Columbus McKinnon Achieves Significant 10% Sales Growth in Q3 FY26 Financial Report

Columbus McKinnon Achieves 10% Sales Growth in Q3 FY26

Date: February 9, 2026
Location: Charlotte, N.C

Columbus McKinnon Corporation (Nasdaq: CMCO), recognized as a leading designer and manufacturer in intelligent motion solutions, has reported an impressive sales growth of 10% for the third quarter of fiscal year 2026, which concluded on December 31, 2025. This growth underscores the company’s strong commercial initiatives and the positive demand stabilization observed in the U.S. market.

Key Financial Highlights

During the third quarter, Columbus McKinnon recorded net sales of $258.7 million, reflecting a substantial increase compared to the previous year's figure of $234.1 million. Notably, orders also surged by 11%, amounting to $247.4 million, primarily driven by growth in precision conveyance and automation sectors. The backlog similarly grew, reaching $341.6 million, which represents a 15% increase and indicates a healthy pipeline for future deliveries.

The financial performance translated into a net income of $6.0 million, or $0.21 per diluted share, which corresponds to a remarkable 51% rise year-over-year. Furthermore, adjusted net income saw an increase of 9% to $17.8 million, or $0.62 per diluted share.

Strength Across Multiple Segments

The growth trajectory can be attributed to robust performances across Columbus McKinnon’s various business segments, particularly in lifting, linear motion, and automation solutions spread throughout North America and the EMEA region. The CEO, David J. Wilson, credited the team’s efforts in executing commercial strategies and expressed optimism about the active global funnel of opportunities.

However, despite these promising figures, Wilson remains cautious about the macroeconomic environment in EMEA where order conversions are slower than anticipated. This sustained vigilance is necessary as the company integrates operations following its recent acquisition of Kito Crosby.

Acquisition and Future Strategy

With the completion of the Kito Crosby acquisition, Columbus McKinnon aims to enhance its position in the market and unlock potential synergies. The new executive leadership team is focused on collaboration to maintain business continuity while prioritizing debt reduction and synergy realization. Wilson has articulated a vision of delivering superior customer value, leveraging the combination of talent and capabilities from both firms.

Financial and Market Outlook

The company's commitment to de-leverage its balance sheet will be a primary focus moving forward, particularly as it confronts the associated costs of the acquisition. Columbus McKinnon has revised its guidance for fiscal year 2026, pulling back on individual segment forecasts due to anticipated transaction-related expenses and integration challenges with Kito Crosby.

As per their historical practices, updated financial outlooks and guidance for FY27 will be provided with the release of their fourth quarter earnings in late May 2026.

Investors can expect further details during the scheduled teleconference today at 5:00 PM ET, which will also be available via live webcast on the company’s investor relations website.

For comprehensive information on Columbus McKinnon and their innovative solutions, visit www.cmco.com.

Overall, Columbus McKinnon’s robust financial performance in Q3 FY26 is a testament to its strategic vision and operational execution, setting a positive tone for subsequent quarters as the company navigates the complexities of market dynamics and integration initiatives.