APPLIED INDUSTRIAL TECHNOLOGIES INC
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AIT Q3 2026 request
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Income Statement
| Metric | Q3 2026 | Q3 2025 | YoY |
|---|---|---|---|
| Revenue | 1,251,453 | 1,166,749 | +7.3% |
Show Business Segments breakouts |
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| Engineered Solutions | 446,516 | 405,147 | +10.2% |
| Engineered Solutions · Intersegment Elimination | 20,151 | 12,069 | +67.0% |
| Engineered Solutions · Operating Segments | 466,667 | 417,216 | +11.9% |
| Engineered Solutions · Other countries | 21,858 | 16,343 | +33.7% |
| Engineered Solutions · US | 424,658 | 388,804 | +9.2% |
| Service Center | 804,937 | 761,602 | +5.7% |
| Service Center · CA | 70,783 | 71,555 | -1.1% |
| Service Center · Intersegment Elimination | 1,080 | 858 | +25.9% |
| Service Center · Operating Segments | 806,017 | 762,460 | +5.7% |
| Service Center · Other countries | 51,690 | 46,568 | +11.0% |
| Service Center · US | 682,464 | 643,479 | +6.1% |
Show Geography breakouts |
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| CA | 70,783 | 71,555 | -1.1% |
| Other countries | 73,548 | 62,911 | +16.9% |
| US | 1,107,122 | 1,032,283 | +7.2% |
Show Consolidation Items breakouts |
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| Intersegment Elimination | 21,231 | 12,927 | +64.2% |
| Operating Segments | 1,272,684 | 1,179,676 | +7.9% |
| Cost of Revenue | 870,649 | 811,459 | +7.3% |
Show Business Segments breakouts |
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| Engineered Solutions | 300,748 | 273,076 | +10.1% |
| Service Center | 569,901 | 538,383 | +5.9% |
| Gross Profit | 380,804 | 355,290 | +7.2% |
| Selling, General & Administrative | 242,879 | 225,888 | +7.5% |
Show Business Segments breakouts |
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| Engineered Solutions | 94,132 | 87,553 | +7.5% |
| Service Center | 125,626 | 116,833 | +7.5% |
| Operating Income | 137,925 | 129,402 | +6.6% |
Show Business Segments breakouts |
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| Engineered Solutions | 51,636 | 44,518 | +16.0% |
| Reportable Segments | 161,046 | 150,904 | +6.7% |
| Service Center | 109,410 | 106,386 | +2.8% |
| Other Non-Operating Income (Expense) | 350 | 1,267 | -72.4% |
| Income Before Taxes | 135,128 | 127,282 | +6.2% |
| Income Tax Expense (Benefit) | 35,359 | 27,483 | +28.7% |
| Net Income | 99,769 | 99,799 | -0.0% |
Show Equity Components breakouts |
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| Parent | 99,769 | 99,799 | -0.0% |
| Retained Earnings | 99,769 | 99,799 | -0.0% |
| Comprehensive Income | 96,578 | 98,871 | -2.3% |
| EPS (Basic) | 2.68 | 2.6 | +3.1% |
| EPS (Diluted) | 2.65 | 2.57 | +3.1% |
| Wtd Avg Shares (Basic) | 37,223 | 38,322 | -2.9% |
| Wtd Avg Shares (Diluted) | 37,684 | 38,847 | -3.0% |
| Interest Income Expense Net | 2,447 | 853 | +186.9% |
| Foreign Currency Transaction Gain Loss Before Tax | 241 | 997 | -75.8% |
Balance Sheet
| Metric | Q3 2026 | Q3 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash Cash Equivalents And Short Term Investments | 171,576 | 352,842 | -51.4% |
| Accounts Receivable | 792,849 | 754,638 | +5.1% |
| Inventory | 526,324 | 500,562 | +5.1% |
| Other Assets Current | 90,457 | 83,311 | +8.6% |
| Total Current Assets | 1,581,206 | 1,691,353 | -6.5% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 128,037 | 127,039 | +0.8% |
| Operating Lease Right-of-Use Assets | 181,830 | 191,099 | -4.9% |
| Goodwill | 704,998 | 694,193 | +1.6% |
Show Business Segments breakouts |
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| Engineered Solutions | 479,186 | 474,179 | +1.1% |
| Service Center | 225,812 | 220,014 | +2.6% |
| Other Non-Current Assets | 69,951 | 61,033 | +14.6% |
| Total Assets | 2,988,711 | 3,115,663 | -4.1% |
Show Business Segments breakouts |
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| Engineered Solutions | 1,393,249 | 1,449,211 | -3.9% |
| Service Center | 1,595,462 | 1,666,452 | -4.3% |
| Intangible Assets | 322,689 | 350,946 | -8.1% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 257,717 | 278,609 | -7.5% |
| Other Intangible Assets | 3,735 | 4,526 | -17.5% |
| Trade Names | 61,237 | 67,811 | -9.7% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 322,689 | 350,946 | -8.1% |
| Current Liabilities | |||
| Accounts Payable | 303,057 | 282,191 | +7.4% |
| Current Portion of Long-Term Debt | 18,000 | — | — |
Show Credit Facility breakouts |
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| Revolving Credit Facility | 18,000 | — | — |
| Employee Related Liabilities Current | 88,529 | 82,350 | +7.5% |
| Other Liabilities Current | 127,036 | 109,649 | +15.9% |
| Total Current Liabilities | 536,622 | 474,190 | +13.2% |
| Non-Current Liabilities | |||
| Long-Term Debt | 347,300 | 572,300 | -39.3% |
| Other Non-Current Liabilities | 244,746 | 241,692 | +1.3% |
| Total Liabilities | 1,128,668 | 1,288,182 | -12.4% |
| Stockholders' Equity | |||
| Common Stock | 10,000 | 10,000 | 0.0% |
| Additional Paid In Capital Common Stock | 202,368 | 196,610 | +2.9% |
| Retained Earnings | 2,707,720 | 2,375,017 | +14.0% |
| Treasury Stock Value | -964,523 | -647,384 | -49.0% |
| Accumulated Other Comprehensive Income | -95,522 | -106,762 | +10.5% |
| Total Stockholders' Equity | 1,860,043 | 1,827,481 | +1.8% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | -95,522 | -106,762 | +10.5% |
| Additional Paid In Capital | 202,368 | 196,610 | +2.9% |
| Common Stock | 10,000 | 10,000 | 0.0% |
| Parent | 1,860,043 | 1,827,481 | +1.8% |
| Retained Earnings | 2,707,720 | 2,375,017 | +14.0% |
| Treasury Stock Common | -964,523 | -647,384 | -49.0% |
| Total Liabilities & Equity | 2,988,711 | 3,115,663 | -4.1% |
Cash Flow Statement
| Metric | YTD Q3 2026 | YTD Q3 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Other Non-Cash Items | 18,103 | -1,050 | +1824.1% |
| Change in Deferred Revenue | 4,331 | — | — |
| Net Cash from Operations | 319,086 | 345,337 | -7.6% |
| Investing Activities | |||
| Net Cash from Investing | -28,751 | -290,585 | +90.1% |
| Financing Activities | |||
| Share Repurchases | -236,379 | -79,794 | -196.2% |
| Tax Withholding for Share Compensation | -12,812 | -14,332 | +10.6% |
| Debt Issuance Costs | -1,611 | — | — |
Show Credit Facility breakouts |
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| Revolving Credit Facility | -1,611 | — | — |
| Amortization of Financing Costs | 47 | — | — |
| Net Cash from Financing | -507,157 | -157,166 | -222.7% |
| Other Cash Flow | |||
| Net Change in Cash | -216,841 | -107,775 | -101.2% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.