Parker-Hannifin Corporation earnings overview

PH FY2026 Q3 · Calendar Q2 2026

Parker-Hannifin Corporation

Parker-Hannifin's interconnected motion-control, filtration, and aerospace platform delivered a third consecutive record quarter, with adjusted EPS exceeding $8 for the first time ($8.17 vs $7.84 consensus). Revenue of $5.49B beat estimates of $5.40B. Record backlog of $12.5B and a second consecutive guidance raise underscore management's confidence in sustained organic growth. The pending Filtration Group acquisition would expand the company's filtration franchise. Despite these strong results, shares fell 4% on the report (abnormal move of -5% vs SPY) and drifted an additional 7% lower, suggesting investors are weighing tariff risk, margin sustainability above 40%, and integration execution against the operational beat.