Applied Industrial Technologies Reports Q1 Net Sales of $1.2 Billion and Net Income of $100.8 Million

Reuters10-28
<a href="https://laohu8.com/S/AMAT">Applied</a> Industrial Technologies Reports Q1 Net Sales of $1.2 Billion and Net Income of $100.8 Million

Applied Industrial Technologies Inc. reported fiscal 2026 first quarter results for the period ended September 30, 2025. Net sales reached $1.2 billion, up 9.2% from the prior year. Organic sales increased 3.0%, with the Service Center segment rising 4.4% and the Engineered Solutions segment decreasing 0.4%. Net income was $100.8 million. Operating income totaled $129.0 million, and EBITDA was $146.3 million, up 13.4% compared to the previous year. Operating cash flow was $119.3 million, and free cash flow was $112.0 million. The company reported a $2.6 million pre-tax LIFO expense for the quarter.

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