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Columbus McKinnon Reports Strong Q2 FY26 Performance

Columbus McKinnon Corporation (Nasdaq: CMCO), a prominent innovator in the field of intelligent motion solutions, has recently released its financial results for the second quarter of fiscal year 2026. The period ended on September 30, 2025, showcased a resilient sales growth of 8%, with net sales reaching $261 million. This marks a robust recovery, driven primarily by strength in the lifting and linear motion sectors.

Key Highlights of Q2 FY26

In comparison to last year's figures, Columbus McKinnon reported several critical statistics for the current fiscal quarter:

• - Net Sales: Increased to $261.0 million, reflecting an 8% rise fueled by demand recovery and improved pricing strategies across various platforms.
• - Order Flow: Total orders for the quarter were reported at $253.7 million, affected by softer economic signals in Europe, the Middle East, and Africa (EMEA). However, strong orders in the U.S. grew by 11%.
• - Backlog Growth: The company indicated a backlog of $351.6 million, an increase of 11%, showing strong future sales potential.
• - Net Income: Columbus McKinnon recorded a net income of $4.6 million, with a notable net income margin of 1.8%, which includes $10 million in acquisition-related expenses.
• - Adjusted EBITDA: Increased by 22% sequentially to $37.4 million, indicating improvement in profitability and operational efficiency.

Operational Insights

David J. Wilson, President and CEO, emphasized the effectiveness of the team's strategies to harness recovery in the short-cycle U.S. market while managing a record backlog. The healthy pipeline of quotation activities is indicative of attractive global market opportunities and an upbeat demand landscape in the U.S. Yet, it was noted that order conversion rates in EMEA could be lagging due to a weaker economic outlook.

Amid these challenges, Columbus McKinnon has also taken significant steps toward tariff mitigation, which they expect will contribute to a better outcome than anticipated for the first half of the fiscal year. With ongoing adjustments, they forecast achieving tariff cost neutrality by the end of the current fiscal year.

Financial Guidance for Fiscal 2026

In light of these developments, Columbus McKinnon has raised its guidance for net sales growth. The company anticipates growth in the low to mid-single digits and has reaffirmed its adjusted EPS guidance. This outlook does not yet account for the pending acquisition of Kito Crosby, which is expected to close by year-end 2026. The guidance is also mindful of tariff impacts which may influence product availability and supply chain costs moving forward.

Conclusion

Overall, Columbus McKinnon Corporation showcases a critical example of resilience, adaptability, and strategic foresight in a fluctuating economic landscape. The combination of a well-managed backlog, proactive tariff strategies, and a growing U.S. market positions the company for a positive trajectory in the latter half of FY26. Investors and stakeholders appear optimistic as the company continues to innovate and refine its operations for sustained growth in the coming periods.

For further insights and detailed financial results, interested parties can access the company’s investor relations page. There, they can find the full earnings release, financial statements, and information about future conference calls regarding performance reviews and strategic discussions.