Earnings Releases·Oct 27, 2026, 9:03 AM ET

Lincoln Electric — Third Quarter 2026 Earnings Summary

Net sales rose 15.1% year-over-year to $1,221.3 million, driven by a 14.5% organic increase, while adjusted net income climbed to $163.6 million ($2.98 adjusted EPS) from $137.2 million in the prior year.
Operating income improved to $211.4 million (17.3% of sales) and adjusted operating income reached $220.0 million (18.0% of sales), supported by volume growth in Americas Welding and The Harris Products Group alongside price increases across all segments.
The Board declared a quarterly cash dividend of $0.87 per share, a 10.1% increase, and the company returned $143 million to shareholders through dividends and share repurchases during the quarter.
Total debt decreased to $1,149.969 million as of September 30, 2026, from $1,294.008 million at year-end 2025, while management highlighted the acceleration of "RISE strategy initiatives" to optimize long-term value.
No specific forward guidance or numerical outlook was provided; management noted a focus on managing inflationary headwinds and supporting customers despite standard risks regarding economic conditions and supply chains.