The financials
A. O. Smith by the numbers
A. O. Smith (AOS) reported revenue of $946M in Q1 2026 (quarter ended March 31, 2026), down 1.9% from the same quarter a year earlier. That came with a gross margin of 39% and net income of $118M (12% of revenue). For the full year FY2025, revenue was $3.83B (+0.3% year on year) and net income $546M. Its largest product in 2026-Q2 was Water Heaters And Related Parts at $656M, 80% of the disclosed total, just ahead of Boilers Related Parts And Components at 12%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $946M | $964M | −1.9% |
| Gross profit | $366M | $375M | −2.6% |
| Operating income | $162M | $184M | −12% |
| Net income | $118M | $137M | −14% |
| Diluted EPS | $0.85 | $0.95 | −11% |
| Product | Revenue | Share |
|---|---|---|
| Water Heaters And Related Parts | $656M | 80% |
| Boilers Related Parts And Components | $102M | 12% |
| Water Treatment Products And Related Parts | $62M | 7.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $820.5M (+8.9%)
Boilers Related Parts And Components grew +43% year on yearWater Treatment Products And Related Parts -1.6% year on year
Segment Latestquarter on quarteryear on year
- Water Heaters And Related Parts$656.4M$656.4MQoQ +7.3%year on year +1.9%+7.3%+1.9%
- Boilers Related Parts And Components$101.7M$101.7MQoQ +25%year on year +43%+25%+43%
- Water Treatment Products And Related Parts$62.4M$62.4MQoQ +3.8%year on year -1.6%+3.8%-1.6%
- Boilers And Related Parts--QoQ -year on year ---
Specialty Industrial Machinery
Ranks #4 of 44 by Smart Score