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MSC Industrial Direct (MSM) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Oct 22, 2026

MSC Industrial Direct (MSM) reported revenue of $1.1B for the fourth quarter fiscal 2026 (Q4 FY26), +10% from a year earlier and +3% from the quarter before. Operating margin was 6.7%, net earnings $47.9M (4.4% of revenue).

Revenue$1.1B
Year over year+10%
Quarter over quarter+3%
Operating margin6.7%
Net earnings$47.9M

MSC Industrial Direct, Q4 FY26: revenue $1.1B (+10% year over year), operating margin 6.7%, net earnings $47.9M, operating cash flow $81.0M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$1.1B+3%+10%
Gross profit$439M+2%+11%
Operating profit$72.8M-32%-14%
Net earnings$47.9M-39%-15%
Operating cash flow$81.0M-20%+0.9%
Free cash flow$63.8M-21%+9%

What changed

Revenue was $1.1B in Q4 FY26, up 10% year over year and up 3% from the previous quarter.

Gross margin was 40.6%, up 0.3 points from Q4 FY25. Operating profit was $0.07B, a 6.7% margin (down 1.9 points year over year). Operating profit fell $0.01B even though revenue rose $0.10B versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 18% against revenue growth of 10%. Net earnings were $0.05B, down 15% year over year. The effective tax rate was 25.4%.

Operating cash flow was $0.08B (up 1% year over year), 169% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $4.6M of share-based compensation. Capital expenditures of $0.02B left free cash flow of $0.06B.

Questions

What was MSC Industrial Direct's revenue in the fourth quarter fiscal 2026?

MSC Industrial Direct (MSM) reported revenue of $1.1B for the fourth quarter fiscal 2026 (Q4 FY26), +10% from a year earlier and +3% from the quarter before.

Was MSC Industrial Direct profitable in the fourth quarter fiscal 2026?

Operating profit was $72.8M (6.7% of revenue) and net earnings $47.9M.

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Source: MSC Industrial Direct 10-K on SEC EDGAR.