Columbus Mckinnon Corporation · NASDAQ:CMCO
Columbus Mckinnon — Q1 2026 Earnings Presentation
17 slides from Columbus Mckinnon's earnings presentation, Jul 30, 2025
Slide 1: Q1 Fiscal 2026 Financial Results Conference Call
July 30, 2025 Q1 Fiscal 2026 Financial Results Conference Call David Wilson Gregory Rustowicz Kristine Moser President & Executive Vice President Finance Vice President, Investor Relations Chief Executive Officer & Chief Financial Officer & Treasurer
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying oral discussion contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are generally identified by the use of forward-looking terminology, including
Slide 3: Q1 FY26 Highlights
Q1 FY26 Highlights Strong orders and record backlog • Orders of $259M, up 2% Y/Y driven by growth of 8% in project-related business • Backlog of $360M increased $67M or 23% Y/Y • Book to Bill of 1.1x Net sales of $236M with 2.3% operating margin or 7.8% on an adjusted basis1 includes a tariff impact
Slide 4: Orders and Backlog
Orders and Backlog ($ in millions, $M) Quarterly Orders Backlog Solid Q1 FY26 orders with a Book to Bill of 1.10x $300.0 2.00x $360.1 Q1 FY26 Orders up 2% Y/Y to $258.6M $252.6 $258.6 1.80x Project-related orders grew 8% Y/Y given traction of $250.0 commercial initiatives $292.8 Short 1.60x $136
Slide 5: Net Sales
Net Sales ($ in millions, $M) Q1 FY26 Net Sales Bridge Q1 FY26 net sales decreased 2% Y/Y Short-cycle down 3% Y/Y impacted by U.S. tariff policy uncertainty and slower recovery in Europe $239.7 $2.4 $3.1 $235.9 Project-related sales flat due to timing of orders that are $(9.4) expected to benefi
Slide 6: Operating Income and EPS
Operating Income and EPS ($ in millions, $M) Operating Income Quarterly Diluted EPS Q1 FY26 Financial Highlights: Gross profit and Adjusted Gross Profit1 impacted by: $25.7 $0.62 Sales volume and product mix $4.2M from tariffs $0.50 $18.5 RSG&A included $8.1M of costs related to pending Kito
Slide 7: Cash Flow
Cash Flow ($ in millions, $M) Quarterly Free Cash Flow1 Q1 FY26 net cash used by operations of $18.2M and Free Cash Flow1 of ($21.4M) reflects: Normal seasonality of cash flow $4.1M of acquisition-related cash payments $3.1M higher cash taxes primarily related to deferred FY25 payments (Hurric
Slide 8: Reaffirm FY26 Guidance
Reaffirm FY26 Guidance Fiscal Year 2026 Guidance Guidance Assumptions: ~$35M of interest expense Net Sales Growth Flat to slightly up ~$30M of amortization ~25% effective tax rate ~29.0M diluted average shares outstanding Adjusted EPS1 Flat to slightly up Guidance contemplates the followin
Slide 9: Supplement
Supplement
Slide 10: Kito Crosby Acquisition Update
Kito Crosby Acquisition Update + Compelling Strategic and Financial Rationale Pathway and Progress to Close Enhances scale and strengthens competitiveness – broader product Committed financing has been successfully syndicated, including a new portfolio, enhanced operational capabilities and geogra
Slide 11: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this presentation to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GA
Slide 12: Non-GAAP Measures: Adjusted Gross Profit and Adjusted Gross Margin
Non-GAAP Measures: Adjusted Gross Profit and Adjusted Gross Margin ($ in thousands) Quarter Q1 FY25 Q1 FY26 Gross profit $ 89,030 77,222 Add back (deduct): Business realignment costs 392 1,385 Factory and warehouse consolidation costs — 425 Monterrey, MX new factory start-up costs 1,625 1,901 Adjust
Slide 13: Non-GAAP Measures: Adjusted RSG&A and Adjusted RSG&A as a Percent of Sales
Non-GAAP Measures: Adjusted RSG&A and Adjusted RSG&A as a Percent of Sales ($ in thousands) Quarter Q1 FY25 Q1 FY26 RSG&A $ 60,383 $ 64,095 Add back (deduct): Acquisition deal and integration costs — (8,103) Business realignment costs (458) (1,140) Headquarter relocation costs (96) — Factory and war
Slide 14: Non-GAAP Measures: Adjusted Operating Income and Adjusted Operating Margin
Non-GAAP Measures: Adjusted Operating Income and Adjusted Operating Margin ($ in thousands) Quarter Q1 FY25 Q1 FY26 Income from operations $ 21,147 $ 5,492 Add back (deduct): Acquisition deal and integration costs — 8,103 Business realignment costs 850 2,525 Headquarter relocation costs 96 — Factory
Slide 15: Non-GAAP Measures: Adjusted Net Income and Adjusted EPS
Non-GAAP Measures: Adjusted Net Income and Adjusted EPS ($ in thousands, except per share data) Quarter Q1 FY25 Q1 FY26 Net income $ 8,629 $ (1,898) Add back (deduct): Amortization of intangibles 7,500 7,635 Acquisition deal and integration costs — 8,103 Business realignment costs 850 2,525 Headquar
Slide 16: Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin
Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin ($ in thousands) Quarter Q1 FY25 Q1 FY26 Net income $ 8,629 $ (1,898) Add back (deduct): Income tax expense (benefit) 3,421 260 Interest and debt expense 8,235 8,698 Investment (income) loss (209) (1,049) Foreign currency exchange (gain)
Slide 17: Non-GAAP Measures: Free Cash Flow and Free Cash Flow Conversion
Non-GAAP Measures: Free Cash Flow (FCF) and Free Cash Flow Conversion ($ in thousands) Quarter Q1 FY25 Q1 FY26 Net cash provided by (used for) operating activities $ (10,758) $ (18,153) Capital expenditures (4,629) (3,202) Free Cash Flow (FCF) $ (15,387) $ (21,355) Net income (loss) $ 8,629 $ (1,898