Filing Flows › Parker-Hannifin (PH) › Q4 FY26 › vs Q3 FY26
Parker-Hannifin (PH) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Parker-Hannifin's revenue rose $269M (+5%) from $5.5B in Q3 FY26 to $5.8B in Q4 FY26. The biggest changes: Diversified Industrial +$183M (+5%); Aerospace Systems +$86.0M (+5%). Operating margin 25.6% against 22.4% (+3.2 pts).
Parker-Hannifin, Q4 FY26: revenue $5.8B (+10% year over year), operating margin 25.6%, net earnings $1.1B, operating cash flow $1.7B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 25.6% | 22.4% | +3.2 pts |
| Net margin | 19.0% | 16.5% | +2.5 pts |
| Free cash flow margin | 27.2% | 16.1% | +11.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Diversified Industrial | $3.9B | $3.7B | $183M | +5% |
| Aerospace Systems | $1.9B | $1.8B | $86.0M | +5% |
| Revenue | $5.8B | $5.5B | $269M | +5% |
| Operating profit | $1.5B | $1.2B | $245M | +20% |
| Costs & expenses | $4.3B | $4.3B | $24.0M | +0.6% |
| Pre-tax earnings | $1.3B | $1.1B | $221M | +20% |
| Other expense, net | $134M | $110M | $24.0M | +22% |
| Net earnings | $1.1B | $904M | $188M | +21% |
| Income tax | $248M | $215M | $33.0M | +15% |
| Depreciation & amortization | $237M | $235M | $2.0M | +0.9% |
| Share-based compensation | $34.0M | $37.0M | −$3.0M | -8% |
| Working capital & other | $373M | −$192M | $565M | — |
| Operating cash flow | $1.7B | $984M | $752M | +76% |
| Free cash flow (OCF − capex) | $1.6B | $881M | $682M | +77% |
| Capital expenditures | $173M | $103M | $70.0M | +68% |
Questions
How much did Parker-Hannifin's revenue grow quarter over quarter in Q4 FY26?
Parker-Hannifin's revenue rose $269M (+5%) from $5.5B in Q3 FY26 to $5.8B in Q4 FY26.
What drove Parker-Hannifin's revenue change in Q4 FY26?
Diversified Industrial +$183M (+5%); Aerospace Systems +$86.0M (+5%).