Nordson Corporation (NDSN) Q2 2026 Financial Results Summary

Release Date: May 20, 2026.

Nordson Corporation has announced its financial results for the fiscal second quarter ended April 30, 2026. The report reflects a robust performance across all segments, driven by continued demand and strategic initiatives.

Key Financial Highlights

• Sales
  • Total sales reached a record of $741 million, an increase of 8% compared to $683 million in Q2 2025.
  • Organic sales rose by 7%, driven by growth in all segments.
  • Foreign currency translation contributed 3% to the sales increase.
• Earnings
  • Net income was $117 million, or $2.09 per diluted share, representing a 6% increase from $112 million or $1.97 per diluted share one year ago.
  • Adjusted earnings per diluted share were a record $2.86, reflecting an 18% increase from $2.42 in Q2 2025.
• EBITDA
  • EBITDA also set a record at $235 million, accounting for 32% of sales, an 8% increase from $217 million, which was 32% of sales in the previous year.
• Backlog and Demand
  • The backlog increased by 18% compared to the previous year, indicating strong demand trends.

Segment Performance

• Industrial Precision Solutions
  • Recorded sales of $350 million, up 10% year-over-year.
  • Organic sales growth was 5%, with contributions from favorable currency translation (4%) and acquisitions (1%).
  • EBITDA was $124 million (35% of sales), which is a 9% increase from $114 million in the prior year.
• Medical and Fluid Solutions
  • Achieved sales of $213 million, trending up 5% from the previous year.
  • The segment had an organic sales increase of 8%, countered by a 4% decline from the divested medical contract manufacturing business.
  • EBITDA rose to $79 million (37% of sales), a 3% increase from $77 million.
• Advanced Technology Solutions
  • Sales reached $178 million, increasing 10% year-over-year.
  • Organic sales rose 8%, supported by ongoing growth in electronics dispense systems.
  • EBITDA improved to $48 million (27% of sales), up 22% from $40 million.

Outlook

• The company projects third quarter fiscal 2026 sales between $760 million and $790 million and adjusted earnings per diluted share expected to range from $2.95 to $3.15.
• Full year sales guidance has been increased to $2,930 to $3,010 million, with adjusted earnings now projected between $11.30 and $11.80 per diluted share.

Shareholder Returns

• Nordson declared dividends amounting to $91.6 million during the quarter, up from $88.9 million in the corresponding period last year.
• The company repurchased $129.3 million worth of shares compared to $146.3 million in Q2 2025.

Conclusion

The results illustrate Nordson Corporation's continued strength in its operating segments, increased demand reflected in backlog, and effective management strategies leading to enhanced financial performance. The company’s decision to raise full-year guidance further signals its confidence in continued growth.

Note: The above summary was prepared using the provided financial details, reflecting Nordson Corporation's performance for the second quarter of fiscal 2026. For further insights, please refer to management's upcoming webcast on May 21, 2026.

Here are the extracted tables from the press release:

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(Dollars in thousands except for per-share amounts)

Note: The amounts in the following tables are in thousands.

	Three Months Ended		Six Months Ended
	April 30, 2026	April 30, 2025	April 30, 2026	April 30, 2025
Sales	$ 740,847	$ 682,938	$ 1,410,3…	$ 1,298,…
Cost of sales	336,770	309,034	640,109	588,558
Gross profit	404,077	373,904	770,199	709,800
Gross margin %	54.5 %	54.7 %	54.6 %	54.7 %
Selling and admin expenses	206,874	205,154	406,591	400,103
Operating profit	197,203	168,750	363,608	309,697
Interest expenses	-21,580	-26,019	-44,321	-51,637
Pension settlement charge	-24,049	—	-24,049	—
Other income (expense) - net	-10,400	-3,961	10,437	-2,435
Income before income taxes	141,174	138,770	305,675	255,625
Income taxes	23,858	26,366	54,977	48,569
Net income	$ 117,316	$ 112,404	$ 250,698	$ 207,056
Weighted-common shares outstanding	Basic: 55,798	56,785	55,793	56,960
Earnings per share:	Basic: $ 2.10	$ 1.98	$ 4.49	$ 3.64

CONSOLIDATED BALANCE SHEETS (Unaudited)

(Dollars in thousands)

	April 30, 2026	October 31, 2025
Cash and cash equivalents	$ 102,017	$ 108,442
Receivables - net	606,689	587,843
Inventories - net	467,757	444,814
Other current assets	100,893	101,752
Total current assets	1,277,356	1,242,851
Property, plant and equipment - net	521,390	516,914
Goodwill	3,332,927	3,304,685
Other assets	832,745	853,231
Total	$ 5,964,418	$ 5,917,681
Notes payable and debt due within year	$ 50,000	$ 315,000
Accounts payable and accrued liabilities	441,875	443,260
Total current liabilities	491,875	758,260
Long-term debt	1,836,356	1,681,254
Other liabilities	433,952	434,596
Total shareholders' equity	3,202,235	3,043,571
Total	$ 5,964,418	$ 5,917,681

Disclaimer

The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading guidance. All investments carry risk and past performance does not guarantee future results. You are solely responsible for your investment decisions and should conduct independent research and consult a qualified financial advisor before acting. MarketsFN.com and its authors are not liable for any losses or damages arising from the use of this information.