Filing Flows › Parker-Hannifin (PH) › Q3 FY26
Parker-Hannifin (PH) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 1, 2026
Parker-Hannifin (PH) reported revenue of $5.5B for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and +6% from the quarter before. Operating margin was 22.4%, net earnings $904M (16.5% of revenue).
Parker-Hannifin, Q3 FY26: revenue $5.5B (+11% year over year), operating margin 22.4%, net earnings $904M, operating cash flow $984M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | +6% | +11% |
| Operating profit | $1.2B | +4% | +11% |
| Net earnings | $904M | +7% | -6% |
| Operating cash flow | $984M | +14% | +56% |
| Free cash flow | $881M | +15% | +63% |
What changed
Revenue was $5.5B in Q3 FY26, up 11% year over year and up 6% from the previous quarter. Diversified Industrial was the largest line at 67% of revenue. Diversified Industrial added $0.28B year over year (up 8%), 54% of the total change.
Operating profit was $1.2B, a 22.4% margin (up 0.1 points year over year). Of the extra revenue versus Q3 FY25, 23% reached operating profit, above the 22% margin then. Total costs grew 11% against revenue growth of 11%. Net earnings were $0.90B, down 6% year over year. The effective tax rate was 19.2%.
Operating cash flow was $1.0B (up 56% year over year), 109% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.19B. Capital expenditures of $0.10B left free cash flow of $0.88B.
Questions
What was Parker-Hannifin's revenue in the third quarter fiscal 2026?
Parker-Hannifin (PH) reported revenue of $5.5B for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and +6% from the quarter before.
Was Parker-Hannifin profitable in the third quarter fiscal 2026?
Operating profit was $1.2B (22.4% of revenue) and net earnings $904M.
Source: Parker-Hannifin 10-Q on SEC EDGAR.