Security
Applied Industrial Technologies, Inc. · AIT
AITNYSECommon stockCurrentCIK 109563Updated Oct 28, 2026
Name history
BEARINGS INC /OH/ · through Feb 11, 1997
AIT price & chart
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NYSE:AIT on TradingView ↗About the company
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
In the news
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Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.07, 9.01
ARS filing
Financials
FY 2026 · USDSource
Source
Source
Source
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balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,988,711,000Source | 3,115,663,000Source | 2,854,943,000Source | 3,159,322,000Source | 3,044,641,000Source | 2,782,765,000Source | 3,185,474,000Source | 3,003,211,000Source | 3,009,973,000Source | 3,175,544,000Source | 2,951,910,000Source | 2,743,332,000Source |
| Property, Plant and Equipment, NetUSD | 128,037,000Source | 127,039,000Source | 115,325,000Source | 129,531,000Source | 125,336,000Source | 113,706,000Source | 129,532,000Source | 119,061,000Source | 131,651,000Source | 128,154,000Source | 118,527,000Source | 115,041,000Source |
| GoodwillUSD | 704,998,000Source | 694,193,000Source | 588,713,000Source | 701,422,000Source | 686,148,000Source | 589,356,000Source | 699,862,000Source | 624,217,000Source | 704,700,000Source | 699,374,000Source | 619,395,000Source | 578,418,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 322,689,000Source | 350,946,000Source | 220,840,000Source | 328,787,000Source | 360,748,000Source | 227,831,000Source | 338,895,000Source | 242,744,000Source | 312,814,000Source | 348,600,000Source | 245,870,000Source | 235,549,000Source |
| Current assets: | ||||||||||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 792,849,000Source | 754,638,000Source | 710,195,000Source | 706,902,000Source | 696,239,000Source | 659,196,000Source | 753,443,000Source | 691,512,000Source | 831,244,000Source | 769,699,000Source | 724,878,000Source | 708,395,000Source |
| Inventory, NetUSD | 526,324,000Source | 500,562,000Source | 503,910,000Source | 529,003,000Source | 518,044,000Source | 520,155,000Source | 521,675,000Source | 497,568,000Source | 508,979,000Source | 505,337,000Source | 488,258,000Source | 501,184,000Source |
| Assets, CurrentUSD | 1,581,206,000Source | 1,691,353,000Source | 1,767,682,000Source | 1,748,459,000Source | 1,614,696,000Source | 1,681,992,000Source | 1,765,291,000Source | 1,809,550,000Source | 1,578,729,000Source | 1,747,473,000Source | 1,769,901,000Source | 1,646,807,000Source |
| Operating Lease, Right-of-Use AssetUSD | 181,830,000Source | 191,099,000Source | 95,569,000Source | 181,831,000Source | 195,318,000Source | 104,517,000Source | 185,730,000Source | 145,043,000Source | 213,199,000Source | 188,654,000Source | 133,289,000Source | 100,677,000Source |
| Other Assets, NoncurrentUSD | 69,951,000Source | 61,033,000Source | 66,814,000Source | 69,292,000Source | 62,395,000Source | 65,363,000Source | 66,164,000Source | 62,596,000Source | 68,880,000Source | 63,289,000Source | 64,928,000Source | 66,840,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,128,668,000Source | 1,288,182,000Source | 1,185,919,000Source | 1,284,914,000Source | 1,251,129,000Source | 1,174,737,000Source | 1,301,719,000Source | 1,251,134,000Source | 1,148,224,000Source | 1,331,024,000Source | 1,263,129,000Source | 1,284,895,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source | 10,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,707,720,000Source | 2,375,017,000Source | 2,046,956,000Source | 2,626,827,000Source | 2,292,902,000Source | 1,964,090,000Source | 2,548,791,000Source | 2,213,868,000Source | 2,788,709,000Source | 2,447,931,000Source | 2,121,838,000Source | 1,792,632,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -95,522,000Source | -106,762,000Source | -64,489,000Source | -92,331,000Source | -105,834,000Source | -59,646,000Source | -93,575,000Source | -86,508,000Source | -94,796,000Source | -91,686,000Source | -77,566,000Source | -55,296,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,860,043,000Source | 1,827,481,000Source | 1,669,024,000Source | 1,874,408,000Source | 1,793,512,000Source | 1,608,028,000Source | 1,883,755,000Source | 1,752,077,000Source | 1,861,749,000Source | 1,844,520,000Source | 1,688,781,000Source | 1,458,437,000Source |
| Additional Paid in Capital, Common StockUSD | 202,368,000Source | 196,610,000Source | 191,133,000Source | 200,168,000Source | 193,557,000Source | 188,636,000Source | 198,241,000Source | 191,325,000Source | 204,606,000Source | 198,970,000Source | 193,778,000Source | 188,646,000Source |
| Liabilities and EquityUSD | 2,988,711,000Source | 3,115,663,000Source | 2,854,943,000Source | 3,159,322,000Source | 3,044,641,000Source | 2,782,765,000Source | 3,185,474,000Source | 3,003,211,000Source | 3,009,973,000Source | 3,175,544,000Source | 2,951,910,000Source | 2,743,332,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 536,622,000Source | 474,190,000Source | 468,406,000Source | 475,482,000Source | 429,440,000Source | 449,126,000Source | 497,755,000Source | 478,300,000Source | 612,411,000Source | 526,151,000Source | 501,100,000Source | 540,344,000Source |
| Operating Lease, Liability, CurrentUSD | — | — | — | — | — | — | — | — | 52,913,000Source | — | — | — |
| Accounts Payable, CurrentUSD | 303,057,000Source | 282,191,000Source | 271,185,000Source | 258,235,000Source | 240,889,000Source | 253,739,000Source | 276,855,000Source | 265,136,000Source | 341,094,000Source | 280,124,000Source | 266,949,000Source | 301,685,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | — | — | — | — | — | 168,231,000Source | — | — | — |
| Other Liabilities, NoncurrentUSD | 244,746,000Source | 241,692,000Source | 145,651,000Source | 237,132,000Source | 249,389,000Source | 153,757,000Source | 231,664,000Source | 200,546,000Source | 273,513,000Source | 232,573,000Source | 189,750,000Source | 147,625,000Source |
| Additional Financial Items | ||||||||||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | -434,000Source | -402,000Source | -268,000Source | -435,000Source | -399,000Source | — | -437,000Source | -394,000Source | -346,000Source | -438,000Source | — | — |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 171,576,000Source | 352,842,000Source | 456,533,000Source | 405,986,000Source | 303,441,000Source | 412,855,000Source | — | 538,520,000Source | 127,130,000Source | 388,417,000Source | 460,617,000Source | 344,036,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 55,245,000Source | 29,892,000Source | 40,272,000Source | 34,991,000Source |
| Long-term Debt, Current MaturitiesUSD | 18,000,000Source | 0Source | 25,107,000Source | — | 0Source | 25,159,000Source | — | 25,003,000Source | — | 0Source | 25,055,000Source | 25,170,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 347,300,000Source | 572,300,000Source | 571,862,000Source | 572,300,000Source | 572,300,000Source | 571,854,000Source | 572,300,000Source | 572,288,000Source | 262,300,000Source | 572,300,000Source | 572,279,000Source | 596,926,000Source |
| Cash and Cash Equivalents, at Carrying Value | — | — | — | — | — | — | —Source | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | — | 66,422,000Source | 4,918,000Source | 1,925,000Source | 51,059,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | — | 899,000Source | -29,181,000Source | -18,387,000Source | 42,977,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | — | — | 56,886,000Source | 2,169,000Source | -39,272,000Source | 37,682,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 26,264,000Source | -6,362,000Source | -1,074,000Source | -5,716,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 119,317,000Source | 127,747,000Source | 484,082,000Source | 492,385,000Source | 371,393,000Source | 343,966,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | 2,280,000Source | 10,498,000Source | 11,424,000Source | 293,406,000Source | 72,090,000Source | 35,785,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -9,546,000Source | -15,216,000Source | -33,899,000Source | -318,752,000Source | -95,407,000Source | -60,833,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 9,495,000Source | 12,314,000Source | 14,487,000Source | 14,847,000Source | 16,274,000Source | 12,896,000Source |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 53,175,000Source | 9,980,000Source | 317,218,000Source | 152,837,000Source | 73,388,000Source | 716,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -78,565,000Source | -34,047,000Source | -711,539,000Source | -245,607,000Source | -156,468,000Source | -126,888,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 17,383,000Source | 14,218,000Source | 72,598,000Source | 63,702,000Source | 55,879,000Source | 53,446,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 30,299,000Source | 77,903,000Source | -261,287,000Source | -72,200,000Source | 116,581,000Source | 159,562,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 171,576,000Source | 352,842,000Source | 405,986,000Source | 303,441,000Source | 418,716,000Source | 538,520,000Source | 127,130,000Source | 388,417,000Source | 460,617,000Source | 344,036,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 18,954,000Source | 21,826,000Source | 23,978,000Source | 22,567,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 108,946,000Source | 107,721,000Source | 116,311,000Source | 108,084,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | -907,000Source | -581,000Source | 69,000Source | -226,000Source | -2,937,000Source | 3,317,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 12,904,000Source | 12,002,000Source | 12,944,000Source | 12,361,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | 47,000Source | — | — | — | 47,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | — | — | 9,884,000Source | 10,218,000Source | 10,126,000Source | 7,567,000Source | 10,203,000Source | 7,600,000Source | 40,072,000Source | 35,581,000Source | 28,923,000Source | 30,805,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | 171,576,000Source | 352,842,000Source | 405,986,000Source | 303,441,000Source | — | 538,520,000Source | 127,130,000Source | 388,417,000Source | 460,617,000Source | 344,036,000Source |
| DepreciationUSD | — | — | 6,396,000Source | 6,583,000Source | 6,590,000Source | 5,926,000Source | 6,486,000Source | 5,924,000Source | 25,875,000Source | 24,899,000Source | 23,431,000Source | 22,266,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -241,000Source | -997,000Source | -163,000Source | 346,000Source | -1,019,000Source | 886,000Source | -2,599,000Source | -529,000Source | 1,099,000Source | -3,284,000Source |
| GoodwillUSD | — | — | 704,998,000Source | 694,193,000Source | 701,422,000Source | 686,148,000Source | 699,862,000Source | 624,217,000Source | 704,700,000Source | 699,374,000Source | 619,395,000Source | 578,418,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 35,359,000Source | 27,483,000Source | 27,423,000Source | 29,271,000Source | 27,778,000Source | 24,017,000Source | 129,749,000Source | 107,979,000Source | 112,368,000Source | 103,072,000Source |
| InterestExpenseNonoperatingUSD | — | — | — | — | — | — | — | — | 17,386,000Source | — | — | — |
| Investment Income, InterestUSD | — | — | — | — | — | — | — | — | 9,448,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | 99,769,000Source | 99,799,000Source | 95,349,000Source | 93,290,000Source | 100,807,000Source | 92,063,000Source | 414,525,000Source | 392,988,000Source | 385,762,000Source | 346,739,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -350,000Source | -1,267,000Source | 505,000Source | 755,000Source | 548,000Source | 2,281,000Source | 2,743,000Source | 3,050,000Source | 5,138,000Source | -1,701,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 127,000Source | 127,000Source |
| Stock or Unit Option Plan ExpenseUSD | — | — | — | — | — | — | 1,494,000Source | 1,326,000Source | 5,519,000Source | 4,713,000Source | 3,448,000Source | 2,785,000Source |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 1,251,453,000Source | 1,166,749,000Source | 1,163,023,000Source | 1,073,001,000Source | 1,199,523,000Source | 1,098,944,000Source | 4,966,686,000Source | 4,563,424,000Source | 4,479,406,000Source | 4,412,794,000Source |
| Cost of RevenueUSD | — | — | 870,649,000Source | 811,459,000Source | 809,689,000Source | 744,951,000Source | 838,094,000Source | 773,862,000Source | 3,459,901,000Source | 3,180,265,000Source | 3,142,753,000Source | 3,125,829,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 242,879,000Source | 225,888,000Source | 230,125,000Source | 207,180,000Source | 232,399,000Source | 211,910,000Source | 957,316,000Source | 884,630,000Source | 840,830,000Source | 813,814,000Source |
| Operating Income (Loss)USD | — | — | 137,925,000Source | 129,402,000Source | 123,209,000Source | 120,870,000Source | 129,030,000Source | 113,172,000Source | 549,469,000Source | 498,529,000Source | 495,823,000Source | 473,151,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -350,000Source | -1,267,000Source | 505,000Source | 755,000Source | 548,000Source | 2,281,000Source | 2,743,000Source | 3,050,000Source | 5,138,000Source | -1,701,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 135,128,000Source | 127,282,000Source | 122,772,000Source | 122,561,000Source | 128,585,000Source | 116,080,000Source | 544,274,000Source | 500,967,000Source | 498,130,000Source | 449,811,000Source |
| Income Tax Expense (Benefit)USD | — | — | 35,359,000Source | 27,483,000Source | 27,423,000Source | 29,271,000Source | 27,778,000Source | 24,017,000Source | 129,749,000Source | 107,979,000Source | 112,368,000Source | 103,072,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 99,769,000Source | 99,799,000Source | 95,349,000Source | 93,290,000Source | 100,807,000Source | 92,063,000Source | 414,525,000Source | 392,988,000Source | 385,762,000Source | 346,739,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 2.68Source | 2.6Source | 2.54Source | 2.43Source | 2.67Source | 2.4Source | 11.09Source | 10.26Source | 9.98Source | 8.98Source |
| Earnings Per Share, DilutedUSD per share | — | — | 2.65Source | 2.57Source | 2.51Source | 2.39Source | 2.63Source | 2.36Source | 10.95Source | 10.12Source | 9.83Source | 8.84Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 37,223,000Source | 38,322,000Source | 37,595,000Source | 38,427,000Source | 37,757,000Source | 38,398,000Source | 37,377,000Source | 38,289,000Source | 38,672,000Source | 38,592,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 37,684,000Source | 38,847,000Source | 38,055,000Source | 38,963,000Source | 38,271,000Source | 38,944,000Source | 37,857,000Source | 38,816,000Source | 39,257,000Source | 39,220,000Source |
| Interest Expense (non-operating)USD | — | — | — | — | — | — | — | — | 17,386,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 9,884,000Source | 10,218,000Source | 10,126,000Source | 7,567,000Source | 10,203,000Source | 7,600,000Source | 40,072,000Source | 35,581,000Source | 28,923,000Source | 30,805,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 103,485,000Source | 114,341,000Source | 113,442,000Source | 108,788,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -241,000Source | -997,000Source | -163,000Source | 346,000Source | -1,019,000Source | 886,000Source | -2,599,000Source | -529,000Source | 1,099,000Source | -3,284,000Source |
| Gross ProfitUSD | — | — | 380,804,000Source | 355,290,000Source | 353,334,000Source | 328,050,000Source | 361,429,000Source | 325,082,000Source | 1,506,785,000Source | 1,383,159,000Source | 1,336,653,000Source | 1,286,965,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 513,009,000Source | 475,266,000Source | 467,785,000Source | 423,316,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | 18,214,000Source | 20,544,000Source | 24,790,000Source |
| Interest Income (Expense), NetUSD | — | — | -2,447,000Source | -853,000Source | -942,000Source | 936,000Source | -993,000Source | 627,000Source | -7,938,000Source | -612,000Source | -2,831,000Source | -21,639,000Source |
| Investment Income, InterestUSD | — | — | — | — | — | — | — | — | 9,448,000Source | — | — | — |
Filing attachments
a8k10272026releaseex991.htm · 8-K · 2026-10-27
EXHIBIT 99.1 Financial Release For Immediate Release Applied Industrial Technologies Reports Fiscal 2027 First Quarter Results • Net Sales of $1.3 Billion Up 7.6% YoY; Up 7.1% on an Organic Basis • Net Income of $110.4 Million, or $2.97 Per Share Up 12.7% YoY • Operating Income of $143.6 Million Up 11.3%; EBITDA of $160.3 Million Up 9.6% YoY • Operating Cash Flow of $86.4 Million; Free Cash Flow of $73.4 Million • Increasing FY27 EPS Guidance to $11.70 to $12.20 • Reiterate FY27 Sales a…
Read attachment ↗a8k10282025releaseex991.htm · 8-K · 2025-10-28
EX-99.1 2 a8k10282025releaseex991.htm EX-99.1 Document EXHIBIT 99.1 Financial Release For Immediate Release Applied Industrial Technologies Reports Fiscal 2026 First Quarter Results • Net Sales of $1.2 Billion Up 9.2% YoY; Up 3.0% on an Organic Basis • Net Income of $100.8 Million, or $2.63 Per Diluted Share Up 11.4% YoY • Operating Income of $129.0 Million; EBITDA of $146.3 Million Up 13.4% YoY • Operating Cash Flow of $119.3 Million; Free Cash Flow of $112.0 Million • Increasing F…
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