Here are the 10-K annual reports from Modine Manufacturing Co (MOD) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MOD 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 MOD filings page.
Modine Manufacturing Company reports fiscal 2026 net sales of $3.2 billion, up 23% from $2.6 billion in fiscal 2025, driven mainly by its Climate Solutions segment and strong data center demand. Operating income rose to $342 million, an increase of $59 million, primarily from higher gross profit.
The company is reshaping its portfolio around climate solutions and data centers, applying 80/20 principles and making three HVAC acquisitions: AbsolutAire, L.B. White and Climate by Design. It plans a Reverse Morris Trust with Gentherm to spin off and combine its Performance Technologies segment, aiming to become a pure-play data center and commercial HVAC&R company.
Data Centers grew to 35% of fiscal 2026 sales and Modine signed a long-term capacity agreement with a strategic data center customer, receiving a $165 million upfront deposit and expecting to sell more than $4 billion of data center cooling products during calendar 2027–2029. Fiscal 2026 R&D spending was $29 million, and environmental remediation liabilities totaled $13 million. The company ended the year with about 13,200 employees, a recordable incident rate of 1.4, and outstanding debt of $436 million.