Columbus McKinnon
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Columbus McKinnon (CMCO) investor relations material

Columbus McKinnon Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary9 Feb, 2026

Executive summary

  • Closed the transformative $2.7 billion Kito Crosby acquisition, doubling revenue base, expanding global reach, and announcing a new leadership team.

  • Delivered double-digit year-over-year growth in sales, orders, EPS, and backlog, with strong performance across all regions and business segments.

  • Net income rose 51% year-over-year to $6.0 million ($0.21 per diluted share); adjusted net income increased 11% to $18 million ($0.62 per share).

  • Integration activities underway, targeting $70 million in net run rate cost synergies over three years.

  • Pending divestiture of U.S. power chain hoist and chain operations expected to close by quarter-end, introducing near-term uncertainty.

Financial highlights

  • Net sales reached $258.7 million, up 10.5% year-over-year, driven by higher volume, pricing, and FX.

  • Adjusted EBITDA was $39.8 million (15.4% margin); adjusted EPS rose 11% to $0.62.

  • Gross profit increased 8.6% to $89.2 million; adjusted gross margin contracted 170 bps to 35.1%.

  • Free cash flow was $16.5 million, aided by higher earnings and favorable working capital.

  • Orders up 11% to $247 million; backlog up 15% to $342 million year-over-year.

Outlook and guidance

  • Withdrew standalone FY26 guidance due to the Kito Crosby acquisition and pending divestiture; updated FY27 guidance to be provided with Q4 FY26 results.

  • Q4 FY26 GAAP EPS expected to be diluted by transaction-related expenses, purchase accounting, integration costs, and higher interest expense.

  • U.S. demand expected to remain healthy, supported by lower rates, tax incentives, and onshoring trends, while EMEA demand remains choppy with slower order conversion.

  • Capital allocation will prioritize debt reduction, targeting net leverage below 4.0x by end of FY28.

Detail remaining levers for FY27 tariff neutrality.
Describe key levers for year 1 synergy capture.
Outlook for EMEA order conversion improvement?
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Frequently asked questions

Columbus McKinnon Corporation designs and manufactures motion control products and material handling systems. Its offerings include hoists, cranes, actuators, and control systems used in industrial, manufacturing, and commercial applications. The company serves end markets such as automotive, construction, energy, and logistics. The company is headquartered in Buffalo, New York, and its shares are listed on the NASDAQ.

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