Every 10-Q that Applied Industrial Technologies, Inc. (AIT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AIT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIT filings page.
Applied Industrial Technologies, Inc. (AIT) delivered solid growth in its fiscal third quarter ended March 31, 2026. Net sales rose to $1.25 billion, up 7.3% from a year earlier, driven by higher volumes in both the Service Center and Engineered Solutions segments plus modest pricing gains.
Operating income increased to $137.9 million with an 11.0% margin, similar to last year’s 11.1%. Net income was essentially flat at $99.8 million, while diluted EPS improved to $2.65, reflecting share repurchases. For the first nine months, sales grew 8.2% to $3.61 billion and net income rose 3.8% to $295.9 million, supported by contributions from the Hydradyne acquisition and steady demand across U.S. industrial markets.
Applied Industrial Technologies delivered higher sales and earnings for the quarter and six months ended December 31, 2025, driven largely by acquisitions. Quarterly net sales rose to $1.16 billion from $1.07 billion, lifting net income to $95.3 million and diluted EPS to $2.51.
For the first half, net sales increased to $2.36 billion from $2.17 billion, with net income up to $196.2 million and diluted EPS at $5.14. The Hydradyne acquisition contributed meaningfully, adding $63.1 million of sales and $3.6 million of net income in the quarter. Gross margin stayed around 30%, while higher LIFO expense and acquisition-related amortization modestly pressured margins.
Cash remained strong at $406.0 million, against total debt of $572.3 million. The company repurchased 550,636 shares for $143.4 million and put a new $900 million revolving credit facility in place, keeping ample borrowing capacity for acquisitions and general corporate needs.
Applied Industrial Technologies (AIT) reported first‑quarter results. Net sales were $1,199,523,000, up 9.2% year over year, and net income was $100,807,000. Diluted EPS rose to $2.63 from $2.36. Gross margin improved to 30.1% and operating income reached $129,030,000, a 10.8% margin.
Acquisitions contributed $69.7 million to sales, led by Hydradyne, which added $66.6 million of sales and $4.4 million of net income in the quarter. Service Center net sales were $782,474,000, up 4.4%, while Engineered Solutions grew to $417,049,000, up 19.4% with most growth from acquisitions.
Operating cash flow was $119,317,000. The company repurchased 204,136 shares for $53.2 million at an average price of $260.49 and paid dividends of $17.4 million. Cash ended at $418,716,000. Total debt was $572,300,000, including $384,000,000 on the revolver and $188,300,000 under the accounts receivable securitization facility. After quarter‑end, AIT entered a new $900,000,000 five‑year revolving credit facility with an accordion up to $800,000,000.