Revenue Growth Driven by Top-Line Expansion
LII grew Q1 FY2026 revenue by 5.8% year-over-year to $1.135B from $1.073B, indicating continued demand for its HVAC products despite a challenging macro environment.
LENNOX INTERNATIONAL INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: LII posted Q1 FY2026 revenue growth of 5.8% to $1.14B, but rising costs and higher SG&A compressed margins, driving net income down 9.6% to $117.2M and diluted EPS down 7.7% to $3.35.
Drawn from management commentary in the Q1 2026 10-Q:
LII grew Q1 FY2026 revenue by 5.8% year-over-year to $1.135B from $1.073B, indicating continued demand for its HVAC products despite a challenging macro environment.
Cost of revenue rose 7.1% YoY to $783.8M, outpacing revenue growth of 5.8%, which compressed gross margin by approximately 83 basis points to 30.9% from 31.8%.
SG&A expenses increased 8.1% YoY to $185.2M from $171.3M, contributing to a 2.7% decline in operating income to $163.5M and a contraction in operating margin to 14.4% from 15.7%.
Revenue
$1.14B
++5.83% YoY
EPS (Basic)
$3.37
-7.67% YoY
Gross Margin
30.9%
-0.83% YoY
Operating Income
$163.5M
-2.68% YoY
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