Standex lifts FY2027 sales outlook to high single digits

SXI expects fiscal 2027 organic sales to increase by more than $100 million, with fast growth market sales above $315 million.

Available on EDGAR 10/30/2026 - 04:28 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:28 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Standex International Corporation (SXI) reported fiscal first-quarter 2027 net sales of $232.6 million, up 7.0% year over year as reported and 12.4% organically. GAAP operating income was $40.4 million, up 36.4%, and net income from continuing operations was $24.2 million, up 53.1%. Adjusted diluted EPS, a non-GAAP measure, was $2.41, up 21.1%; adjusted operating margin was 20.2%, 110 basis points higher year over year. Electronics sales increased 27.1% to $140.5 million, while Engraving & Hydraulics sales declined 14.9% to $40.9 million.

For fiscal 2027, Standex raised its outlook to high-single-digit total sales growth, from mid-to-high single digits previously. It expects organic sales to increase by more than $100 million and higher sales and adjusted operating-margin expansion to drive high-teens growth in adjusted EPS. Standex expects sales from fast growth markets to exceed $315 million, up more than 20%, and is on track to release more than 20 new products, expected to contribute more than 300 basis points of incremental growth. The company also announced a new $100 million share repurchase authorization. Free cash flow was $9.1 million, compared with $10.4 million a year earlier.

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Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Fiscal 2027 outlook now targets high-single-digit total sales growth.
• Moderate pointNet sales increased 7.0% year over year to $232.6 million.
• Moderate pointContinuing-operations net income rose 53.1% to $24.2 million year over year.
• Moderate pointAdjusted diluted EPS increased 21.1% to $2.41 year over year.

Negative

• Moderate pointEngraving & Hydraulics revenue fell 14.9% year over year to $40.9 million.

Filing Explained

The 8-K’s first-quarter release also reports a completed cash outflow of $64,000 thousand for “purchase of/distribution to non-controlling interests”; cash was $178,734 thousand at June 30 and $116,840 thousand at September 30.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Net sales: $232.6 million GAAP operating income: $40.4 million GAAP net income from continuing operations: $24.2 million +5 more

8 metrics

Net sales $232.6 million Fiscal first quarter 2027; up 7.0% year over year as reported

GAAP operating income $40.4 million Fiscal first quarter 2027; up 36.4% year over year

GAAP net income from continuing operations $24.2 million Fiscal first quarter 2027; up 53.1% year over year

Adjusted diluted EPS $2.41 Fiscal first quarter 2027; up 21.1% year over year

Adjusted operating margin 20.2% Fiscal first quarter 2027; up 110 basis points year over year

Free cash flow $9.1 million Fiscal first quarter 2027; compared with $10.4 million a year earlier

Order intake Approximately $273 million Fiscal first quarter 2027; described as a record

Share repurchase authorization $100 million New authorization announced in fiscal first quarter 2027

Key Terms

book-to-bill ratio, Adjusted EBITDA, organic sales, net leverage

4 terms

book-to-bill ratio financial

"book-to-bill ratio of approximately 1.23"

The book-to-bill ratio compares the value of new orders a company receives to the value of products it ships out or bills for over a certain period. If the ratio is above 1, it means the company is getting more orders than it is completing, which can indicate growth. If it's below 1, it suggests demand is slowing down.

Adjusted EBITDA financial

"EBITDA and Adjusted EBITDA"

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.

organic sales financial

"organic sales to increase by more than $100 million"

Organic sales are the change in a company’s revenue that comes from its existing business operations, excluding effects of acquisitions, divestitures, and currency swings. Think of it like measuring how much a garden grows from the plants you already tended, rather than adding new pots; investors use organic sales to judge whether demand and core business performance are genuinely improving or if growth is driven by one‑time deals or accounting shifts.

net leverage financial

"we ended the quarter with net leverage of 2.0x"

Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.

Earnings Snapshot

Net sales: $232.6 million · Guidance included

Fiscal first quarter 2027 ended September 30, 2026

Net sales $232.6 million Up 7.0% year over year

GAAP operating income $40.4 million Up 36.4% year over year

GAAP net income from continuing operations $24.2 million Up 53.1% year over year

Adjusted diluted EPS $2.41 Up 21.1% year over year

Adjusted operating margin 20.2% Up 110 basis points year over year

Guidance

Fiscal 2027 outlook raised to high-single-digit total sales growth, from mid-to-high single digits previously; organic sales are expected to increase by more than $100 million, and higher sales and adjusted operating-margin expansion are expected to drive high-teens growth in adjusted EPS. Sales from fast growth markets are expected to grow greater than 20% year over year to greater than $315 million.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were SXI's fiscal Q1 2027 sales?

Standex reported net sales of $232.6 million for the quarter ended September 30, 2026, up 7.0% year over year as reported and 12.4% organically.

What is SXI's updated fiscal 2027 outlook?

Standex raised its outlook to high-single-digit total sales growth, from mid-to-high single digits previously. It expects organic sales to increase by more than $100 million and higher sales and adjusted operating-margin expansion to drive high-teens growth in adjusted EPS.

How did SXI's segments perform in the first quarter?

Electronics revenue increased 27.1% to $140.5 million, while Aerospace & Defense rose 5.1% to $31.4 million and Scientific rose 1.8% to $19.8 million. Engraving & Hydraulics revenue declined 14.9% to $40.9 million.

What are SXI's fiscal 2027 targets for fast growth markets and new products?

Standex expects sales from fast growth markets to grow greater than 20% year over year to greater than $315 million. It is on track to release more than 20 new products, expected to contribute more than 300 basis points of incremental growth.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0000310354 0000310354 2026-10-29 2026-10-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2026

STANDEX INTERNATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-7233	31-0596149
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

23 Keewaydin Drive, Salem, New Hampshire	03079
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (603) 893-9701

Not applicable

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, Par Value $1.50 Per Share	SXI	New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Standex International Corporation

SECTION 2 – FINANCIAL INFORMATION

ITEM 2.02 – RESULTS OF OPERATIONS AND FINANCIAL CONDITIONS

On October 29, 2026, the registrant issued a press release announcing earnings for the first quarter ended September 30, 2026. A copy of the release is furnished herewith as Exhibit 99 and is incorporated herein by reference. This Current Report on Form 8-K and the press release attached hereto are being furnished by Standex International Corporation pursuant to item 2.02 of Form 8-K.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits – The following exhibits are provided as part of the information furnished under Item 2.02 of this Current Report on Form 8-K.

Exhibit No.	Description
99	Press Release of Standex International Corporation dated October 29, 2026 regarding First Quarter Financial Results
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

STANDEX INTERNATIONAL CORPORATION

(Registrant)

/s/ R. Colby Slaughter

R. Colby Slaughter

Vice President and Chief Legal Officer

Date: October 30, 2026

Signing on behalf of the registrant

Exhibit 99

NEWS RELEASE

STANDEX INTERNATIONAL CORPORATION █ SALEM, NH 03079 █ TEL (603) 893-9701 █ WEB www.standex.com

STANDEX REPORTS FISCAL FIRST QUARTER 2027 FINANCIAL RESULTS

	●	Record Sales of $232.6 Million, Up 12.4% YOY Organically; Electronics Up 29.5% YOY Organically
	●	New Product Sales Grew 56% and Sales into Fast Growth Markets Grew 25%
	●	Record Order Intake of ~$273 Million; Book to Bill of 1.17
	●	Record GAAP and Adjusted Gross Margin of 44.4%, Up 240 bps YOY on Adj. Basis
	●	GAAP Operating Margin of 17.4%; Adjusted Operating Margin of 20.2%, Up 110 bps YOY
	●	Raising FY27 Outlook; Organic Sales to Increase >$100 Million and Adjusted Earnings per Share to Grow High Teens
	●	Announced New $100 Million Share Repurchase Authorization Supported by Strong Balance Sheet and Liquidity Position

SALEM, NH – October 29, 2026 – Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter of fiscal year 2027 ended September 30, 2026.

Summary Financial Results - Total
($M except EPS and Dividends)		1Q27				1Q26				4Q26				Y/Y				Q/Q
Net Sales		$	232.6			$	217.4			$	228.3				7.0	%			1.9	%
Operating Income – GAAP		$	40.4			$	29.6			$	37.5				36.4	%			7.6	%
Operating Income – Adjusted		$	47.0			$	41.6			$	45.4				13.1	%			3.6	%
Operating Margin % - GAAP			17.4	%			13.6	%			16.5	%		380 bps				90 bps
Operating Margin % - Adjusted			20.2	%			19.1	%			19.9	%		110 bps				30 bps
Net Income from Continuing Ops – GAAP		$	24.2			$	15.8			$	23.6				53.1	%			2.6	%
Net Income from Continuing Ops – Adjusted		$	29.3			$	24.0			$	29.7				21.8	%			-1.6	%
EBITDA		$	48.9			$	39.7			$	48.1				23.2	%			1.8	%
EBITDA margin			21.0	%			18.3	%			21.1	%		270 bps				- 10 bps
Adjusted EBITDA		$	51.2			$	47.1			$	51.5				8.7	%			-0.6	%
Adjusted EBITDA margin			22.0	%			21.7	%			22.6	%		30 bps				- 60 bps
Diluted EPS – GAAP		$	1.99			$	1.25			$	1.69				59.6	%			17.8	%
Diluted EPS – Adjusted		$	2.41			$	1.99			$	2.45				21.1	%			-1.6	%
Dividends per Share		$	0.34			$	0.32			$	0.34				6.3	%			0.0	%
Free Cash Flow		$	9.1			$	10.4			$	35.0				-12.3	%			-74.1	%
Net Debt to EBITDA		2.0x				2.4x				1.8x					-16.7	%			11.1	%

Commenting on the quarter’s results, President and Chief Executive Officer David Dunbar said, “We are off to a strong start to fiscal 2027. Our strategy with multiple independent growth drivers is accelerating growth and expanding margins. We delivered record sales of $232.6 million, driven by 12.4% organic growth. Strong end market demand driven by electrification, data center and defense needs, new products from our ongoing growth investments, and a recovery in general industrial market contributed to this growth. Our Electronics segment led the way with approximately 30% organic growth and a book-to-bill of 1.23. Sales from fast growth markets were approximately $78 million this quarter, and we are now on track to exceed $315 million in fiscal year 2027. Adjusted operating margin rose 110 basis points year over year to 20.2% with margin expansion across each of our segments. We ended the quarter with net leverage of 2.0x, providing flexibility to continue investing for future growth.

1

Considering first quarter results and our expanding backlog, we are raising our fiscal year 2027 outlook based on multiple growth engines.”

Fiscal Second Quarter 2027 Outlook

In fiscal second quarter 2027, on a year-on-year basis, the Company expects moderately higher revenue and adjusted operating margin.

On a sequential basis, the Company expects slightly higher revenue and similar adjusted operating margin.

Fiscal Year 2027 Outlook

For fiscal year 2027, the Company is raising its outlook to high-single digits total sales growth, from mid-to-high single digits previously. The Company now anticipates organic sales to increase by more than $100 million in fiscal year 2027. The Company expects higher sales and adjusted operating margin expansion to drive high teens growth in adjusted earnings per share.

The Company is on track to release more than 20 new products, which are expected to contribute more than 300 bps of incremental growth. Sales from fast growth markets are now expected to grow greater than 20% year-on-year to greater than $315 million.

First Quarter Segment Operating Performance

Electronics (60% of sales; 69% of segment adjusted operating income)

		1Q27				1Q26				% Change
Electronics ($M)
Revenue			140.5				110.6				27.1	%
GAAP Operating Income			37.9				28.3				33.9	%
GAAP Operating Margin %			27.0				25.6
Adjusted Operating Income			41.3				31.9				29.6	%
Adjusted Operating Margin %			29.4				28.8

Revenue increased approximately $29.9 million or 27.1% year-on-year, reflecting organic growth of 29.5%, partially offset by a foreign currency impact of 2.4%. Organic growth was driven by sales into fast growth markets, strong general industrial markets, and increased new product sales. Adjusted operating income increased approximately $9.4 million or 29.6% year-on-year due to higher volume and pricing initiatives, partially offset by growth investments and higher variable compensation expenses.

The segment had a book-to-bill ratio of approximately 1.23 in the fiscal first quarter, with record orders of approximately $173 million.

In fiscal second quarter 2027, on a sequential basis, the Company expects slightly higher revenue and similar adjusted operating margin. On a year-on-year basis, the Company expects significantly higher revenue and slightly higher adjusted operating margin.

2

Aerospace & Defense (14% of sales; 10% of segment adjusted operating income)

		1Q27				1Q26				% Change
Aerospace & Defense ($M)
Revenue			31.4				29.9				5.1	%
GAAP Operating Income			5.8				3.6				61.6	%
GAAP Operating Margin %			18.6				12.1
Adjusted Operating Income			6.3				5.0				24.6	%
Adjusted Operating Margin %		19.9					16.8

Revenue increased approximately $1.5 million or 5.1% year-on-year reflecting organic growth from project activity in the space and defense end markets, partially offset by project timing. Adjusted operating income increased approximately $1.2 million or 24.6% year-on-year reflecting higher volume and project mix.

In fiscal second quarter 2027, on a sequential basis, the Company expects significantly higher revenue and slightly higher adjusted operating margin.

Scientific (9% of sales; 10% of segment adjusted operating income)

		1Q27				1Q26				% Change
Scientific ($M)
Revenue		19.8				19.5					1.8	%
GAAP Operating Income			5.6				4.7				19.9	%
GAAP Operating Margin %			28.3				24.1
Adjusted Operating Income			5.8				4.9				18.7	%
Adjusted Operating Margin %			29.5				25.3

Revenue increased approximately $0.3 million or 1.8% year-on-year reflecting organic growth from pricing initiatives and a slight market recovery. Adjusted operating income increased approximately $0.9 million or 18.7% year-on-year.

In fiscal second quarter 2027, on a sequential basis, the Company expects similar to slightly higher revenue and similar adjusted operating margin.

Engraving & Hydraulics (18% of sales; 11% of segment adjusted operating income)

		1Q27				1Q26				% Change
Engraving & Hydraulics ($M)
Revenue			40.9				48.0				-14.9	%
GAAP Operating Income			6.4				7.4				-12.5	%
GAAP Operating Margin %			15.8				15.3
Adjusted Operating Income			6.7				7.7				-12.8	%
Adjusted Operating Margin %			16.4				16.0

3

Revenue decreased approximately $7.2 million or 14.9% year-on-year reflecting an organic decline of 15.7% from softness in the North American automotive market, partially offset by a foreign currency benefit of 0.7%. Adjusted operating income decreased approximately $1.0 million or 12.8% year-on-year.

In fiscal second quarter 2027, on a sequential basis, the Company expects slightly lower revenue and adjusted operating margin.

Capital Allocation

● Interest: In fiscal second quarter 2027, the Company expects interest expense between $7.0 million and $7.5 million.

● Share Repurchase: The Company did not repurchase shares under its share repurchase program during the fiscal first quarter of 2027. On October 27, 2026, the Company’s Board of Directors authorized the repurchase of up to $100 million of the Company’s common stock, replacing and superseding the approximately $23.5 million that remained available under the prior authorization.

● Capital Expenditures: In fiscal first quarter 2027, the Company’s capital expenditures were $6.6 million compared to $6.4 million in the fiscal first quarter of 2026. The Company expects fiscal year 2027 capital expenditures between $45 million and $55 million. The increase over fiscal year 2026 is primarily due to capacity expansion within Standex Electronics Grid. Capital expenditures were $25.2 million in fiscal year 2026.

● Dividend: On October 22, 2026, the Company declared a quarterly cash dividend of $0.36 per share, an approximately 5.9% year-on-year increase. The dividend is payable November 20, 2026, to shareholders of record on November 6, 2026.

Balance Sheet and Cash Flow Highlights

● Net Debt: Standex had net (cash) debt of $401.2 million on September 30, 2026, compared to $446.0 million at the end of fiscal first quarter 2026. Net (cash) debt for the first quarter of 2027 consisted primarily of long-term debt of $518.1 million and cash and equivalents of $116.8 million.

● Cash Flow: Net cash provided by continuing operating activities for the three months ended September 30, 2026, was $15.7 million compared to $16.8 million in the prior year’s quarter. Free cash flow after capital expenditures was $9.1 million compared to free cash flow after capital expenditures of $10.4 million in the fiscal first quarter of 2026. 

Conference Call Details

Standex will host a conference call for investors tomorrow, October 30, 2026, at 8:30 a.m. ET. On the call, David Dunbar, President and CEO, and Ademir Sarcevic, CFO, will review the Company’s financial results and business and operating highlights. Investors interested in listening to the webcast and viewing the slide presentation should log on to the “Investors” section of Standex’s website under the subheading, “Events and Presentations,” located at www.standex.com.

A replay of the webcast will also be available on the Company’s website shortly after the conclusion of the presentation online through October 30, 2027. To listen to the teleconference playback, please dial in the U.S. (888) 660-6345 or (646) 517-4150 internationally; the passcode is 25368#. The audio playback via phone will be available through November 6, 2026. The webcast replay can be accessed in the “Investor Relations” section of the Company’s website, located at www.standex.com.

4

Use of Non-GAAP Financial Measures

In addition to the financial measures prepared in accordance with generally accepted accounting principles (“GAAP”), the Company uses certain non-GAAP financial measures, including non-GAAP adjusted income from operations, non-GAAP adjusted net income from continuing operations, free operating cash flow, EBITDA (earnings before interest, taxes, depreciation and amortization) adjusted EBITDA, adjusted EBITDA to net debt, and adjusted earnings per share. The attached financial tables reconcile non-GAAP measures used in this press release to the most directly comparable GAAP measures. The Company believes that the use of non-GAAP measures which exclude the impact of restructuring charges, purchase accounting, amortization from acquired intangible assets, insurance recoveries, discrete tax events, gain or loss on sale of a business unit, acquisition costs, and litigation costs help investors to obtain a better understanding of our operating results and prospects, consistent with how management measures and forecasts the Company's performance, especially when comparing such results to previous periods. An understanding of the impact in a particular quarter of specific restructuring costs, acquisition expenses, or other gains and losses, on net income (absolute as well as on a per-share basis), operating income or EBITDA can give management and investors additional insight into core financial performance, especially when compared to quarters in which such items had a greater or lesser effect, or no effect. Non-GAAP measures should be considered in addition to, and not as a replacement for, the corresponding GAAP measures, and may not be comparable to similarly titled measures reported by other companies.

About Standex

Standex International Corporation is a multi-industry manufacturer in four broad business segments: Electronics, Aerospace & Defense, Scientific, and Engraving & Hydraulics with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India, and China. For additional information, visit the Company's website at https://standex.com/.

Forward-Looking Statements

Statements contained in this Press Release that are not based on historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as “should,” “could,” “may,” “will,” “expect,” “believe,” “estimate,” “anticipate,” “intend,” “continue,” or similar terms or variations of those terms or the negative of those terms. There are many factors that affect the Company’s business and the results of its operations and that may cause the actual results of operations in future periods to differ materially from those currently expected or anticipated. These factors include, but are not limited to: the impact of global crises or catastrophic events on employees, our supply chain, and the demand for our products and services around the world; materially adverse or unanticipated legal judgments, fines, penalties or settlements; conditions in the financial and banking markets, including fluctuations in exchange rates and the inability to repatriate foreign cash; domestic and international economic conditions, including the impact, length and degree of economic downturns on the customers and markets we serve and more specifically conditions in the electrical grid, automotive, construction, aerospace, defense, transportation, food service equipment, consumer appliance, energy, oil and gas and general industrial markets; lower-cost competition; the relative mix of products which impact margins and operating efficiencies in certain of our businesses; the impact of higher raw material and component costs, particularly steel, certain materials used in electronics parts, petroleum based products, and refrigeration components; the impact of higher transportation and logistics costs, especially with respect to transportation of goods from Asia; the impact of inflation on the costs of providing our products and services; an inability to realize the expected cost savings from restructuring activities including effective completion of plant consolidations, cost reduction efforts including procurement savings and productivity enhancements, capital management improvements, strategic capital expenditures, and the implementation of lean enterprise manufacturing techniques; the potential for losses associated with the exit from or divestiture of businesses that are no longer strategic or no longer meet our growth and return expectations; the inability to achieve the savings expected from global sourcing of raw materials and diversification efforts in emerging markets; the impact on cost structure and on economic conditions as a result of actual and threatened increases in trade tariffs; the inability to attain expected benefits from acquisitions and the inability to effectively consummate and integrate such acquisitions and achieve synergies envisioned by the Company; increased costs from acquisitions to improve and coordinate managerial, operational, financial, and administrative systems, including internal controls over financial reporting and compliance with the Sarbanes-Oxley Act of 2002, and other costs related to such systems in connection with acquired businesses; market acceptance of our products; our ability to design, introduce and sell new products and related product components; the ability to redesign certain of our products to continue meeting evolving regulatory requirements; the impact of delays initiated by our customers; our ability to increase manufacturing production to meet demand including as a result of labor shortages; the impact on our operations of any successful cybersecurity attacks; and potential changes to future pension funding requirements. For a more comprehensive discussion of these and other factors, see the “Risk Factors” section of the Company’s most recent annual report on Form 10-K filed with the SEC and available on the Company’s website. In addition, any forward-looking statements represent management's estimates only as of the day made and should not be relied upon as representing management's estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the future, the Company and management specifically disclaim any obligation to do so, even if management's estimates change.

Contact:

Christopher Howe

Director of Investor Relations                           

(773) 754-5394

e-mail: InvestorRelations@Standex.com

5

Standex International Corporation

Consolidated Statement of Operations

(unaudited)

		Three Months Ended
		September 30,
(In thousands, except per share data)		2026				2025
Net sales		$	232,575				217,431
Cost of sales			129,375				126,998
Gross profit			103,200				90,433
Selling, general and administrative expenses			56,176				49,832
(Gain) Loss on sale of business			900				-
Restructuring costs			1,029				5,997
Amortization of acquired intangible assets			4,302				4,537
Acquisition related costs			375				433
Income from operations			40,418				29,634
Interest expense			7,224				8,912
Other non-operating (income) expense, net			1,036				(265	)
Total			8,260				8,647
Income from continuing operations before income taxes			32,158				20,987
Provision for income taxes			7,931				5,165
Net income from continuing operations			24,227				15,822
Income (loss) from discontinued operations, net of tax			(61	)			(27	)
Net income			24,166				15,795
Less: net income attributable to redeemable noncontrolling interest			-				739
Net income attributable to Standex International		$	24,166			$	15,056
Basic earnings per share:
Income (loss) from discontinued operations			(0.01	)			-
Total income (loss) attributable to Standex International		$	2.00			$	1.26
Diluted earnings per share:
Income (loss) from discontinued operations			(0.01	)			-
Total income (loss) attributable to Standex International		$	1.98			$	1.25
Average Shares Outstanding
Basic			12,069				12,013
Diluted			12,146				12,047

6

Standex International Corporation

Condensed Consolidated Balance Sheets

(unaudited)

		September 30,				June 30,
(In thousands)		2026				2026
ASSETS
Current assets:
Cash and cash equivalents		$	116,840				178,734
Accounts receivable, net			168,595				172,896
Inventories			142,692				128,960
Prepaid expenses and other current assets			85,149				71,165
Total current assets			513,276				551,755
Property, plant, equipment, net			153,727				153,024
Intangible assets, net			194,625				199,479
Goodwill			580,782				581,553
Deferred tax asset			4,263				4,409
Operating lease right-of-use asset			42,900				45,400
Other non-current assets			50,155				50,088
Total non-current assets			1,026,452				1,033,953
Total assets		$	1,539,728			$	1,585,708
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable		$	79,410				80,098
Accrued liabilities			65,165				131,999
Income taxes payable			16,261				17,419
Total current liabilities			160,836				229,516
Long-term debt			518,058				517,950
Operating lease long-term liabilities			32,769				35,814
Accrued pension and other non-current liabilities			50,292				47,214
Total non-current liabilities			601,119				600,978
Redeemable non-controlling interest			-				-
Stockholders' equity:
Common stock			41,976				41,976
Additional paid-in capital			130,818				127,621
Retained earnings			1,235,413				1,215,329
Accumulated other comprehensive loss			(196,691	)			(199,061	)
Treasury shares			(433,743	)			(430,651	)
Total stockholders' equity			777,773				755,214
Total liabilities, redeemable noncontrolling interest and stockholders' equity		$	1,539,728			$	1,585,708

7

Standex International Corporation and Subsidiaries

Statements of Consolidated Cash Flows

(unaudited)

		Three Months Ended
		September 30,
(In thousands)		2026				2025
Cash Flows from Operating Activities
Net income		$	24,166				15,795
Income (loss) from discontinued operations			(61	)			(27	)
Income from continuing operations			24,227				15,822
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			9,548				9,817
Stock-based compensation			3,534				1,774
Non-cash portion of restructuring charge			-				149
(Gain) Loss on sale of business			900				-
Contributions to defined benefit plans			(159	)			(1,285	)
Net changes in operating assets and liabilities			(22,380	)			(9,469	)
Net cash provided by operating activities - continuing operations			15,670				16,808
Net cash provided by (used in) operating activities - discontinued operations			(79	)			18
Net cash provided by (used in) operating activities			15,591				16,826
Cash Flows from Investing Activities
Capital Expenditures			(6,563	)			(6,420	)
Other investing activities			-				59
Net cash provided by (used in) investing activities			(6,563	)			(6,361	)
Cash Flows from Financing Activities
Proceeds from borrowings			8,000				-
Payments of debt			(8,000	)			(8,000	)
Purchase of/distribution to non-controlling interests			(64,000	)			(725	)
Cash dividend paid			(4,029	)			(3,836	)
Purchase of treasury stock and other			(4,285	)			(4,072	)
Activity under share-based payment plans			856				1,140
Net cash provided by (used in) financing activities			(71,458	)			(15,493	)
Effect of exchange rate changes on cash			536				(861	)
Net changes in cash and cash equivalents			(61,894	)			(5,889	)
Cash and cash equivalents at beginning of year			178,734				104,542
Cash and cash equivalents at end of period		$	116,840			$	98,653

8

Standex International Corporation

Selected Segment Data

(unaudited)

		Three Months Ended
		September 30,
(In thousands)		2026				2025
Net Sales
Electronics		$	140,501			$	110,553
Aerospace & Defense			31,428				29,894
Scientific			19,794				19,450
Engraving & Hydraulics			40,852				48,012
Other			-				9,522
Total		$	232,575			$	217,431
Income from operations
Electronics		$	37,866			$	28,283
Aerospace & Defense			5,844				3,617
Scientific			5,607				4,678
Engraving & Hydraulics			6,435				7,351
Other			-				2,075
Restructuring			(1,029	)			(5,997	)
Gain (Loss) on sale of business			(900	)			-
Acquisition related costs			(375	)			(433	)
Corporate			(13,030	)			(9,940	)
Total		$	40,418			$	29,634

9

Standex International Corporation

Reconciliation of GAAP to Non-GAAP Financial Measures

(unaudited)

		Three Months Ended
		September 30,
(In thousands, except percentages)		2026				2025				% Change
Adjusted income from operations and adjusted net income from continuing operations:
Net Sales		$	232,575			$	217,431				7.0	%
Income from operations, as reported		$	40,418			$	29,634				36.4	%
Income from operations margin			17.4	%			13.6	%
Adjustments:
Restructuring charges			1,029				5,997
Acquisition-related costs			375				433
Amortization of acquired intangible assets			4,302				4,537
(Gain) Loss on sale of business			900				-
Purchase accounting expenses			-				993
Adjusted income from operations		$	47,024			$	41,594				13.1	%
Adjusted income from operations margin			20.2	%			19.1	%
Interest and other income (expense), net			(8,260	)			(8,647	)
Provision for income taxes			(7,931	)			(5,165	)
Discrete and other tax items			-				-
Tax impact of above adjustments			(1,565	)			(3,005	)
Net income from continuing operations, as adjusted			29,268				24,777
Less: net income attributable to redeemable noncontrolling interest			-				739
Net income from continuing operations attributable to Standex, as adjusted		$	29,268			$	24,038				21.8	%
EBITDA and Adjusted EBITDA:
Net income (loss) from continuing operations, as reported		$	24,227			$	15,822				53.1	%
Net income from continuing operations margin			10.4	%			7.3	%
Add back:
Provision for income taxes			7,931				5,165
Interest expense			7,224				8,912
Depreciation and amortization			9,548				9,817
EBITDA		$	48,930			$	39,716				23.2	%
EBITDA Margin			21.0	%			18.3	%
Adjustments:
Restructuring charges			1,029				5,997
Acquisition-related costs			375				433
(Gain) loss on sale of business			900				-
Purchase accounting expenses			-				993
Adjusted EBITDA		$	51,234			$	47,139				8.7	%
Adjusted EBITDA Margin			22.0	%			21.7	%
Free operating cash flow:
Net cash provided by operating activities - continuing operations, as reported		$	15,670			$	16,808
Less: Capital expenditures			(6,563	)			(6,420	)
Free cash flow from continuing operations		$	9,107			$	10,388

10

Standex International Corporation

Reconciliation of GAAP to Non-GAAP Financial Measures

(unaudited)

		Three Months Ended
		September 30,
Adjusted earnings per share from continuing operations		2026				2025				% Change
Diluted earnings per share from continuing operations attributable to Standex, as reported		$	1.99			$	1.25				59.6	%
Adjustments:
Restructuring charges			0.06				0.37
Acquisition-related costs			0.02				0.02
Amortization of acquired intangible assets			0.27				0.29
(Gain) Loss on sale of business			0.06				-
Purchase accounting expenses			-				0.06
Diluted earnings per share from continuing operations attributable to Standex, as adjusted		$	2.41			$	1.99				21.1	%

11

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99 EXHIBIT 99 522.6 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.3 KB