Filing Flows › Applied Industrial Technologies (AIT) › Q3 FY26
Applied Industrial Technologies (AIT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Apr 28, 2026
Applied Industrial Technologies (AIT) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +8% from the quarter before. Operating margin was 11.0%, net earnings $99.8M (8.0% of revenue).
Applied Industrial Technologies, Q3 FY26: revenue $1.3B (+7% year over year), operating margin 11.0%, net earnings $99.8M, operating cash flow $100M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +8% | +7% |
| Gross profit | $381M | +8% | +7% |
| Operating profit | $138M | +12% | +7% |
| Net earnings | $99.8M | +5% | 0% |
| Operating cash flow | $100M | +0.5% | -18% |
| Free cash flow | $95.4M | — | -17% |
What changed
Revenue was $1.3B in Q3 FY26, up 7% year over year and up 8% from the previous quarter. Service Center was the largest line at 64% of revenue. Service Center added $0.04B year over year (up 6%), 51% of the total change.
Gross margin was 30.4%, unchanged from Q3 FY25. Operating profit was $0.14B, a 11.0% margin (down 0.1 points year over year). Of the extra revenue versus Q3 FY25, 10% reached operating profit, below the 11% margin then. Operating expenses grew 8% against revenue growth of 7%. Net earnings were $0.10B, roughly flat year over year. The effective tax rate was 26.2%.
Operating cash flow was $0.10B (down 18% year over year), 100% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items used $0.02B. After capital expenditures ($4.7M), free cash flow as the company reports it was $0.10B.
Questions
What was Applied Industrial Technologies' revenue in the third quarter fiscal 2026?
Applied Industrial Technologies (AIT) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +8% from the quarter before.
Was Applied Industrial Technologies profitable in the third quarter fiscal 2026?
Operating profit was $138M (11.0% of revenue) and net earnings $99.8M.