to increase 34% - 39% (increasing from 33% - 38%) • Organic Growth of 7% - 9% (increasing from 6%
Slide 9: ESCO Technologies Q&A
ESCO Technologies First Quarter FY 2026 Earnings Call Q&A 9
Slide 10: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures 10