The financials
Lennox International by the numbers
Lennox International (LII) reported revenue of $1.14B in Q1 2026 (quarter ended March 31, 2026), up 5.8% from the same quarter a year earlier. That came with a gross margin of 31% and net income of $117M (10% of revenue). For the full year FY2025, revenue was $5.20B (−2.7% year on year) and net income $806M. Its largest segment in 2026-Q1 was Residential Heating And Cooling at $650M, 57% of the disclosed total, just ahead of Commercial Heating And Cooling at 43%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.14B | $1.07B | +5.8% |
| Gross profit | $351M | $341M | +3.1% |
| Operating income | $164M | $168M | −2.7% |
| Net income | $117M | $130M | −9.6% |
| Diluted EPS | $3.35 | $3.63 | −7.7% |
| Operating | Revenue | Share |
|---|---|---|
| Residential Heating And Cooling | $650M | 57% |
| Commercial Heating And Cooling | $485M | 43% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.14B (-20%)
Commercial Heating And Cooling grew +38% year on yearResidential Heating And Cooling -9.9% year on year
Segment Latestquarter on quarteryear on year
- Residential Heating And Cooling$650.0M$650.0MQoQ -29%year on year -9.9%-29%-9.9%
- Commercial Heating And Cooling$485.1M$485.1MQoQ -5.6%year on year +38%-5.6%+38%
- Corporate And Other--QoQ -year on year ---
Building Products & Equipment
Ranks #3 of 18 by Smart Score