Park-Ohio Q2 FY26 GAAP EPS rises 30% to $0.87; net sales increase 10% to $440 million

Reuters2026/08/05 20:46

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Park-Ohio posted Q2 2026 net sales of $440 million, up 10% year over year; GAAP EPS rose 30% to $0.87.
Gross margin widened 0.9 percentage point to 17.9%, the highest quarterly level since 2013; operating cash flow swung to $9 million from a $14 million use.
Engineered Products net sales climbed 10% to $129.4 million; backlog reached $252 million, up 23% from Dec. 31, 2025.
FY 2026 outlook raised: net sales seen at $1.7 billion-$1.73 billion; adjusted EPS forecast at $3.1-$3.3 per diluted share.
Strategic alternatives review for the Southwest Steel Processing business remains ongoing; management cited record revenues on strong demand across most end markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Park-Ohio Holdings Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805292835) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Park-Ohio Q2 FY26 GAAP EPS rises 30% to $0.87; net sales increase 10% to $440 million

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