Acuity Inc. (de) AYI
Acuity Inc. reports $4.64B revenue for 2026
Annual report, 3 new risk factors
- Form
- 10-K
- Filed
- Importance
- Major
- Accession
- 0001144215-26-000052
- Revenue: $4.64 billion for the year ended Aug 31, 2026
- Net income: $531.3 million for the year ended Aug 31, 2026
- Diluted EPS: $17.05 for the year ended Aug 31, 2026
- Cash and equivalents: $636.3 million at Aug 31, 2026
Written from the 10-K on EDGAR. AI can make mistakes. Check the filing.
What changed since last year
3 new risk factors · 6 removed · 1 new legal mention
Compared with the 10-K for the period ended Aug 31, 2025.
| This filing | Previous | Change YoY | |
|---|---|---|---|
| Revenue | $4.64B | $4.35B | +6.8% |
| Operating income and margin | $713.7M · 15.4% | $563.9M · 13% | +27%, margin +2.4 pts |
| Net income | $531.3M | $396.6M | +34% |
| Operating cash flow | $825.6M | $601.4M | +37% |
| Cash | $636.3M | $422.5M | +51% |
New risk factors (3)
- Our strategic adoption and integration of artificial intelligence ( AI ) across our products, services, and operations may expose us to significant operational, legal, competitive, regulatory, cybersecurity, and reputational risks that could adversely affect our business, results of operations, financial condition… +3 more paragraphs
- We source certain components and finished goods from countries outside of the United States, some of which are subject to import tariffs. These tariffs could increase in future periods resulting in higher costs and/or lower demand. We may be adversely affected if we are unable to offset the impact of the tariffs. If…
- We are also subject to certain other laws and regulations affecting our international operations, including laws and regulations such as the United States-Mexico-Canada Agreement ( USMCA ), which, among other things, provide certain beneficial duties and preferential tariff treatment for qualifying imports and… +4 more paragraphs
Removed risk factors (6)
- We source certain components and finished goods from countries outside of the United States, some of which are subject to import tariffs. These tariffs could increase in future periods resulting in higher costs and/or lower demand. We could be adversely affected to the extent we are unable to mitigate the impacts of…
- We are also subject to certain other laws and regulations affecting our international operations, including laws and regulations such as the United States-Mexico-Canada Agreement ( USMCA ), which, among other things, provide certain beneficial duties and preferential tariff treatment for qualifying imports and… +1 more paragraph
- We have begun to incorporate artificial intelligence ( AI ) capabilities in our product offerings and operations, and challenges with properly managing the use of AI and machine learning could result in reputational harm, competitive harm, and legal liability and adversely affect our results of operations, financial… +1 more paragraph
- GHG inventories, GHG permitting, and/or regional GHG cap-and-trade programs. It is uncertain whether, when, and in what form a federal mandatory carbon dioxide emissions reduction program, or other state programs, may be adopted. Similarly, certain countries have adopted the Kyoto Protocol and joined the Paris…
- It is uncertain what laws will be enacted, and therefore we cannot predict the potential impact of such laws on our future financial condition, results of operations, and cash flows. The laws and regulations regarding ESG disclosures and requirements are also evolving and could have an adverse effect on our…
- and 1 more in the filing
New legal mentions (1)
- On February 20, 2026, the U.S. Supreme Court issued a ruling addressing the validity of certain tariffs implemented under the International Emergency Economic Powers Act ( IEEPA ). +5 more paragraphs
The reading, claim by claim
- The filing says ABL combines luminaires with advanced electronics and sells mainly through independent sales agencies, internal sales representatives, electrical distributors and consumer retailers, large corporate accounts, and OEM customers.
- AIS, through Atrius, Distech Controls and QSC, goes to market primarily through system integrators.
- For fiscal 2026, its table shows 71 % of finished goods manufactured and 29 % purchased.
3 of 3 claims matched the filing text.
From the filing's financial data, not stated in its text
From this 10-K's financial data (XBRL) for the year ended August 31, 2026
- Gross margin was 50.6%, operating margin 15.4% and net margin 11.4%.
From the filing
Item 1. Business.
Overview
Acuity Inc. (referred to herein as "we," "our," "us," the "Company," or similar references) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting ("ABL") and Acuity Intelligent Spaces ("AIS"), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform. We focus on customer outcomes and drive growth and productivity to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals.
Acuity Brands Lighting Segment
Our mission at ABL is to provide sustainable and intelligent lighting solutions that enrich communities where people live, learn, work, and play. Our strategy is to increase product vitality, elevate service levels, use technology to improve and differentiate both our products and how we operate the business, and drive productivity. At ABL, our offering combines luminaires with advanced electronics.1 Our luminaires deliver performance and aesthetic appeal, while our electronics portfolio, featuring drivers and a leading controls platform, provides connectivity and functionality. ABL's portfolio of products includes, but is not limited to, the following brands: Aculux TM , American Electric Lighting ® , Cyclone TM , Dark to Light ® , eldoLED ® , Eureka ® , Fresco TM , Gotham ® , Holophane ® , Hydrel ® , IOTA ® , Juno ® , Lithonia Lighting ® , Luminis ® , Mark Architectural Lighting TM , Nightingale TM , nLight ® , Peerless ® , RELOC ® Wiring Solutions, and SensorSwitch TM .
Customers of ABL are located in North America and select international markets that serve new construction, renovation and retrofit, and maintenance and repair applications. Our lighting solutions are sold primarily through a network of independent sales agencies, by internal sales representatives, through electrical distributors and consumer retailers, directly to large corporate accounts, and directly to original equipment manufacturer ("OEM") customers.1 Products are delivered directly from our manufacturing facilities or through a network of distribution centers.
Acuity Intelligent Spaces Segment
At AIS, through Atrius ® , Distech Controls ® , and QSC ® , we have unique and disruptive technologies2 that are driving productivity for people experiencing spaces and for the people operating those spaces. We do this through edge-with-cloud network effects, data-driven growth, a global operating model and end-customer focus.
Atrius makes data in a space accessible, usable, and actionable. Our data platform and cloud applications for building performance and spatial intelligence aim to maximize occupant and owner experiences. Our Distech Controls intelligent Building Management Systems ("BMS") provide management of a space through controls, sensors, and software. Our open technology includes products for heating, ventilation, and air conditioning ("HVAC"), refrigeration, lighting, shades, and building access that prioritize end-user outcomes. Q-SYS, our full-stack audio, video, and control platform, unifies data, devices, and a cloud-first architecture to deliver real-time actions, experiences, and insights. QSC Audio includes audio technology that enhances experiences for live entertainers and sound reinforcement professionals.
AIS goes to market primarily through system integrators.2 Key customer verticals include retail stores, airports, universities, enterprise campuses, sports venues, themed entertainment, and hospitality, among many other broad applications throughout North America, Europe, and other select international locations.
Marketing
We market our product portfolio and service capabilities to customers and end users in multiple channels through a broad spectrum of marketing and promotional methods, including direct customer contact, trade shows, on-site training, print and digital advertising in industry publications, product brochures, and other literature, as well as through digital marketing and social media. We operate training and education facilities that illustrate a wide range of our solutions including lighting, lighting controls, building management systems, and audio, video, and control platforms.
Manufacturing and Distribution
We operate eighteen manufacturing facilities, including seven in Mexico, six in the United States, three in Canada, and two in Europe. We utilize a blend of internal and outsourced manufacturing processes and capabilities to fulfill a variety of customer needs. Our investment in our production facilities is focused primarily on improving capabilities, product quality, and manufacturing efficiency as well as environmental, health, and safety compliance. We also utilize contract manufacturing from U.S., Asian, and European sources for certain products. The following table shows the percentage of finished goods manufactured and purchased in fiscal 2026 by significant geographic region.
Manufactured Purchased Total
We operate seven manufacturing facilities in Mexico, some of which are authorized to operate as Maquiladoras under the IMMEX Program, by the Ministry of Economy of Mexico. Maquiladora status allows us to import raw materials into Mexico duty-free, provided that such items, after processing, are exported from Mexico within a stipulated time frame. Maquiladora status, which is renewed periodically, is subject to various restrictions and requirements, including compliance with the terms of the Maquiladora program and other local regulations, which h
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