Columbus McKinnon reported fiscal 2026 second‑quarter results, showing net sales of $261.0 million, up 7.7% year‑over‑year from $242.3 million in Q2 FY25. The increase was driven by higher volume, price improvements, and favorable currency translation.
Gross profit rose to $90.2 million, giving a gross margin of 34.5%. Operating income reached $12.2 million, a 4.7% operating margin, while net income was $4.6 million, a 1.8% net income margin. Adjusted earnings per share were $0.62, and adjusted EBITDA was $37.4 million, a 14.3% margin.
The company raised its fiscal‑year sales outlook to low‑to‑mid single‑digit growth and reaffirmed its adjusted EPS guidance as flat to slightly up, excluding the pending Kito Crosby acquisition. Management noted that the acquisition, valued at approximately $2.7 billion, is expected to close by the end of FY26 and will add about $2.1 billion in annual revenue.
Management highlighted tariff mitigation efforts, projecting cost neutrality by the end of FY26 through price increases, surcharges, and supply‑chain adjustments. The company also reiterated its capital‑allocation plan to pay down debt and maintain dividend payments.
Segment performance showed growth across all platforms, with particular strength in lifting and linear motion. The company noted a recovery in short‑cycle demand in the U.S. and a weaker macroeconomic landscape in EMEA affecting order conversion rates. Adjusted operating margin decreased by 140 basis points sequentially, and adjusted EBITDA margin fell by 190 basis points, reflecting margin pressure from higher raw‑material costs.
Management emphasized continued operational improvements and integration readiness for the Kito Crosby deal, underscoring the company’s focus on intelligent motion solutions and strategic growth.
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