Filing Flows › Applied Industrial Technologies (AIT) › Q1 FY27 › vs Q1 FY26
Applied Industrial Technologies (AIT) Q1 FY27 vs Q1 FY26 (year over year)
Applied Industrial Technologies's revenue rose $91.6M (+8%) from $1.2B in Q1 FY26 to $1.3B in Q1 FY27. The biggest changes: Engineered Solutions +$58.8M (+14%); Service Center +$32.9M (+4%). Gross margin 30.4% against 30.1% (+0.2 pts).
Applied Industrial Technologies, Q1 FY27: revenue $1.3B (+8% year over year), operating margin 11.1%, net earnings $110M, operating cash flow $86.4M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 30.4% | 30.1% | +0.2 pts |
| Operating margin | 11.1% | 10.8% | +0.4 pts |
| Net margin | 8.6% | 8.4% | +0.1 pts |
| Free cash flow margin | 5.7% | 9.3% | -3.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Service Center | $815M | $782M | $32.9M | +4% |
| Engineered Solutions | $476M | $417M | $58.8M | +14% |
| Revenue | $1.3B | $1.2B | $91.6M | +8% |
| Gross profit | $392M | $361M | $30.8M | +9% |
| Cost of revenue | $899M | $838M | $60.9M | +7% |
| Operating profit | $144M | $129M | $14.6M | +11% |
| Operating expenses | $249M | $232M | $16.2M | +7% |
| Pre-tax earnings | $141M | $129M | $12.4M | +10% |
| Net earnings | $110M | $101M | $9.6M | +10% |
| Income tax | $30.5M | $27.8M | $2.8M | +10% |
| Depreciation & amortization | $16.3M | $16.7M | −$397K | -2% |
| Working capital & other | $40.3M | −$1.8M | $42.1M | — |
| Operating cash flow | $86.4M | $119M | −$32.9M | -28% |
| Free Cash Flow (company-reported) | $73.4M | $112M | −$38.7M | -35% |
| Capital expenditures | $13.0M | $7.3M | $5.7M | +78% |
Questions
How much did Applied Industrial Technologies's revenue grow year over year in Q1 FY27?
Applied Industrial Technologies's revenue rose $91.6M (+8%) from $1.2B in Q1 FY26 to $1.3B in Q1 FY27.
What drove Applied Industrial Technologies's revenue change in Q1 FY27?
Engineered Solutions +$58.8M (+14%); Service Center +$32.9M (+4%).