Nordson Corporation Net Income Jumps 41% to $133.4M in Q1 FY2026
Nordson Corporation (NASDAQ: NRDC), a precision dispensing equipment manufacturer, reported net income of $133.4 million for the quarter ending January 31, 2026, up 41% from $94.7 million in the same period last year.
Nordson Corporation (NASDAQ: NRDC), a precision dispensing equipment manufacturer, reported net income of $133.4 million for the quarter ending January 31, 2026, up 41% from $94.7 million in the same period last year. Revenue climbed 9% to $669.5 million from $615.4 million. Read more earnings reports.
Operating income rose 18% to $166.4 million from $140.9 million in the prior-year quarter. The company's gross profit margin expanded as cost of goods sold increased at a slower pace than revenue, rising 9% to $303.3 million from $279.5 million.
Diluted earnings per share reached $2.38, up 44% from $1.65 in the first quarter of fiscal 2025. The share count declined to 56.1 million diluted shares from 57.5 million a year earlier.
Segment Performance
The Industrial Precision Solutions segment generated $326.9 million in revenue, up 9% from $300.4 million. The Medical and Fluid Solutions segment posted $193.2 million in revenue, essentially flat compared to $193.6 million in the prior year. The Advanced Technology Solutions segment reported $149.4 million, up 23% from $121.4 million.
Cash Flow and Balance Sheet
Cash from operations declined 12% to $140.4 million from $159.1 million in the first quarter of fiscal 2025. The company used $17.7 million in investing activities and $112.2 million in financing activities during the quarter.
Total assets stood at $6.0 billion as of January 31, 2026, up slightly from $5.9 billion at the end of October 2025. Long-term debt increased to $1.9 billion from $1.7 billion at the prior quarter end. Stockholders' equity rose to $3.1 billion from $3.0 billion.
Cash and cash equivalents were $120.4 million as of January 31, 2026, up from $108.4 million three months earlier. Inventory edged higher to $451.1 million from $444.8 million.
Key Financials
| Metric | Q1 FY2026 | Q1 FY2025 | Change |
|---|---|---|---|
| Revenue | $669.5M | $615.4M | +9% |
| Operating Income | $166.4M | $140.9M | +18% |
| Net Income | $133.4M | $94.7M | +41% |
| Diluted EPS | $2.38 | $1.65 | +44% |
| Operating Cash Flow | $140.4M | $159.1M | -12% |
Selling, general and administrative expenses increased 2% to $199.7 million from $194.9 million. Income tax expense rose to $31.1 million from $22.2 million in the year-ago quarter.