Parker-Hannifin reports record Q1 2027 results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0000076334-26-000170
- Sales increased 18% to $6.0 billion
- Net income rose 9% to $0.9 billion
- Adjusted EPS increased 23% to $8.90
- Fiscal 2027 outlook raised for sales and EPS
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- Under Item 2.02, it says it issued a press release that day announcing results of operations for the quarter ended September 30, 2026, furnished as Exhibit 99.1.
- Item 9.01 lists Exhibit 99.1, the press release dated November 5, 2026, and Exhibit 104, the cover page interactive data file.
- The report is signed by Todd M. Leombruno, Executive Vice President and Chief Financial Officer.
- The press release says sales increased 18% to a record $6.0 billion, with organic sales up 11.5% and acquisitions adding 7%.
- EPS increased 10% to $6.92, and adjusted EPS increased 23% to $8.90.
- Segment operating margin was 24.4%, or 28.6% adjusted.
- By segment, the release reports sales of $2,445 million for Diversified Industrial North America, $1,707 million for International Businesses and $1,867 million for Aerospace Systems.
- It also reports a record backlog of $13.7 billion and says the Filtration Group acquisition was completed.
- For fiscal 2027, the release gives guidance of reported sales growth of 16.0% to 19.0%, and EPS of $29.65 to $30.45, or $36.45 to $37.25 adjusted.
9 of 10 claims matched the filing text.
Not found in the filing text
- In its 10-Q for the quarter ended September 30, 2026, the company reported revenue of $6.0 billion, net income of $884.0 million and a net margin of 14.8%.
From the filing
Item 2.02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On November 5, 2026, Parker-Hannifin Corporation issued a press release announcing results of operations for the quarter ended September 30, 2026.1 1A copy of the press release is furnished as Exhibit 99.1 to this report.1
Item 9.01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
99.1 Press release issued by Parker-Hannifin Corporation, dated November 5, 2026.2
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
PARKER-HANNIFIN CORPORATION
Todd M. Leombruno
Executive Vice President and Chief Financial Officer3
Date: November 5, 2026
Parker Delivers Record Fiscal 2027 First Quarter Results, Raises Full Year Outlook
Record first quarter sales, segment operating margin and EPS; Completes Filtration Group acquisition
CLEVELAND, November 5, 2026 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended September 30, 2026 that included the following highlights (compared with the prior year period):
Fiscal 2027 First Quarter Highlights:
• FY27 outlook increased for organic sales growth, adjusted segment operating margin, adjusted EPS and free cash flow
"Parker team members delivered an exceptional quarter of record performance and an impressive start to our fiscal year," said Jenny Parmentier, Chairman and Chief Executive Officer. "We experienced increased demand across all market verticals, resulting in double-digit organic sales growth and record backlog levels. Strong market conditions, combined with execution of The Win Strategy™, delivered record adjusted segment operating margin of 28.6% and adjusted earnings per share growth of 23%. We are pleased to have completed the acquisition of Filtration Group Corporation8, significantly expanding our filtration offering and aftermarket business and are excited to welcome these talented team members to Parker. With strong first quarter performance and increased order rates, we are raising our full year fiscal 2027 guidance for organic sales growth, adjusted segment operating margin, adjusted earnings per share and free cash flow."
This news release contains non-GAAP financial measures. Reconciliations of adjusted numbers and certain non-GAAP financial measures are included in the financial tables of this press release.
Fiscal 2027 Outlook
The company has updated guidance for the fiscal year ending June 30, 2027, which now includes Filtration Group Corporation.
• Reported sales growth of 16.0% to 19.0%9
Fiscal 2027 First Quarter Segment Results
Diversified Industrial Segment
North America Businesses
($ in millions) FY27 Q1 FY26 Q1 Change
Organic Growth
• Record sales with growth across all market verticals; Organic sales growth of 9%
• Segment operating margin of 23.0% includes expenses related to the Filtration Group acquisition
• Record adjusted segment operating margin of 27.6%, up 60 bps from 27.0% in the prior-year quarter
International Businesses
($ in millions) FY27 Q1 FY26 Q1 Change
Organic Growth
Sales
$ 1,707 $ 1,399 22.0 % 11.6 %7
Segment Operating Income (GAAP)
$ 410 $ 314 30.6 %
Segment Operating Margin (GAAP)
Adjusted Segment Operating Margin (non-GAAP)
27.7 % 25.0 % 270 bps
• Record sales with growth led by APAC
Aerospace Systems Segment
($ in millions) FY27 Q1 FY26 Q1 Change
Organic Growth
Sales
$ 1,867 $ 1,641 13.8 % 13.9 %7
Segment Operating Income (GAAP)
$ 497 $ 411 20.9 %
Segment Operating Margin (GAAP)
Adjusted Segment Operating Margin (non-GAAP)
30.7 % 30.0 % 70 bps
• Record sales with double-digit OEM and Aftermarket growth
• Record adjusted segment operating margin of 30.7%, up 70 bps from 30.0% in the prior-year quarter
• Strong orders drive backlog to a new record
Rolling 12-Month Order Rates
Q1 FY27 Q4 FY26
Parker
+13% +12%
Diversified Industrial Segment - North America Businesses
+11% +9%
Diversified Industrial Segment - International Businesses
+14% +10%
Aerospace Systems Segment
+14% +18%
• Double digit order rates across all businesses as backlog reaches a record $13.7 billion8
About Parker Hannifin
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin .
Contacts:
Media:
Financial Analysts:
Aidan Gormley
Jeff Miller
aidan.gormley@parker.com
jeffrey.miller@parker.com
Notice of Webcast
Parker Hannifin's conference call and slide presentation to discuss its fiscal 2027 first quarter results are available to all interested parties via live webcast today at 11:00 a.m. ET, at investors.parker.com . A replay of the webcast will be available on the site approximately one hour after the
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