The financials
Lincoln Electric Holdings, Inc. by the numbers
Lincoln Electric Holdings, Inc. (LECO) reported revenue of $1.12B in Q1 2026 (quarter ended March 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 36% and net income of $136M (12% of revenue). For the full year FY2025, revenue was $4.23B (+5.6% year on year) and net income $521M. Its largest segment in 2026-Q1 was Americas Welding at $706M, 63% of the disclosed total, just ahead of International Welding at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.12B | $1.00B | +12% |
| Gross profit | $399M | $365M | +9.2% |
| Operating income | $186M | $165M | +13% |
| Net income | $136M | $118M | +15% |
| Diluted EPS | $2.47 | $2.10 | +18% |
| Operating | Revenue | Share |
|---|---|---|
| Americas Welding | $706M | 63% |
| International Welding | $227M | 20% |
| Harris Products Group | $188M | 17% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.12B (+5.7%)
Harris Products Group grew +42% year on yearInternational Welding +3.6% year on year
Segment Latestquarter on quarteryear on year
- Americas Welding$706.2M$706.2MQoQ +2.1%year on year +8.1%+2.1%+8.1%
- International Welding$227.0M$227.0MQoQ +3.4%year on year +3.6%+3.4%+3.6%
- Harris Products Group$188.2M$188.2MQoQ +26%year on year +42%+26%+42%
Tools & Accessories
Ranks #5 of 8 by Smart Score