Parker Hannifin Corp Reports Record Sales and Margin Expansion, Beats EPS Estimate

Parker Hannifin Corp reported record sales of $5.1 billion for Q1 FY26, a 5% organic sales growth, with net income rising 16% to $808 million and EPS at $6.29, beating the estimate of $5.68. The segment operating margin increased by 160 basis points to 24.2%, and cash flow from operations was $782 million. The company repurchased $475 million worth of shares, reflecting confidence in its financial health and future prospects.