Slide 1: F'26 Q3 Financial Results
Brady Corporation F’26 Q3 Financial Results May 18, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements 2 In this news release, statements that are not reported financial results or other historic information are “forward-looking statements.” These forward-looking statements relate to, among other things, the Company's future financial position, business strategy, targets, p
Slide 3: Q3 F'26 Highlights
Q3 F’26 Highlights 3 Organic sales growth of 8.2%. Sales Growth Americas & Asia organic sales growth of 10.1%. Europe & Australia organic sales growth of 4.5%. Acquisition growth of 2.1%. GPM of 51.8% compared to 51.0% in Q3 of F’25. Gross Profit Margin Gross profit in Q3 last year included facility
Slide 4: Sales Overview
Sales Overview 4 SALES (millions of USD) $450 $435 $425 $405 $397 $400 $384 $377 $383 $375 $357 $350 $346 $343 $343 $337 $332 $323 $326 $323 $325 $300 $275 $250 6.9% 6.3% 1.9% 6.9% 2.7% 1.6% 4.5% 1.6% 3.6% 2.6% 1.6% 2.4% 2.8% 1.6% 8.2% Organic Growth Q3 F’26 SALES: Q3 F’26 SALES COMMENTARY: Total sa
Slide 5: Gross Profit Margin
Gross Profit Margin 5 GROSS PROFIT & GPM% (millions of USD) 51.7% 51.6% 51.6% 51.5% 51.8% $250 52% 50.8% 51.0% 50.3% 50.4% 50.6% 50.2% 50.3% $225 $225 49.3% $209 48.1% 48.0% $200 $200 $195 $194 $190 $176 $177 $177 $176 $175 $170 $172 $162 $155 $156 $150 $125 $100 40% Q1 F'23 Q2 F'23 Q3 F'23 Q4 F'23
Slide 6: SG&A Expense
SG&A Expense 6 SG&A EXPENSE AND SG&A EXPENSE AS A % OF SALES (millions of USD) $150 29.7% 29.7% 29.7% 29.6% 30% 29.0% 29.0% 28.3% 28.2% 28.3% 28.4% 27.9% 27.9% 28.1% $135 27.0% 27.2% $129 $120 $118 $118 $112 $109 $108 $106 $105 $97 $96 $96 $92 $93 $90 $91 $91 $90 $75 20% Q1 F'23 Q2 F'23 Q3 F'23 Q4 F
Slide 7: R&D Expense
R&D Expense 7 R&D EXPENSE AND R&D EXPENSE AS A % OF SALES (millions of USD) $35.0 7.0% 6.3% $30.0 5.8% 5.7% 5.4% 5.2% 5.1% 5.2% 5.1% 5.0% 5.0% $25.0 4.7% 4.7% 4.7% $24.3 4.7% $23.1 $23.3 $23.5 4.3% $20.0 $18.9 $18.7 $19.2 $17.7 $17.5 $16.3 $16.8 $15.4 $15.7 $15.7 $15.0 $13.9 $10.0 2.0% Q1 F'23 Q2 F'
Slide 8: Income Before Income Taxes
Income Before Income Taxes 8 INCOME BEFORE INCOME TAXES (GAAP) (millions of USD) $80 $73.4 $70 $68.2 $68.5 $64.4 $65.7 $63.0 $63.8 $60.5 $62.0 $59.4 $58.8 $60 $55.8 $52.0 $50.3 $50 $48.5 $40 $30 $20 12.6% 15.4% 23.0% 18.2% 18.0% 15.1% 2.2% 6.9% (1.0%) (6.8%) 2.1% (11.3%) 16.5% 19.1% 11.6% Year-on-Ye
Slide 9: Net Income & Diluted EPS
Net Income & Diluted EPS 9 NET INCOME (GAAP) (millions of USD) DILUTED EPS (GAAP) $1.30 $65 $1.21 $57.8 $1.15 $1.13 $55.5 $1.14 $1.09 $1.09 $55 $53.9 $52.3 $1.05 $1.04 $50.9 $49.9 $1.00 $49.4 $48.1 $48.1 $0.96 $0.97 $0.97 $47.2 $46.8 $0.98 $43.6 $0.90 $45 $39.4 $40.3 $0.83 $38.0 $0.82 $0.79 $0.76 $3
Slide 10: Cash Generation
Cash Generation 10 CASH FLOW FROM OPERATING ACTIVITIES (millions of USD) $100 $84.0 $79.3 $78.2 $72.5 $72.7 $75 CASH FLOWS IN Q3 OF F’26: $62.3 $59.9 $58.3 $53.3 Overview: $50 $39.6 $36.1 $33.4 Cash flow from operating activities was $78.2M in $28.0 $29.4 $23.4 Q3 of F’26 vs. $59.9M in Q3 of F’25. $
Slide 11: Net Cash
Net Cash 11 NET CASH (millions of USD) $175 $159 $149 $131 $123 $102 $98 $96 $97 $88 $84 $75 $67 $51 $49 $44 $31 $29 $15 $0 Q1 F'23 Q2 F'23 Q3 F'23 Q4 F'23 Q1 F'24 Q2 F'24 Q3 F'24 Q4 F'24 Q1 F'25 Q2 F'25 Q3 F'25 Q4 F'25 Q1 F'26 Q2 F'26 Q3 F'26 STRONG BALANCE SHEET: April 30, 2026 cash = $175.5M. Apr
Slide 12: Raised F'26 Diluted EPS Guidance
12 Raised F’26 Diluted EPS Guidance GAAP Diluted EPS $4.66 to $4.76 (+18.3% to +20.8% vs. F’25) F’26 Adjusted Diluted EPS* $5.20 to $5.30 (+13.0% to +15.2% vs. F’25) Guidance Assumptions: Organic sales growth in the mid-single digit percentages. Full-year income tax rate of approximately 21%. Foreig
Slide 13: Americas & Asia
Americas & Asia 13 Q3 F’26 vs. Q3 F’25 (millions of USD) Q3 F’26 SUMMARY: • Revenues increased 14.4% in Q3 of F’26: Q3 F’26 Q3 F’25 Change • Organic growth = + 10.1%. Sales • Acquisition = + 3.1%. $ 290.1 $ 253.7 + 14.4% • Fx increase = +1.2%. Segment Profit 68.7 57.2 + 20.2% • Organic sales grew 9.
Slide 14: Europe & Australia
Europe & Australia 14 Q3 F’26 vs. Q3 F’25 (millions of USD) Q3 F’26 SUMMARY: • Revenues increased 12.6% in Q3 of F’26: Q3 F’26 Q3 F’25 Change • Organic growth = + 4.5%. Sales • Fx increase = + 8.1%. $ 145.2 $ 128.9 + 12.6% Segment Profit 21.5 17.5 + 22.8% • Organic sales grew 4.7% in Europe and grew
Slide 15: Investor Relations
Investor Relations 15 Brady Contact: Ann Thornton Investor Relations 414-438-6887 Ann_Thornton@bradycorp.com See our website at www.bradycorp.com/investors
Slide 16: Appendix
Appendix GAAP to Non-GAAP Reconciliations
Slide 17: Non-GAAP Reconciliations
Non-GAAP Reconciliations 17 GAAP to NON-GAAP MEASURES (Unaudited; Dollars in Thousands, Except Per Share Amounts) In accordance with the U.S. Securities and Exchange Commission’s Regulation G, the following provides definitions of the non-GAAP measures used in the earnings release and the reconcilia
Slide 18: Non-GAAP Reconciliations
Non-GAAP Reconciliations 18 GAAP to NON-GAAP MEASURES (Unaudited; Dollars in Thousands, Except Per Share Amounts) In accordance with the U.S. Securities and Exchange Commission’s Regulation G, the following provides definitions of the non-GAAP measures used in the earnings release and the reconcilia