Every 10-Q that Parker-Hannifin Corporation (PH) 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 PH 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 PH filings page.
Parker-Hannifin reported higher sales but slightly lower profit for the quarter ended March 31, 2026. Net sales rose to $5,486 million from $4,960 million, while diluted EPS eased to $7.06 from $7.37 as higher SG&A and business realignment costs offset operating gains.
For the first nine months, sales reached $15,744 million versus $14,607 million, with net income of $2,557 million versus $2,609 million. Both Diversified Industrial and Aerospace Systems segments grew, and total backlog was $12.5 billion, with about 67% expected as revenue within 12 months.
The company closed the $1.0 billion Curtis acquisition and agreed to acquire Filtration Group for about $9.25 billion in cash, supported by new delayed-draw credit facilities totaling $7.75 billion. Parker continued share repurchases and dividends while keeping its debt-to-debt-plus-equity ratio at 0.40 to 1.0, comfortably within covenant limits.
Parker-Hannifin delivered higher sales and margins but flat year-to-date earnings as it continued to invest and reshape its portfolio. For the quarter ended December 31, 2025, net sales rose to $5.17 billion from $4.74 billion, driven by growth in both Diversified Industrial and Aerospace Systems and helped by currency and the Curtis acquisition.
Quarterly net income declined to $845 million from $949 million, mainly because the prior year included large divestiture gains reported in other income. For the first six months, net income was essentially flat at $1.65 billion, while diluted EPS edged up to $12.89 from $12.60 on a smaller share count.
Both segments showed strong profitability, with Diversified Industrial operating margin above 23% year-to-date and Aerospace Systems above 25%. Backlog reached $11.7 billion, with about 70% expected to convert to revenue within 12 months. Parker closed the $1.0 billion Curtis acquisition and agreed to acquire Filtration Group for $9.25 billion in cash, supported by new $7.75 billion term loan commitments. Cash from operations remained robust at $1.64 billion in six months, funding higher dividends, $550 million of buybacks and increased inventory and receivables, while keeping the debt-to-debt-plus-equity ratio at 0.41.
Parker-Hannifin (PH) reported stronger Q1 FY2026 results. Net sales rose to $5,084 million from $4,904 million as Aerospace Systems grew while Diversified Industrial was roughly flat. Net income increased to $808 million from $698 million, and diluted EPS reached $6.29 versus $5.34. Gross margin improved to 37.5% from 36.8%, reflecting favorable mix and prior realignment benefits. Operating cash flow was $782 million, up from $744 million.
The company completed the acquisition of Curtis Instruments on September 18, 2025 for approximately $1.0 billion, adding $551 million of identifiable intangibles and $472 million of goodwill; Curtis contributed $11 million of net sales in the period. Backlog was $11.3 billion, with about 70% expected to convert within 12 months. PH repurchased 0.6 million shares for $475 million and paid a $1.80 per share dividend. Liquidity expanded with a multi-currency credit line increased to $3.75 billion and commercial paper outstanding of $2.8 billion. Aerospace sales were $1,641 million (up from $1,448 million) and Diversified Industrial sales were $3,443 million (vs. $3,456 million), with total segment operating income of $1,232 million (vs. $1,107 million).