Enerpac Tool Group Reports First Quarter Fiscal 2026 Results

Rhea-AI Summary

Enerpac Tool Group (NYSE: EPAC) reported fiscal Q1 2026 results for the period ended November 30, 2025: net sales $144.2M (down 1% year‑over‑year; organic −2%), net earnings $19.1M or $0.36 diluted EPS, adjusted EBITDA $32.4M and adjusted EBITDA margin 22.4%. Operating margin and adjusted operating margin were 19.8%. Operating cash flow was $16.0M (versus $8.6M prior year). The company repurchased ~377,000 shares for $14.9M. Net debt was $49.4M with net debt/adjusted EBITDA of 0.3x. Enerpac maintained fiscal 2026 guidance: net sales $635–$655M, adjusted EBITDA $158–$168M, adjusted EPS $1.85–$2.00, and free cash flow $100–$110M.

Positive

• Operating cash flow increased to $16.0M from $8.6M
• Company returned $14.9M to shareholders via repurchases
• Net debt reduced to $49.4M with 0.3x net debt/adjusted EBITDA
• Maintained fiscal 2026 guidance: $635–$655M sales and $158–$168M adjusted EBITDA

Negative

• Net earnings declined ~12% to $19.1M year‑over‑year
• Organic net sales fell 2% year‑over‑year to $144.2M
• IT&S service revenue declined 26% year‑over‑year, driven by UK softness

Key Figures

Net sales $144.2M Q1 FY2026 vs $145.2M prior-year period

Net earnings $19.1M Q1 FY2026 vs $21.7M prior-year period

Diluted EPS $0.36 Q1 FY2026 vs $0.40 prior-year period

Adjusted EBITDA $32.4M Q1 FY2026 vs $34.3M prior-year period

Operating margin 19.8% Q1 FY2026 reported operating and adjusted operating margin

Operating cash flow $16.0M Q1 FY2026 vs $8.6M prior-year period

Share repurchases $14.9M Q1 FY2026; ≈377,000 shares under October 2025 program

FY2026 sales guidance $635–655M Maintained net sales outlook for fiscal 2026

Market Reality Check

$39.26 Last Close

Volume Volume 530,248 is 1.35x the 20-day average of 391,673. normal

Technical Price 39.26 is trading below the 200-day MA at 41.13, after a -20.53% pullback from the 52-week high.

Peers on Argus

EPAC was down 1.45% pre-release, while peers also traded lower: PSIX -5.47%, AMSC -7.6%, ATS -3.94%, SXI -2.52%, XMTR -2.57%, suggesting broader weakness but no confirmed momentum-style sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 10	Earnings call scheduling	Neutral	+4.0%	Set timing for Q1 FY26 earnings release and investor call.
Oct 30	Conference appearance	Neutral	-1.4%	Announced presentation at Baird Global Industrial Conference.
Oct 15	Earnings and guidance	Positive	+0.0%	Reported FY25 growth, solid margins, and issued FY26 guidance.
Sep 16	Earnings call scheduling	Neutral	-0.9%	Scheduled Q4 FY25 earnings release and conference call.
Jul 30	Dividend announcement	Positive	+0.0%	Declared annual dividend of <b>$0.04</b> per share.

Pattern Detected

Recent news skewed toward routine corporate events and guidance, with price reactions generally aligned to neutral-to-positive sentiment.

Recent Company History

This announcement follows Enerpac’s fiscal 2025 results on Oct 15, 2025, where net sales reached $616.9M with 1.0% organic growth and adjusted EBITDA of $153.6M, alongside fiscal 2026 guidance of $635–655M sales and adjusted EPS of $1.85–2.00. The board also authorized a new $200M repurchase program and an annual dividend of $0.04 per share. Recent headlines mainly covered conference appearances and earnings-call scheduling, with modest, generally aligned price moves, so today’s in-line quarter and maintained outlook fit that trajectory.

Market Pulse Summary

The stock is down -7.8% following this news. A negative reaction despite maintained guidance would fit the modest softness shown in Q1, where net sales of $144.2M, adjusted EBITDA of $32.4M, and EPS of $0.36 all declined year-over-year. Historically, Enerpac’s shares have moved broadly in line with fundamental updates. Investors evaluating any drawdown would consider whether lower margins or weaker service revenue trends deepen, and how capital returns like the $14.9M in buybacks factor into overall capital allocation.

Key Terms

generally accepted accounting principles financial

"measures in accordance with U.S. Generally Accepted Accounting Principles"

Generally accepted accounting principles (GAAP) are a standardized set of rules and practices companies use to record and report their financial results, like a common recipe so dishes from different cooks can be fairly compared. Investors rely on GAAP because it makes company earnings, assets and liabilities consistent and transparent across businesses, helping them compare performance, spot risks, and make informed decisions about buying or selling stock.

non-gaap financial

"in addition to non-GAAP financial measures"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

adjusted ebitda financial

"Adjusted EBITDA was $32.4 million and adjusted EBITDA margin was 22.4%"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

net debt to adjusted ebitda financial

"Net debt to adjusted EBITDA ratio of 0.3x"

Net debt to adjusted EBITDA is a leverage ratio that compares a company’s net debt (total interest-bearing debt minus cash) to its recurring operating earnings after removing one-off items. Think of it like how many years of steady take-home pay the business would need to pay off its outstanding debt; investors use it to gauge debt burden, financial risk and relative creditworthiness, with lower ratios generally indicating a safer balance sheet.

free cash flow financial

"and free cash flow of $100 million to $110 million"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

restricted stock units financial

"The restricted stock units were granted under the Enerpac Tool Group 2017 Omnibus Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

AI-generated analysis. Not financial advice.

First Quarter of Fiscal 2026 Highlights*

• Net sales were $144 million, a 1% decrease compared to the prior year.
• Operating margin and adjusted operating margin was 19.8%.
• Net earnings were $19.1 million, or $0.36 per diluted share.
• Adjusted EBITDA was $32.4 million and adjusted EBITDA margin was 22.4%.
• Operating cash flow was $16 million, up from $9 million in the prior year.
• Returned approximately $15 million to shareholders through share repurchases.

^{*This press release contains financial measures in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in addition to non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the comparable GAAP measures are presented in the tables accompanying this release.}

MILWAUKEE, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company” or “Enerpac”) today announced results for its fiscal first quarter ended November 30, 2025.

"Our first quarter results were essentially as expected," said Paul Sternlieb, Enerpac Tool Group's President & CEO. "We were encouraged by some favorable developments and trends in the quarter for our products, including solid sales growth, particularly in the Americas, and even stronger order growth, reinforcing our cautiously optimistic posture entering 2026."

Consolidated Results
(US$ in millions, except per share)
		Three Months Ended
		November 30, 2025			November 30, 2024
Net Sales		$144.2			$145.2
Net Earnings		$19.1			$21.7
Diluted EPS		$0.36			$0.40
Adjusted Diluted EPS		$0.36			$0.40
Adjusted EBITDA		$32.4			$34.3

First Quarter Fiscal 2026 Consolidated Results Comparisons

Consolidated net sales for the first quarter of fiscal 2026 were $144.2 million compared to $145.2 million in the prior-year period, a decrease of 1%. On an organic basis, sales declined 2% year-over-year. IT&S sales declined 3% on an organic basis, which was partially offset by 27% growth at Cortland Biomedical.

Within IT&S, product sales increased 4% organically while service revenue declined 26% year-over-year, primarily due to softness in the UK market.

First quarter fiscal 2026 net earnings and diluted EPS were $19.1 million and $0.36 respectively, compared to $21.7 million and $0.40, respectively, in the year-ago period.

First quarter adjusted EBITDA was $32.4 million compared to $34.3 million in the year-ago period. Adjusted EBITDA margin declined 120 basis points year-over-year to 22.4% as a result of a lower gross margin and slight deleveraging of operating expenses on lower sales.

Net cash provided by operating activities was $16.0 million for the first quarter of fiscal 2026 as compared to $8.6 million in the prior-year period.

Balance Sheet and Leverage
(US$ in millions)		November 30, 2025			August 31, 2025			November 30, 2024
Cash Balance		$139.0			$151.6			$130.7
Debt Balance		$188.5			$189.7			$193.3
Net Debt to Adjusted EBITDA1		0.3x			0.3x			0.5x

Net debt on November 30, 2025, was $49.4 million, resulting in a net debt to adjusted EBITDA ratio of 0.3x. The Company repurchased approximately 377,000 shares of its common stock in the first quarter of fiscal 2026 for a total of $14.9 million under its share repurchase program announced in October 2025.

Outlook

The Company is maintaining its fiscal 2026 outlook, projecting a net sales range of $635 million to $655 million and organic sales growth of 1% to 4%. The Company also forecasts adjusted EBITDA of $158 million to $168 million, adjusted EPS of $1.85 to $2.00, and free cash flow of $100 million to $110 million. This guidance is based on the Company’s key foreign exchange rate assumptions and assumes no substantial change to the current tariff or regulatory environment.

Conference Call Information

An investor conference call is scheduled for 7:30 am CT on December 18, 2025. Webcast information and conference call materials, including an earnings presentation, are available on the Enerpac Tool Group website (www.enerpactoolgroup.com).

_{¹Calculated in accordance with the terms of the Company’s September 2022 Senior Credit Facility.}

Safe Harbor Statement

Certain of the above comments represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In addition to statements with respect to guidance, the terms “outlook,” “may,” “should,” “could,” “anticipate,” “believe,” “estimate,” “expect,” “objective,” “plan,” “project” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to inherent risks and uncertainties that may cause actual results or events to differ materially from those contemplated by such forward-looking statements. In addition to the assumptions and other factors referred to specifically in connection with such statements, risks and uncertainties that may cause actual results or events to differ materially from those contemplated by such forward-looking statements include, without limitation, general economic uncertainty, the impact of geopolitical activity, including the armed conflicts in the Middle East, including the impact on shipping in the area and the invasion of Ukraine by Russia and international sanctions imposed in response thereto, market conditions in the industrial, oil & gas, energy, power generation, infrastructure, commercial construction, truck and automotive industries, supply chain risks, including disruptions in deliveries from suppliers due to political tensions and armed conflicts; impacts from the imposition, or threat of imposition, of tariffs and other trade restrictions, the ability of the Company to achieve its plans or objectives related to its growth strategy, market acceptance of existing and new products, market acceptance of price increases, successful integration of acquisitions, the impact of dispositions and restructurings, the ability of the Company to continue to achieve or maintain operational improvements related to the ASCEND program and other restructuring actions, operating margin risk due to competitive pricing and operating efficiencies, risks related to reliance on independent agents and distributors for the distribution and service of products, material, labor, or overhead cost increases, tax law changes, foreign currency risk, interest rate risk, commodity risk, tariffs, litigation matters, cybersecurity risk, impairment of goodwill or other intangible assets, the Company’s ability to access capital markets and other risks and uncertainties that may be referred to or noted in the Company’s reports filed with the Securities and Exchange Commission from time to time, including those described in the Company’s Form 10-K for the fiscal year ended August 31, 2025. Enerpac Tool Group disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason, except to the extent required by law.

Non-GAAP Financial Information

This press release contains financial measures that are not measures presented in conformity with GAAP. These non-GAAP measures include organic sales, EBITDA, adjusted EBITDA, adjusted, adjusted diluted earnings per share, adjusted operating profit, segment adjusted operating profit and adjusted EBITDA, adjusted corporate expense, adjusted SG&A expense, free cash flow and net debt. This press release includes reconciliations of non-GAAP measures to the most comparable GAAP measure, included in the tables attached to this press release or in footnotes to the tables included in this press release. Management believes the non-GAAP measures presented in this press release are commonly used financial measures for investors to evaluate Enerpac Tool Group’s operating performance and financial position with respect to the periods presented and, when read in conjunction with the condensed consolidated financial statements, present a useful tool to evaluate ongoing operations and provide investors with metrics they can use to evaluate aspects of the Company’s performance from period to period. In addition, these are some of the financial metrics management uses in internal evaluations of the overall performance of the Company’s business. Management acknowledges that there are many items that impact a company’s reported results and the adjustments reflected in these non-GAAP measures are not intended to present all items that may have impacted these results. In addition, these non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies. Adjusted diluted earnings per share anticipated for fiscal year 2026 is calculated in a manner consistent with the historical presentation of that measure in the accompanying tables. Because of the forward-looking nature of this estimate, it is impractical to present a quantitative reconciliation of this non-GAAP measure to the comparable GAAP measure, and accordingly no such GAAP measure for that period is being presented.

About Enerpac Tool Group

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com.

(tables follow)

Enerpac Tool Group Corp.
Condensed Consolidated Balance Sheets
(In thousands)
		(Unaudited)
		November 30,				August 31,
			2025				2025
Assets
Current assets
Cash and cash equivalents		$	139,047			$	151,558
Accounts receivable, net			98,067				106,085
Inventories, net			90,307				78,774
Other current assets			45,054				39,701
Total current assets			372,475				376,118
Property, plant and equipment, net			52,739				53,275
Goodwill			287,988				289,787
Other intangible assets, net			44,954				46,942
Other long-term assets			59,905				61,745
Total assets		$	818,061			$	827,867
Liabilities and Shareholders' Equity
Current liabilities
Current maturities of long-term debt		$	8,750			$	7,500
Trade accounts payable			41,698				42,944
Accrued compensation and benefits			21,746				28,108
Income taxes payable			9,841				5,425
Other current liabilities			49,743				53,125
Total current liabilities			131,778				137,102
Long-term debt, net			179,710				182,168
Deferred income taxes			7,337				6,192
Pension and postretirement benefit liabilities			6,744				7,147
Other long-term liabilities			61,438				61,564
Total liabilities			387,007				394,173
Shareholders' equity
Capital stock			10,555				10,589
Additional paid-in capital			240,842				243,137
Retained earnings			288,408				284,102
Accumulated other comprehensive loss			(108,751	)			(104,134	)
Stock held in trust			(3,542	)			(3,542	)
Deferred compensation liability			3,542				3,542
Total shareholders' equity			431,054				433,694
Total liabilities and shareholders' equity		$	818,061			$	827,867

Enerpac Tool Group Corp.
Condensed Consolidated Statements of Earnings
(In thousands)
		(Unaudited)
		Three Months Ended
		November 30,				November 30,
			2025				2024
Net sales		$	144,208			$	145,196
Cost of products sold			71,026				70,544
Gross profit			73,182				74,652
Selling, general and administrative expenses			43,095				42,318
Amortization of intangible assets			1,597				1,202
Operating profit			28,490				31,132
Financing costs, net			2,265				2,770
Other expense, net			668				487
Earnings before income tax expense			25,557				27,875
Income tax expense			6,426				6,152
Net earnings		$	19,131			$	21,723
Earnings per share
Basic		$	0.36			$	0.40
Diluted			0.36				0.40
Weighted average common shares outstanding
Basic			52,980				54,242
Diluted			53,348				54,812

Enerpac Tool Group Corp.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)
		November 30,				November 30,
			2025				2024
Operating Activities
Cash provided by operating activities		$	15,976			$	8,649
Investing Activities
Capital expenditures			(2,677	)			(5,857	)
Deferred acquisition payment			(949	)			–
Cash paid for business acquisitions, net of cash acquired			–				(27,196	)
Financing Activities
Principal repayments on term loan			(1,250	)			(1,250	)
Borrowings on revolving credit facility			–				14,421
Principal repayments on revolving credit facility			–				(14,421	)
Purchase of treasury shares			(14,899	)			(4,379	)
Stock options, taxes paid related to the net share settlement of equity awards & other			(5,229	)			(4,987	)
Payment of cash dividend			(2,119	)			(2,167	)
Cash used in financing activities		$	(23,497	)		$	(12,783	)
Effect of exchange rate changes on cash			(1,364	)			826
Net decrease from cash and cash equivalents		$	(12,511	)		$	(36,361	)
Cash and cash equivalents – beginning of period			151,558				167,094
Cash and cash equivalents – end of period		$	139,047			$	130,733

Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures
(In thousands)
		Fiscal 2025																Fiscal 2026
		Q1			Q2			Q3			Q4			TOTAL				Q1			Q2			Q3			Q4			TOTAL
Net Sales
Industrial Tools & Services Segment		$	140,134		$	140,716		$	153,374		$	161,602		$	595,825			$	137,762		$	–		$	–		$	–		$	137,762
Other			5,062			4,812			5,287			5,913			21,074				6,446			–			–			–			6,446
Enerpac Tool Group		$	145,196		$	145,528		$	158,661		$	167,515		$	616,899			$	144,208		$	–		$	–		$	–		$	144,208
% Net Sales Growth (Decline) Year over Year
Industrial Tools & Services Segment			2.3	%		4.4	%		5.1	%		5.4	%		4.3	%			(1.7	%)		–			–			–			(1.7	%)
Other			2.6	%		33.1	%		18.7	%		10.4	%		14.8	%			27.3	%		–			–			–			27.3	%
Enerpac Tool Group			2.3	%		5.1	%		5.5	%		5.5	%		4.6	%			(0.7	%)		–			–			–			(0.7	%)
Adjusted Selling, general and administrative expenses
Selling, general and administrative expenses		$	42,318		$	41,423		$	41,125		$	42,055		$	166,920			$	43,095		$	–		$	–		$	–		$	43,095
M&A charges			(152	)		(258	)		(714	)		(292	)		(1,415	)			(91	)		–			–			–			(91	)
Adjusted Selling, general and administrative expenses		$	42,166		$	41,165		$	40,411		$	41,763		$	165,505			$	43,004		$	–		$	–		$	–		$	43,004
Adjusted Selling, general and administrative expenses %
Enerpac Tool Group			29.0	%		28.3	%		25.5	%		24.9	%		26.8	%			29.8	%		–			–			–			29.8	%
Adjusted Operating profit
Operating profit		$	31,132		$	30,820		$	31,681		$	39,837		$	133,471			$	28,490		$	–		$	–		$	–		$	28,490
Restructuring charges			–			–			5,862			–			5,862				–			–			–			–			–
M&A charges			152			261			714			292			1,419				91			–			–			–			91
Adjusted Operating profit		$	31,284		$	31,081		$	38,257		$	40,129		$	140,752			$	28,581		$	–		$	–		$	–		$	28,581
Adjusted Operating profit by Segment
Industrial Tools & Services Segment		$	38,074		$	38,748		$	42,837		$	47,092		$	166,751			$	35,740		$	–		$	–		$	–		$	35,740
Other			1,319			1,301			2,083			1,360			6,063				2,214			–			–			–			2,214
Corporate / General			(8,109	)		(8,968	)		(6,663	)		(8,323	)		(32,062	)			(9,373	)		–			–			–			(9,373	)
Adjusted operating profit		$	31,284		$	31,081		$	38,257		$	40,129		$	140,752			$	28,581		$	–		$	–		$	–		$	28,581
Adjusted Operating profit %
Industrial Tools & Services Segment			27.2	%		27.5	%		27.9	%		29.1	%		28.0	%			25.9	%		–			–			–			25.9	%
Other			26.1	%		27.0	%		39.4	%		23.0	%		28.8	%			34.3	%		–			–			–			34.3	%
Adjusted Operating Profit %			21.5	%		21.4	%		24.1	%		24.0	%		22.8	%			19.8	%		–			–			–			19.8	%
EBITDA (1)
Net earnings		$	21,723		$	20,901		$	22,044		$	28,080		$	92,749			$	19,131		$	–		$	–		$	–		$	19,131
Financing costs, net			2,770			2,371			2,395			2,376			9,911				2,265			–			–			–			2,265
Income tax expense			6,152			6,798			6,295			8,734			27,980				6,426			–			–			–			6,426
Depreciation & amortization			3,514			3,471			3,721			4,968			15,674				4,448			–			–			–			4,448
EBITDA		$	34,159		$	33,541		$	34,455		$	44,158		$	146,314			$	32,270		$	–		$	–		$	–		$	32,270
Adjusted EBITDA (1)
EBITDA		$	34,159		$	33,541		$	34,455		$	44,158		$	146,314			$	32,270		$	–		$	–		$	–		$	32,270
Restructuring charges			–			–			5,862			–			5,862				–			–			–			–			–
M&A charges			152			261			714			292			1,419				91			–			–			–			91
Adjusted EBITDA (1)		$	34,311		$	33,802		$	41,031		$	44,450		$	153,595			$	32,361		$	–		$	–		$	–		$	32,361
Adjusted EBITDA (1) by Segment
Industrial Tools & Services Segment		$	40,807		$	41,313		$	45,317		$	50,726		$	178,163			$	38,903		$	–		$	–		$	–		$	38,903
Other			1,546			1,525			2,309			1,579			6,959				2,462			–			–			–			2,462
Corporate / General			(8,042	)		(9,036	)		(6,595	)		(7,855	)		(31,527	)			(9,004	)		–			–			–			(9,004	)
Adjusted EBITDA (1)		$	34,311		$	33,802		$	41,031		$	44,450		$	153,595			$	32,361		$	–		$	–		$	–		$	32,361
Adjusted EBITDA % (1)
Industrial Tools & Services Segment			29.1	%		29.4	%		29.5	%		31.4	%		29.9	%			28.2	%		–			–			–			28.2	%
Other			30.5	%		31.7	%		43.7	%		26.7	%		33.0	%			38.2	%		–			–			–			38.2	%
Adjusted EBITDA % (1)			23.6	%		23.2	%		25.9	%		26.5	%		24.9	%			22.4	%		–			–			–			22.4	%
Notes:
(1) EBITDA represents net earnings before financing costs, net, income tax expense, and depreciation & amortization. Neither EBITDA nor adjusted EBITDA are calculated based upon generally accepted accounting principles ("GAAP"). The amounts included in the EBITDA and adjusted EBITDA calculation, however, are derived from amounts included in the Condensed Consolidated Statements of Earnings. EBITDA and adjusted EBITDA should not be considered as alternatives to net earnings, operating profit or operating cash flows. The Company has presented EBITDA and adjusted EBITDA because it regularly reviews these performance measures. In addition, EBITDA and adjusted EBITDA are used by many of our investors and lenders, and are presented as a convenience to them. The EBITDA and adjusted EBITDA measures presented may not always be comparable to similarly titled measures reported by other companies due to differences in the components of the calculation.

Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures (Continued)
(In thousands)
		Fiscal 2025								Fiscal 2026
		Q1				YTD				Q1				YTD
Net Sales
Industrial Tools & Services Segment		$	140,134			$	140,134			$	137,762			$	137,762
Other			5,062				5,062				6,446				6,446
Enerpac Tool Group		$	145,196			$	145,196			$	144,208			$	144,208
Adjustment: Fx Impact on Net Sales
Industrial Tools & Services Segment		$	2,532			$	2,532			$	–			$	–
Other			–				–				–				–
Enerpac Tool Group		$	2,532			$	2,532			$	–			$	–
Adjustment: Impact from Divestitures or Acquisitions on Net Sales
Industrial Tools & Services Segment			–				–				–				–
Other			–				–				–				–
Enerpac Tool Group		$	–			$	–			$	–			$	–
Organic Sales by Segment (2)
Industrial Tools & Services Segment		$	142,666			$	142,666			$	137,762			$	137,762
Other			5,062				5,062				6,446				6,446
Enerpac Tool Group		$	147,728			$	147,728			$	144,208			$	144,208
Organic Sales Growth (Decline) %
Industrial Tools & Services Segment											(3.4	%)			(3.4	%)
Other											27.3	%			27.3	%
Enerpac Tool Group											(2.4	%)			(2.4	%)
Industrial Tools & Services Segment Net Sales by Product Line
Industrial Tools & Services Product		$	106,087			$	106,087			$	112,111			$	112,111
Industrial Tools & Services Service			34,047				34,047				25,651				25,651
Industrial Tools & Services Segment		$	140,134			$	140,134			$	137,762			$	137,762
Adjustment: Fx Impact on Net Sales
Industrial Tools & Services Product		$	1,760			$	1,760			$	–			$	–
Industrial Tools & Services Service			772				772				–				–
Industrial Tools & Services Segment		$	2,532			$	2,532			$	–			$	–
Adjustment: Impact from Divestitures or Acquisitions on Net Sales
Industrial Tools & Services Product			–				–				–				–
Industrial Tools & Services Service			–				–				–				–
Industrial Tools & Services Segment		$	–			$	–			$	–			$	–
Idustrial Tools & Services Segment Organic Sales by Product Line (2)
Industrial Tools & Services Product		$	107,847			$	107,847			$	112,111			$	112,111
Industrial Tools & Services Service			34,819				34,819				25,651				25,651
Industrial Tools & Services Segment		$	142,666			$	142,666			$	137,762			$	137,762
Organic Sales Growth (Decline) %
Industrial Tools & Services Product											4.0	%			4.0	%
Industrial Tools & Services Service											(26.3	%)			(26.3	%)
Industrial Tools & Services Segment											(3.4	%)			(3.4	%)
(2) Organic Sales is defined as sales excluding the impact to foreign currency changes and the impact from recent acquisitions and divestitures to net sales.

Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures (Continued)
(In thousands, except for per share amounts)
		Fiscal 2025																Fiscal 2026
		Q1			Q2			Q3			Q4			TOTAL				Q1			Q2			Q3			Q4			TOTAL
Adjusted Earnings (3)
Net Earnings		$	21,723		$	20,901		$	22,044		$	28,080		$	92,749			$	19,131		$	–		$	–		$	–		$	19,131
Restructuring charges			–			–			5,862			–			5,862				–			–			–			–			–
M&A charges			152			261			714			292			1,419				91			–			–			–			91
Net tax effect of reconciling items above			(4	)		1			(910	)		(492	)		(1,406	)			(20	)		–			–			–			(20	)
Adjusted Net Earnings		$	21,871		$	21,163		$	27,710		$	27,880		$	98,624			$	19,202		$	–		$	–		$	–		$	19,202
Adjusted Diluted Earnings per share (3)
Net Earnings		$	0.40		$	0.38		$	0.41		$	0.52		$	1.70			$	0.36		$	–		$	–		$	–		$	0.36
Restructuring charges, net of tax effect			–			–			0.09			(0.01	)		0.09				–			–			–			–			–
M&A charges, net of tax effect			0.00			0.00			0.01			0.00			0.02				0.00			–			–			–			0.00
Adjusted Diluted Earnings per share		$	0.40		$	0.39		$	0.51		$	0.52		$	1.81			$	0.36		$	–		$	–		$	–		$	0.36
Notes continued:
(3) Adjusted earnings and adjusted diluted earnings per share represent net earnings and diluted earnings per share per the Condensed Consolidated Statements of Earnings net of charges or credits for items to be highlighted for comparability purposes. These measures are not calculated based upon GAAP and should not be considered as an alternative to net earnings or diluted earnings per share or as an indicator of the Company's operating performance. However, this presentation is important to investors for understanding the operating results of the current portfolio of Enerpac Tool Group companies.
For all reconciliations of GAAP measures to Non-GAAP measures, the summation of the individual components may not equal the total due to rounding.

Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP To Non-GAAP Guidance
(In millions)
		Fiscal 2026
		Low				High
Reconciliation of GAAP Operating Profit
To Adjusted EBITDA (4)
GAAP Operating profit		$	141			$	153
Other expense, net			(1	)			(1	)
Depreciation & amortization			18				16
Adjusted EBITDA		$	158			$	168
Reconciliation of GAAP Cash Flow From Operations to Free Cash Flow
Cash provided by operating activities		$	115			$	120
Capital expenditures			(15	)			(10	)
Free Cash Flow		$	100			$	110
Notes continued:
(4) Management does not provide guidance on certain GAAP financial measures as we are unable to predict and estimate with certainty items such as potential impairments, refinancing costs, business divestiture gains/losses, discrete tax adjustments, or other items impacting GAAP financial metrics. As a result, we have included only those items about which we are aware and are reasonably likely to occur during the guidance period covered.

Contact:
Travis Williams
Senior Director, Investor Relations
investor.relations@enerpac.com

FAQ

What were Enerpac (EPAC) fiscal Q1 2026 net sales and EPS?

Enerpac reported net sales $144.2M and diluted EPS $0.36 for fiscal Q1 2026.

How did Enerpac's adjusted EBITDA and margin perform in Q1 2026?

Adjusted EBITDA was $32.4M with an adjusted EBITDA margin of 22.4% in Q1 2026.

What fiscal 2026 guidance did Enerpac (EPAC) provide on December 17, 2025?

Guidance is net sales $635–$655M, adjusted EBITDA $158–$168M, adjusted EPS $1.85–$2.00, and free cash flow $100–$110M.

How much did Enerpac repurchase in shares during Q1 2026 and how many shares?

Enerpac repurchased approximately 377,000 shares for a total of $14.9M in Q1 2026.

What is Enerpac's net debt and leverage after Q1 2026?

Net debt was $49.4M, resulting in a net debt to adjusted EBITDA ratio of 0.3x on November 30, 2025.

What drove the year‑over‑year organic sales decline for Enerpac in Q1 2026?

Organic sales fell 2%, with IT&S service revenue down 26%—primarily due to softness in the UK—partially offset by 27% growth at Cortland Biomedical.