Filing Flows › Parker-Hannifin (PH) › Q1 FY26
Parker-Hannifin (PH) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 7, 2025
Parker-Hannifin (PH) reported revenue of $5.1B for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -3% from the quarter before. Operating margin was 23.3%, net earnings $808M (15.9% of revenue).
Parker-Hannifin, Q1 FY26: revenue $5.1B (+4% year over year), operating margin 23.3%, net earnings $808M, operating cash flow $782M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1B | -3% | +4% |
| Operating profit | $1.2B | -0.5% | +12% |
| Net earnings | $808M | -12% | +16% |
| Operating cash flow | $782M | -47% | +5% |
| Free cash flow | $693M | -48% | +7% |
What changed
Revenue was $5.1B in Q1 FY26, up 4% year over year and down 3% from the previous quarter. Diversified Industrial was the largest line at 68% of revenue. Aerospace Systems added $0.19B year over year (up 13%), 107% of the total change.
Operating profit was $1.2B, a 23.3% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 69% reached operating profit, above the 22% margin then. Total costs grew 1% against revenue growth of 4%. Net earnings were $0.81B, up 16% year over year. The effective tax rate was 22.3%.
Operating cash flow was $0.78B (up 5% year over year), 97% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.34B. Capital expenditures of $0.09B left free cash flow of $0.69B.
Questions
What was Parker-Hannifin's revenue in the first quarter fiscal 2026?
Parker-Hannifin (PH) reported revenue of $5.1B for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -3% from the quarter before.
Was Parker-Hannifin profitable in the first quarter fiscal 2026?
Operating profit was $1.2B (23.3% of revenue) and net earnings $808M.
Source: Parker-Hannifin 10-Q on SEC EDGAR.