Applied Industrial posts $5.0B revenue (+8.8%), $4.97B net income (+5.5%) in FY2026

Filed August 13, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 15, 2025 · ~2 min read

Key Changes

• high

  Revenue grew 8.8% to $5.0B with organic sales up 5.4% after prior-year decline, driven by volume recovery across MRO and OEM markets as ISM PMI crossed 50 (expansion) from 49.0 contraction.

  MD&A: Consolidated Sales & Economic Indices verify on EDGAR →
• high

  Net income rose 5.5% to $414.5M; diluted EPS climbed 8.2% to $10.95 on lower share count from $317M buyback (1.16M shares). Operating income grew 10% to $549.5M; margin improved to 11.1% from 10.9%.

  MD&A: Operating Income & Net Income verify on EDGAR →
• high

  Company repaid $310M of revolving credit debt following January 2026 interest-rate swap maturity, reducing total debt from $572.3M to $262.3M and mitigating unhedged interest costs.

  MD&A: Debt & Interest Rate Swap verify on EDGAR →