Filing Flows › Applied Industrial Technologies (AIT) › Q1 FY27 › vs Q4 FY26
Applied Industrial Technologies (AIT) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Applied Industrial Technologies's revenue fell $61.5M (-5%) from $1.4B in Q4 FY26 to $1.3B in Q1 FY27. The biggest changes: Service Center −$34.1M (-4%); Engineered Solutions −$27.4M (-5%). Gross margin 30.4% against 30.4% (-0.0 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 30.4% | 30.4% | -0.0 pts |
| Operating margin | 11.1% | 11.8% | -0.7 pts |
| Net margin | 8.6% | 8.8% | -0.2 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Service Center | $815M | $849M | −$34.1M | -4% |
| Engineered Solutions | $476M | $503M | −$27.4M | -5% |
| Revenue | $1.3B | $1.4B | −$61.5M | -5% |
| Gross profit | $392M | $411M | −$19.0M | -5% |
| Cost of revenue | $899M | $941M | −$42.5M | -5% |
| Operating profit | $144M | $159M | −$15.7M | -10% |
| Operating expenses | $249M | $252M | −$3.3M | -1% |
| Pre-tax earnings | $141M | $158M | −$16.8M | -11% |
| Net earnings | $110M | $119M | −$8.2M | -7% |
| Income tax | $30.5M | $39.2M | −$8.7M | -22% |
| Depreciation & amortization | $16.3M | $16.3M | $30K | +0.2% |
| Working capital & other | $40.3M | −$30.1M | $70.5M | — |
| Operating cash flow | $86.4M | $165M | −$78.6M | -48% |
Questions
How much did Applied Industrial Technologies's revenue grow quarter over quarter in Q1 FY27?
Applied Industrial Technologies's revenue fell $61.5M (-5%) from $1.4B in Q4 FY26 to $1.3B in Q1 FY27.
What drove Applied Industrial Technologies's revenue change in Q1 FY27?
Service Center −$34.1M (-4%); Engineered Solutions −$27.4M (-5%).