Applied Industrial Technologies Quarterly Income Statement
NYSE: AITConsumer DiscretionaryIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Applied Industrial Technologies revenue and earnings
In the quarter ended Jun 30, 2026, Applied Industrial Technologies generated $1.35 billion in revenue, up 10.4% from the same quarter a year earlier. Net income was $118.6 million (+10.0% year over year), for a net margin of 8.8% versus a median of 8.4% in the prior 5 quarters. Gross margin was 30.4% (down from 30.6%) and operating margin 11.8%.
Diluted earnings per share came in at $3.16, up from $2.80.
Summary generated from market data by MetaCap's automated system. Methodology
Applied Industrial Technologies income statement (quarterly)
| Quarter (USD) | Q4 20262026-06-30 | Q3 20262026-03-31 | Q2 20262025-12-31 | Q1 20262025-09-30 | Q4 20252025-06-30 | Q3 20252025-03-31 | Q2 20252024-12-31 | Q1 20252024-09-30 | Q4 20242024-06-30 | Q3 20242024-03-31 | Q2 20242023-12-31 | Q1 20242023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.35B | 1.25B | 1.16B | 1.20B | 1.22B | 1.17B | 1.07B | 1.10B | 1.16B | 1.15B | 1.08B | 1.10B |
| Revenue growth (YoY) | +10.45% | +7.26% | +8.39% | +9.15% | +5.52% | +1.78% | -0.39% | +0.34% | +0.22% | +1.27% | +1.59% | +3.09% |
| Cost of Revenue | 941.47M | 870.65M | 809.69M | 838.09M | 849.99M | 811.46M | 744.95M | 773.86M | 804.44M | 808.14M | 760.06M | 770.11M |
| Gross Profit | 411.22M | 380.80M | 353.33M | 361.43M | 374.74M | 355.29M | 328.05M | 325.08M | 356.24M | 338.25M | 317.09M | 325.08M |
| Operating Expenses | 251.91M | 242.88M | 230.13M | 232.40M | 239.65M | 225.89M | 207.18M | 211.91M | 216.89M | 217.04M | 202.50M | 204.40M |
| Selling, General & Admin | 251.91M | 242.88M | 230.13M | 232.40M | 239.65M | 225.89M | 207.18M | 211.91M | 216.89M | 217.04M | 202.50M | 204.40M |
| Operating Income | 159.31M | 137.93M | 123.21M | 129.03M | 135.09M | 129.40M | 120.87M | 113.17M | 139.34M | 121.21M | 114.59M | 120.68M |
| Other Income (Expense) | 2.04M | -350.00K | 505.00K | 548.00K | 1.28M | -1.27M | 755.00K | 2.28M | 921.00K | 1.72M | 2.92M | -431.00K |
| Pretax Income | 157.79M | 135.13M | 122.77M | 128.59M | 135.04M | 127.28M | 122.56M | 116.08M | 140.94M | 122.67M | 115.60M | 118.93M |
| Income Tax | 39.19M | 35.36M | 27.42M | 27.78M | 27.21M | 27.48M | 29.27M | 24.02M | 37.44M | 25.45M | 24.37M | 25.10M |
| Net Income | 118.60M | 99.77M | 95.35M | 100.81M | 107.84M | 99.80M | 93.29M | 92.06M | 103.49M | 97.22M | 91.23M | 93.83M |
| Net Income growth (YoY) | +9.98% | -0.03% | +2.21% | +9.50% | +4.20% | +2.66% | +2.26% | -1.88% | +12.23% | +0.03% | +13.39% | +22.04% |
| EPS (Basic) | 3.20 | 2.68 | 2.54 | 2.67 | 2.83 | 2.60 | 2.43 | 2.40 | 2.70 | 2.51 | 2.35 | 2.42 |
| EPS (Diluted) | 3.16 | 2.65 | 2.51 | 2.63 | 2.80 | 2.57 | 2.39 | 2.36 | 2.64 | 2.48 | 2.32 | 2.39 |
| Shares Outstanding (Basic) | — | 37.22M | 37.59M | 37.76M | — | 38.32M | 38.43M | 38.40M | — | 38.67M | 38.74M | 38.70M |
| Shares Outstanding (Diluted) | — | 37.68M | 38.05M | 38.27M | — | 38.85M | 38.96M | 38.94M | — | 39.25M | 39.30M | 39.31M |
| EBITDA | 165.71M | 144.32M | 129.80M | 135.52M | 141.55M | 135.99M | 126.80M | 119.10M | 145.21M | 127.01M | 120.64M | 126.40M |
| Gross Margin | 30.40% | 30.43% | 30.38% | 30.13% | 30.60% | 30.45% | 30.57% | 29.58% | 30.69% | 29.51% | 29.44% | 29.68% |
| Operating Margin | 11.78% | 11.02% | 10.59% | 10.76% | 11.03% | 11.09% | 11.26% | 10.30% | 12.01% | 10.57% | 10.64% | 11.02% |
| Net Margin | 8.77% | 7.97% | 8.20% | 8.40% | 8.80% | 8.55% | 8.69% | 8.38% | 8.92% | 8.48% | 8.47% | 8.57% |
This table shows 12 quarterly periods of Applied Industrial Technologies's income statement, from Q4 2026 back to Q1 2024, across 18 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?