Applied Industrial Technologies, Inc. reported its fiscal 2027 first quarter results for the period ended September 30, 2026. Net sales for the quarter of $1.3 billion increased 7.6% over the prior year, or 7.1% on an organic basis. The company reported net income of $110.4 milli

Applied Industrial Technologies Reports Fiscal 2027 First Quarter Results

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Applied Industrial (AIT) Q1 2027 Earnings Call Transcript

(RTTNews) - Applied Industrial Technologies Inc (AIT) released earnings for its first quarter that Increased, from last year

Applied Industrial Technologies Inc Q1 Profit Climbs 

On October 20, 2026, Michael L. Olosky, age 58, was elected to the Board of Directors of Applied Industrial Technologies, Inc., with a term expiring in October 2028. He has been appointed to the Corporate Governance & Sustainability and Executive Organization & Compensati

Applied Industrial Technologies, Inc. Elects Michael L. Olosky to Board of Directors

AIT gears up for Q1 earnings, with higher segment revenues and acquisitions likely to aid growth, while rising costs and forex risks pose challenges.

Applied Industrial to Post Q1 Earnings: What's in the Cards?

Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center and Engineered Solutions. The Service Center segment distributes industrial bearings, power transmission, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products; and motors, belting, drives, couplings, pumps, linear motion, hydraulic and pneumatic components, filtration supplies, hoses, and other related supplies. It also installs, modifies, and repairs conveyor belts and rubber linings, as well as hose assemblies. The Engineered Solutions segment is involved in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies; and provision of fluid power and industrial flow control products. Its fluid power products and solutions are used in off-highway mobile equipment, stationary industrial equipment and machines, marine and offshore equipment, factory automation, food processing equipment, packaging operations, and downstream energy process systems. This segment also offers pumps, valves, fittings, hoses, process instrumentation, actuators, and filtration supplies; and advanced automation technologies for the design, engineering, assembly, integration, and distribution of machine vision, collaborative robots, mobile robots, radio-frequency identification, industrial networking, motion control, and machine learning technologies for OEMs, machine builders, integrators, and other industrial and technology sectors. The company was formerly known as Bearings, Inc. and changed its name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Applied Industrial Technologies, Inc. News