Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Nordson's fiscal third quarter of 2026 (three months ended July 31, 2026) was characterized by broad-based organic sales growth and margin expansion. Management credited Advanced Technology Solutions, where organic sales increased 30.9%, as the primary driver, along with improved operating leverage (10-Q Item 2 MD&A). The main offset was Industrial Precision Solutions, whose segment EBITDA margin declined 170 basis points despite higher sales, reflecting innovation investment and inflation (10-Q Item 2 MD&A). A $14.9M unrealized loss on minority investments also lifted other expense, but lower interest expense and the absence of prior-year divestiture charges supported net income growth (10-Q Item 2 MD&A).
Revenue
$817.67M
+10.27% YoY
EPS (Diluted)
$2.73
+22.97% YoY
Operating Income
$223.09M
+18.81% YoY
Source: SEC XBRL
Nordson (NDSN) reported Q3 FY2026 revenue of $817.67M, up 10.3% year over year. Operating margin was 27.3%, up 2.0 points from 25.3% a year earlier. NDSN's fiscal Q3 FY2026 corresponds to calendar Q3 2026.
Last 4 quarters: 2 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Sep 2026This filing | 3.25 | 3.17 | Beat +2.7% |
| Jun 2026 | 2.86 | 2.88 | Miss -0.5% |
| Mar 2026 | 2.37 | 2.42 | Miss -2.2% |
| Dec 2025 | 3.03 | 2.99 | Beat +1.4% |
Adjusted (non-GAAP) EPS of $3.25 versus the $3.17 analyst consensus — a +2.7% beat for Sep 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $2.73.
3 reported segments · SEC XBRL
Segment revenue totals $817.67M, which is the $817.67M of consolidated revenue on the income statement.
Compiled by AI from 10-Q Item 2 of this filing
Advanced Technology Solutions organic sales rose 30.9% in Q3 FY2026, with management citing strong growth in electronics dispense and test & inspection product lines. This was the fastest organic growth among segments and the main driver of consolidated organic growth.
Source: 10-Q Item 2 MD&A
Industrial Precision Solutions segment EBITDA margin decreased 170 basis points in Q3 despite higher sales, as continued investment in innovation and select near-term inflationary pressures weighed on profitability.
Source: 10-Q Item 2 MD&A
Interest expense-net fell 20.8% year over year in Q3, to $20.4M, driven by lower average debt levels from strong cash generation and a stable-to-declining rate environment.
Source: 10-Q Item 2 MD&A
Other expense-net increased to $16.8M from $2.9M, primarily due to $14.9M of unrealized losses on minority investments; foreign currency losses were $2.0M.
Source: 10-Q Item 2 MD&A
During the nine months ended July 31, 2026, the company repaid $258M of debt, repurchased $159M of shares, and paid $137M in dividends, funded by $570.5M of operating cash flow.
Source: 10-Q Item 2 MD&A
Compiled by AI from this SEC filing · 0 high, 3 medium, 2 low
Cash and cash equivalents fell 23.2% year over year to $113.4M, while current liabilities were $728.5M, leaving a thin cash buffer relative to short-term obligations. While the current ratio was 1.82, the absolute cash level is low, which could increase reliance on borrowing facilities if operating cash flow weakens.
Source: 10-Q Balance Sheet (XBRL)
Long-term debt was $1.73B, down 13.3% year over year but still substantially above cash. Although operating income covers interest comfortably, the absolute debt level exposes the company to refinancing and interest-rate risk.
Source: 10-Q Balance Sheet (XBRL)
Net cash used in financing activities was $510.7M for the first nine months, up from $444.5M a year earlier, driven by debt repayment and share repurchases. Sustaining these returns depends on continued strong operating cash flow.
Source: 10-Q Cash Flow Statement (XBRL)
SG&A expense increased 11.7% year over year, slightly faster than revenue growth of 10.3%, indicating potential cost pressure. If revenue growth moderates, this could compress operating margins.
Source: 10-Q Income Statement (XBRL)
Operating cash flow grew 10.5% while net income grew 21.5%, suggesting lower cash conversion, likely due to working capital investment. This could reduce free cash flow if receivables or inventories continue to build.
Source: 10-Q Income Statement (XBRL); 10-Q Cash Flow Statement (XBRL)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $M | 817.67 $M | 741.51 $M | +10.27% |
Cost of Revenue $M | 363.94 $M | 334.99 $M | +8.64% |
Operating Income $M | 223.09 $M | 187.77 $M | +18.81% |
Net Income $M | 152.85 $M | 125.78 $M | +21.51% |
EPS (Basic) $ | 2.74 $ | 2.23 $ | +22.87% |
EPS (Diluted) $ | 2.73 $ | 2.22 $ | +22.97% |
SG&A Expense $M | 230.64 $M | 206.54 $M | +11.67% |
Answers draw on this SEC filing and the data on this page
NDSN reported strong growth in Q2 FY2026 with an 8.5% increase in revenue and a 16.9% rise in operating income, driven by improved operational efficiency and cost management.
Nordson Corporation delivered strong Q1 FY2026 results with revenue up 8.8% YoY to $669.5M and net income surging 40.9% to $133.4M, driven by improved operating leverage and a significant reduction in non-operating costs.
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