Applied Industrial Technologies Financial Statements
NYSE: AITConsumer DiscretionaryIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Applied Industrial Technologies revenue and earnings
In fiscal 2026, Applied Industrial Technologies generated $4.97 billion in revenue, up 8.8% from fiscal 2025, its 5th consecutive year of revenue growth. Net income was $414.5 million (+5.5% year over year), for a net margin of 8.3% versus a median of 7.9% in the prior 5 years. Gross margin was 30.3% (flat year over year) and operating margin 11.1%.
Diluted earnings per share came in at $10.95, up from $10.12. Over the last 5 fiscal years, AIT's revenue has grown at a 8.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Applied Industrial Technologies income statement (annual)
| Fiscal year (USD) | FY 20262026-06-30 | FY 20252025-06-30 | FY 20242024-06-30 | FY 20232023-06-30 | FY 20222022-06-30 | FY 20212021-06-30 | FY 20202020-06-30 | FY 20192019-06-30 | FY 20182018-06-30 | FY 20172017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.97B | 4.56B | 4.48B | 4.41B | 3.81B | 3.24B | 3.25B | 3.47B | 3.07B | 2.59B |
| Revenue growth (YoY) | +8.84% | +1.88% | +1.51% | +15.80% | +17.76% | -0.30% | -6.54% | +13.00% | +18.49% | +11972.36% |
| Cost of Revenue | 3.46B | 3.18B | 3.14B | 3.13B | 2.70B | 2.30B | 2.31B | 2.47B | 2.19B | 1.86B |
| Gross Profit | 1.51B | 1.38B | 1.34B | 1.29B | 1.11B | 935.52M | 937.74M | 1.01B | 884.00M | 737.70M |
| Operating Expenses | 957.32M | 884.63M | 840.83M | 813.81M | 749.06M | 730.07M | 848.75M | 773.84M | 658.17M | 562.31M |
| Selling, General & Admin | 957.32M | 884.63M | 840.83M | 813.81M | 749.06M | 680.54M | 717.75M | 742.24M | 658.17M | 562.31M |
| Operating Income | 549.47M | 498.53M | 495.82M | 473.15M | 357.86M | 205.45M | 88.99M | 233.79M | 225.83M | 175.39M |
| Interest Expense | 17.39M | 18.21M | 20.54M | 24.79M | 26.79M | 30.81M | 37.26M | 40.79M | 24.14M | 8.83M |
| Other Income (Expense) | 2.74M | 3.05M | 5.14M | -1.70M | -1.80M | 2.20M | 2.78M | 881.00K | 2.38M | 121.00K |
| Pretax Income | 544.27M | 500.97M | 498.13M | 449.81M | 329.79M | 177.06M | 55.24M | 194.48M | 204.72M | 166.97M |
| Income Tax | 129.75M | 107.98M | 112.37M | 103.07M | 72.38M | 32.30M | 31.19M | 50.49M | 63.09M | 33.06M |
| Net Income | 414.52M | 392.99M | 385.76M | 346.74M | 257.41M | 144.76M | 24.04M | 143.99M | 141.63M | 133.91M |
| Net Income growth (YoY) | +5.48% | +1.87% | +11.25% | +34.70% | +77.82% | +502.10% | -83.30% | +1.67% | +5.76% | +352.75% |
| EPS (Basic) | 11.09 | 10.26 | 9.98 | 8.98 | 6.69 | 3.73 | 0.62 | 3.72 | 3.65 | 3.43 |
| EPS (Diluted) | 10.95 | 10.12 | 9.83 | 8.84 | 6.58 | 3.68 | 0.62 | 3.68 | 3.61 | 3.40 |
| Shares Outstanding (Basic) | 37.38M | 38.29M | 38.67M | 38.59M | 38.47M | 38.76M | 38.66M | 38.67M | 38.75M | 39.01M |
| Shares Outstanding (Diluted) | 37.86M | 38.82M | 39.26M | 39.22M | 39.10M | 39.30M | 39.00M | 39.16M | 39.28M | 39.40M |
| EBITDA | 575.34M | 523.43M | 519.25M | 495.42M | 379.53M | 226.23M | 110.19M | 254.02M | 243.63M | 190.69M |
| Gross Margin | 30.34% | 30.31% | 29.84% | 29.16% | 29.05% | 28.91% | 28.89% | 29.02% | 28.76% | 28.44% |
| Operating Margin | 11.06% | 10.92% | 11.07% | 10.72% | 9.39% | 6.35% | 2.74% | 6.73% | 7.35% | 6.76% |
| Net Margin | 8.35% | 8.61% | 8.61% | 7.86% | 6.76% | 4.47% | 74.00% | 4.15% | 4.61% | 5.16% |
This table shows 10 annual periods of Applied Industrial Technologies's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AIT's reporting calendar. What is a income statement?