Columbus Mckinnon Corporation · NASDAQ:CMCO
Columbus Mckinnon — Q2 2026 Earnings Presentation
16 slides from Columbus Mckinnon's earnings presentation, Oct 30, 2025
Slide 1: Q2 Fiscal 2026 Financial Results Conference Call
October 30, 2025 Q2 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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking statements are
Slide 3: Q2 FY26 Highlights
Q2 FY26 Highlights U.S. order stabilization and healthy backlog • Orders of $254M decreased 3%, impacted by a weaker macroeconomic landscape in EMEA and a strong prior year comparison, partially offset by U.S. orders growth of 11% • Backlog of $352M increased $34M or 11% and the opportunity funnel r
Slide 4: Orders and Backlog
Orders and Backlog ($ in millions, $M) Quarterly Orders Backlog $300.0 2.0x Solid Q2 FY26 orders with a Book to Bill of 1.0x $351.6 $261.6 Q2 FY26 Orders decreased 3% Y/Y to $254M $253.7 1.8x $317.6 Strength in Automation and Lifting $250.0 Current U.S. growth of 11% given stabilization in sho
Slide 5: Net Sales
Net Sales ($ in millions, $M) Q2 FY26 Net Sales Bridge Q2 FY26 net sales increased 8% Y/Y: Growth across all platforms with particular strength in Lifting and Linear Motion $4.8 $261.0 Short-cycle sales grew 7% driven by recovery in U.S. business $9.0 and early benefits of tariff related price i
Slide 6: Operating Income and EPS
Operating Income and EPS ($ in millions, $M) Operating Income Quarterly Diluted EPS Q2 FY26 Financial Highlights: $27.0 $25.2 Gross profit of $90.2M increased $15.4M or 21% due to: $0.70 Lower factory consolidation and start-up costs Adjusted1 Higher sales volume and favorable foreign exchange
Slide 7: Cash Flow
Cash Flow ($ in millions, $M) Quarterly Free Cash Flow1 $15.1 Q2 FY26 net cash from operations of $18.4M and Free Cash Flow1 of $15.1M reflects: Higher earnings Net working capital improvement Partially offset by $2.5M of acquisition-related cash payments $4.0 CAPITAL ALLOCATION PRIORITIES P
Slide 8: FY2026 Guidance
FY2026 Guidance Fiscal Year 2026 Guidance Guidance Assumptions: ~$35M of interest expense Net sales Up low-to-mid single digits ~$30M of amortization ~25% effective tax rate ~29.0M diluted average shares outstanding Adjusted EPS1 Flat to slightly up Guidance contemplates the following: T
Slide 9: Supplement
Supplement An taed
Slide 10: Non-GAAP Measures
Non-GAAP Measures The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this presentation to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). The C
Slide 11: Non-GAAP Measures: Adjusted Gross Profit and Adjusted Gross Margin
Non-GAAP Measures: Adjusted Gross Profit and Adjusted Gross Margin ($ in thousands) Quarter Q2 FY25 Q2 FY26 Gross profit $ 74,743 $ 90,160 Add back (deduct): Business realignment costs 76 65 Acquisition integration costs — 68 Factory and warehouse consolidation costs 10,763 283 Monterrey, MX new fac
Slide 12: 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 Q2 FY25 Q2 FY26 RSG&A $ 56,391 $ 70,288 Add back (deduct): Acquisition deal and integration costs — (9,928) Business realignment costs (205) (1,066) Headquarter relocation costs (51) (71) Factory and
Slide 13: Non-GAAP Measures: Adjusted Operating Income and Adjusted Operating Margin
Non-GAAP Measures: Adjusted Operating Income and Adjusted Operating Margin ($ in thousands) Quarter Q2 FY25 Q2 FY26 Income from operations $ 10,805 $ 12,188 Add back (deduct): Acquisition deal and integration costs — 9,996 Business realignment costs 281 1,131 Headquarter relocation costs 51 71 Hurri
Slide 14: 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 Q2 FY25 Q1 FY26 Q2 FY26 Net income $ (15,043) $ (1,898) $ 4,595 Add back (deduct): Amortization of intangibles 7,547 7,635 7,683 Acquisition deal and integration costs — 8,103 9,996 Business reali
Slide 15: Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin
Non-GAAP Measures: Adjusted EBITDA and Adjusted EBITDA Margin ($ in thousands) Quarter Q2 FY25 Q1 FY26 Q2 FY26 Net income $ (15,043) $ (1,898) $ 4,595 Add back (deduct): Income tax expense (benefit) (4,908) 260 (1,446) Interest and debt expense 8,352 8,698 8,747 Investment (income) loss (610) (1,049
Slide 16: Non-GAAP Measures: Free Cash Flow (FCF) and Free Cash Flow Conversion
Non-GAAP Measures: Free Cash Flow (FCF) and Free Cash Flow Conversion ($ in thousands) Quarter Q2 FY25 Q2 FY26 Net cash provided by (used for) operating activities $ 9,388 $ 18,401 Capital expenditures (5,439) (3,321) Free Cash Flow (FCF) $ 3,949 $ 15,080 Net income $ (15,043) $ 4,595 Free Cash Flow