Rockwell Automation, Inc. · NYSE:ROK
Rockwell Automation — Q2 2026 Earnings Presentation
27 slides from Rockwell Automation's earnings presentation, May 5, 2026
Slide 1: Q2 Fiscal 2026 Earnings Presentation
Q2 Fiscal 2026 Earnings Presentation May 5, 2026 PUBLIC 1
Slide 2: Forward-Looking Statements
This presentation includes statements related to the expected future results of the company and are therefore forward-looking statements. Actual results may differ materially from those projections due to a wide range of risks and uncertainties, including those that are listed in our SEC filings. Th
Slide 3: Q2 FY26 Results Highlights
Q2 FY26 Results Highlights ▶ Reported sales up 12% YOY; organic sales up 9% ▶ Currency increased sales ~3 pts YOY ▶ Total Annual Recurring Revenue (ARR) up 6% YOY, with software ARR up high single digits ▶ GAAP measures: pretax margin of 19.7% and diluted EPS of $3.10 ▶ Enterprise operating margin(1
Slide 4: Q2 FY26 Organic Industry Segment Performance
Q2 FY26 Organic Industry Segment Performance Q2 FY26 Q2 FY26 vs. Q2 FY25 vs. Q2 FY25 Automotive up mid teens Up mid teens Semiconductor up high teens DISCRETE e-Commerce & Warehouse Automation up ~30% Food & Beverage up high single digits Up high single digits Home & Personal Care up low s
Slide 5: Q2 FY26 Year-Over-Year Organic Sales Growth
Q2 FY26 Year-Over-Year Organic Sales Growth EMEA North 9% % of America Asia Reported 9% Pacific Sales 10% Latin America (1)% Expect North America to be the strongest region in FY26 PUBLIC | Copyright ©2026 Rockwell Automation, Inc. | 5
Slide 6: Full Year Outlook Update
Full Year Outlook Update ▶ Raising reported and organic sales growth range to 5% - 9% YOY ▶ Organic Annual Recurring Revenue (ARR) expected to grow high single digits ▶ Expect Enterprise operating margin of ~21.5%, up from ~20% in the prior guide(1) ▶ Raising Adjusted EPS range to $12.50 - $13.10, u
Slide 7: Q2 FY26 Key Financial Information
Q2 FY26 Key Financial Information ($ in millions, except per share amounts) Q2 FY26 Q2 FY25 YOY B/(W) Organic Growth 9% Inorganic Growth — % Sales $2,239 $2,001 Currency Translation +3 % Reported Growth +12 % Enterprise operating margin (1) 22.5% 19.0% 350 bps Corporate and Other $26 $27 $1 Adjusted
Slide 8: Q2 FY26 Segment Results
Q2 FY26 Segment Results Sales ($ in millions; YOY growth %) Segment Operating Margin Q1 FY23 Segment Highlights Organic +9 % Intelligent Higher segment margin YOY driven by positive price/cost $1,008M Inorganic — % 20.9% Devices inclusive of productivity, higher sales volume, and Currency +4 % +320
Slide 9: Q2 FY25 to Q2 FY26 Adjusted EPS Walk
Q2 FY25 to Q2 FY26 Adjusted EPS Walk ~ $0.15 ~ $(0.15) ~ $0.80 ~ $0.00 $3.30 $2.50 (1) Q2 FY25 Core FX Tax Rate All Other Q2 FY26 (1) All Other includes: Corp Items, Interest Expense, Non-Controlling Interest, and Shares. PUBLIC | Copyright ©2026 Rockwell Automation, Inc. | 9
Slide 10: FY26 Guidance
FY26 Guidance Updated Guidance Prior Guidance Reported Sales Midpoint ~ $8.9B ~ $8.8B Organic Growth 5% - 9% 2% - 6% Divestiture ~ (1.5)% ~ 0% Currency Translation ~ 1.5% ~ 1% Enterprise Operating Margin (1) ~ 21.5% ~ 20.0% Adjusted Effective Tax Rate ~ 19.5% ~ 19.5% Adjusted EPS Range $12.50 - $13.
Slide 11: FY26 Updated vs Prior Guidance Adjusted EPS Walk
FY26 Updated vs Prior Guidance Adjusted EPS Walk ~ $1.00 ~ $0.10 ~ $(0.10) $12.80 $11.80 (1) FY26 Prior Guidance Core FX All Other FY26 Updated Guidance Midpoint Midpoint Note: Guidance as of May 5, 2026; Prior Guidance as February 5, 2026. Updated Guidance does not include sales, earnings, or cash
Slide 12: Appendix
Appendix PUBLIC | Copyright ©2026 Rockwell Automation, Inc. | 12
Slide 13: FY26 Organic Industry Segment Outlook
FY26 Organic Industry Segment Outlook FY26 Assumptions at vs. FY25 Guidance Midpoint Automotive up mid single digits Up ~10% Semiconductor up ~10% DISCRETE e-Commerce & Warehouse Automation up ~20% Food & Beverage up mid single digits Up mid single digits Life Sciences up mid single digits
Slide 14: Industry Segmentation
Industry Segmentation % of FY25 Sales ~25% ~35% ~40% of sales of sales of sales ~10% Automotive ~20% Food & Beverage ~15% Energy ~5% Semiconductor ~5% Life Sciences ~5% Mining ~5% e-Commerce & Warehouse ~5% Household & Personal Care ~5% Metals Automation ~5% Tire ~5% Chemicals ~5% General Industries
Slide 15: Enterprise Operating Profit and Enterprise Operating Margin
Enterprise Operating Profit and Enterprise Operating Margin Recast of Historical Periods ($ in millions) Fiscal 2026 Fiscal 2025 Fiscal 2024 Q1 Q2 Q1 Q2 Q3 Q4 Full Year Q1 Q2 Q3 Q4 Full Year Segment operating earnings Intelligent Devices 165 211 120 159 182 215 676 150 161 193 196 700 Software & Con
Slide 16: Sensia Dissolution: Estimated Sales Impact
Sensia Dissolution: Estimated Sales Impact ($ in millions) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 1H Three Months Ended September 30, 2025 Three Months Ended June 30, 2025 2H Q2 FY26 Q1 FY26 FY26 Q4 FY25 Q3 FY25 FY25 Sales Sales Sales Sales Reported Excluding Reported
Slide 17: Q2 FY26 Results: Summary
Q2 FY26 Results: Summary Three Months Ended Financial Summary March 31, ($ in millions, except per share amounts) 2026 2025 Total sales $ 2,239 $ 2,001 Enterprise operating profit (1) $ 504 $ 381 Amortization of acquisition-related intangible assets (29) (36) Non-operating pension and postretirement
Slide 18: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Free Cash Flow Three Months Ended Six Months Ended ($ in millions) March 31, March 31, 2026 2025 2026 2025 Net income $ 351 $ 248 $ 653 $ 426 Depreciation/Amortization 80 81 158 159 Change in fair value of investments — 3 — 3 Retirement benefits expense 7 11 13 21
Slide 19: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Organic Sales ($ in millions) Three Months Ended March 31, 2026 2025 Effect of Reported Sales Effect of Changes Organic Sales Reported Changes in Organic Reported Growth in Currency Growth Sales(a) Currency(d) Sales(b) Sales(c) (a)/(c) (d)/(c) (b)/(c) North Americ
Slide 20: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Enterprise Operating Profit and Enterprise Operating Margin ($ in millions) Three Months Ended March 31, 2026 2025 Sales Intelligent Devices (a) $ 1,008 $ 896 Software & Control (b) 684 568 Lifecycle Services (c) 547 537 Total sales (d) $ 2,239 $ 2,001 Segment ope
Slide 21: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Adjusted Income, Adjusted EPS, and Adjusted Effective Tax Rate ($ in millions, except per share amounts) Three Months Ended March 31, 2026 2025 Net income attributable to Rockwell Automation $ 350 $ 252 Non-operating pension and postretirement benefit credit (3) —
Slide 22: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Non-operating pension and postretirement benefit credit ($ in millions) Three Months Ended March 31, 2026 2025 Interest cost $ 36 $ 34 Expected return on plan assets (43) (42) Amortization of net actuarial loss 4 8 Non-operating pension and postretirement benefit
Slide 23: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Return On Invested Capital ($ in millions) ROIC Adjusted ROIC Twelve Months Ended March 31, 2026 2025 2026 2025 (a) Return Net income $ 976 $ 895 $ 976 $ 895 Interest expense 146 160 146 160 Income tax provision 211 146 211 146 Amortization of acquisition-related
Slide 24: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Fiscal 2026 Guidance ($ in billions, except per share amounts) Organic Sales Fiscal 2026 Guidance Organic sales growth 5% - 9% Divestiture ~(1.5)% Foreign currency impact ~1.5% Reported sales growth 5% - 9% Enterprise Operating Margin (2) Total sales (a) $ ~8.9 En
Slide 25: Reconciliation to Non-GAAP Measures
Reconciliation to Non-GAAP Measures Free Cash Flow Conversion ($ in billions) Fiscal 2026 Guidance Net income attributable to Rockwell Automation at the mid-point $ ~1.4 Non-operating pension and postretirement benefit credit, net of tax ~— Amortization of acquisition-related intangible assets attri
Slide 26: Performance Metric Definition
Performance Metric Definition Total ARR Annual recurring revenue (ARR) is a key metric that enables measurement of progress in growing our recurring revenue business. It represents the annual contract value of all active recurring revenue contracts at any point in time. Recurring revenue is defined
Slide 27: Thank you
Thank you www.rockwellautomation.com www.rockwellautomation.com