NYSE$EMR

Emerson Electric Co · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Emerson reported fiscal Q1 2026 net sales of $4.35B with net income of $605M and adjusted EPS of $1.46.

First-quarter net sales increased 4% to $4.35 billion; underlying sales rose 2% on 3% price. GAAP diluted EPS was $1.07 (+5% YoY); adjusted diluted EPS was $1.46 (+6%). Software & Systems sales grew 5%; Intelligent Devices grew 4%.

  • Q1 net sales $4.35B (+4% YoY).
  • Adjusted EPS $1.46; gross margin 53.2%.
  • Backlog ~$9.2B; ~75% recognized within 12 months.
  • FY26 adjusted EPS guide $6.40–$6.55.

Headline financials

Total Revenue

$4.35B

Previous: $4.17B+4.1%
EPS (adj)

$1.46

Previous: $1.38+5.8%
Adjusted Segment EBITA

$1.2B

Previous: $1.17B+2.9%
Operating Cash Flow

$699M

Previous: $777M-10.0%
Underlying Orders Growth

9.0%

No prior period
Underlying Sales Growth

2.0%

No prior period
Pretax Earnings Margin

17.8%

Previous: 18.6%-4.3%
Adjusted Segment EBITA Margin

27.7%

Previous: 28.0%-1.1%
Capital Expenditures

-$97M

Previous: -$83M-16.9%
Free Cash Flow

$508M

No prior period
Net Income

$605M

Previous: $593M+2.0%
Operating Income

-$3.29B

Previous: $775M-524.1%
Gross Profit

$2.31B

Previous: $2.24B+3.4%
Total Assets

$41.9B

No prior period

Revenue & EPS history

Emerson · Revenue · Quarterly

$4.35B

Q1 2026+4.1%vs Q1 2025
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Emerson · $3.15B total across 1 segment · Q4 2023

  • Intelligent Devices
    $3.15B

Forward guidance

FY26 adjusted EPS guide $6.40–$6.55; software renewals and automation demand support outlook.

Tailwinds

  • Software & Systems growth.
  • Price/cost productivity.
  • Large installed base.

Headwinds

  • Tariff impacts on margins.
  • Timing of software renewals.
  • Industrial cyclicality.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.3%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+1.5%

Avg return

30 days after

40%

29 / 73 earnings

Positive

+15.5%

Q4 2024

Best reaction

-7.6%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+6.8%+4.3%+2.5%
Q1 2026-1.0%+5.2%-9.0%
Q4 2025-3.9%+2.1%+3.8%
Q3 2025-0.8%-0.7%-1.0%
Q2 2025+2.4%+11.3%+15.1%
Q1 2025-2.3%-0.7%-7.1%
Q4 2024+15.5%+15.9%+21.3%
Q3 2024-2.9%-4.4%-8.9%
Q2 2024+7.6%+6.9%+0.5%
Q1 2024+8.6%+10.6%+16.9%
Q4 2023-7.6%-5.7%-3.3%
Q3 2023+4.6%+6.1%+8.0%
Q2 2023+0.6%+1.9%+0.7%
Q1 2023-6.6%-4.7%-9.9%
Q4 2022-1.8%+2.8%+2.3%
Q3 2022-2.8%-0.9%-7.1%
Q2 2022-1.4%-6.7%-0.2%
Q1 2022+4.4%+3.5%-1.0%
Q4 2021-3.0%-2.4%-9.9%
Q3 2021-0.1%+0.0%+4.2%
Q2 2021+2.9%+4.7%+7.8%
Q1 2021+3.5%+6.5%+9.5%
Q4 2020+0.3%+3.2%+11.1%
Q3 2020+3.1%+5.7%+9.5%
Q2 2020+2.3%+5.7%+10.5%
Q1 2020+4.7%+1.6%-10.8%
Q4 2019+0.5%+0.9%+1.0%
Q3 2019+0.2%+0.1%+4.0%
Q2 2019-5.5%-4.6%-10.7%
Q1 2019-0.9%-1.3%-0.5%
Q4 2018-0.7%-2.6%-9.3%
Q3 2018+3.4%+3.1%+6.4%
Q2 2018+1.8%+3.0%+6.7%
Q1 2018+0.8%+0.9%+2.6%
Q4 2017-3.1%-4.5%+2.0%
Q3 2017+2.3%+2.6%-1.0%
Q2 2017-1.8%-2.4%-1.9%
Q1 2017+4.3%+5.7%-1.0%
Q4 2016-1.3%-2.5%+12.0%
Q3 2016-5.1%-3.8%-5.8%
Q2 2016-4.4%
Q1 2016+1.3%
Q4 2015+2.8%
Q3 2015-2.8%
Q2 2015-2.1%
Q1 2015-2.8%
Q4 2014-0.2%
Q3 2014-3.3%
Q2 2014-0.6%
Q1 2014-0.8%
Q4 2013+0.1%
Q3 2013-1.1%
Q2 2013-0.2%
Q1 2013-0.1%
Q4 2012-0.4%
Q3 2012+2.1%
Q2 2012-5.8%
Q1 2012-2.5%
Q4 2011-3.8%
Q3 2011-6.3%
Q2 2011-3.3%
Q1 2011-0.2%
Q4 2010+1.0%
Q3 2010-0.6%
Q2 2010-3.5%
Q1 2009-3.2%
Q1 2010+0.0%
Q4 2009+1.4%
Q2 2009+1.4%
Q3 2009-3.8%
Q3 2008-3.8%
Q4 2007-3.8%
Q4 2008-3.8%

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