The financials
Applied Industrial Technologies, Inc. by the numbers
Applied Industrial Technologies, Inc. (AIT) reported revenue of $1.25B in Q3 2026 (quarter ended March 31, 2026), up 7.3% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $100M (8.0% of revenue). For the full year FY2025, revenue was $4.56B (+1.9% year on year) and net income $393M. Its largest region in 2026-Q1 was United States at $682M, 85% of the disclosed total, just ahead of Canada at 8.8%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.25B | $1.17B | +7.3% |
| Gross profit | $381M | $355M | +7.2% |
| Operating income | $138M | $129M | +6.6% |
| Net income | $100M | $100M | −0.0% |
| Diluted EPS | $2.65 | $2.57 | +3.1% |
| Geographic | Revenue | Share |
|---|---|---|
| United States | $682M | 85% |
| Canada | $71M | 8.8% |
| Other Countries | $52M | 6.4% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $804.9M (+7.7%)
Other Countries grew +11% year on yearCanada -1.1% year on year
Segment Latestquarter on quarteryear on year
- United States$682.5M$682.5MQoQ +9.2%year on year +6.1%+9.2%+6.1%
- Canada$70.8M$70.8MQoQ -5.0%year on year -1.1%-5.0%-1.1%
- Other Countries$51.7M$51.7MQoQ +8.5%year on year +11%+8.5%+11%
Industrial Distribution
Ranks #8 of 17 by Smart Score