Parker Hannifin Corp Reports Record Q1 Sales, Raises Guidance Amid Strong Aerospace Segment Performance

Parker Hannifin Corp reported record Q1 sales of $5.1 billion, with organic growth of 5% and a 170 basis point margin expansion. Adjusted earnings per share increased by 16% to $7.22, and cash flow from operations was $782 million. The aerospace segment reported a record 13% sales increase, with a 210 basis point improvement in operating margins. The company raised its fiscal year 2026 guidance, reflecting confidence in continued growth and performance.