METTLER TOLEDO INTERNATIONAL INC/ is expected to release its Q3 2026 10-Q filing in the upcoming earnings season. Last quarter: In Q2 FY2024, MTD delivered 4.5% year-over-year revenue growth to $1.03B and a 15.1% increase in net income to $232.9M, aided by a net $24.6M one-time tariff refund benefit alongside steady laboratory and industrial product demand.
Drawn from management commentary in the Q2 2026 10-Q:
During Q2 FY2024, MTD recognized a $52.4M gross benefit reducing cost of sales from IEEPA tariff refunds, partially offset by $27.8M in tariff-related customer refunds that reduced net sales, delivering a net pre-tax benefit of $24.6M primarily in the U.S. segment.
Sales growth was led by Asia/Rest of World (+12% USD; +9% organic in local currency) driven by China (+9% organic), and Europe (+7% USD; +4% organic), while the Americas declined 3% USD (+1% organic) due to lower food retail project activity.
For the first six months of FY2024, operating cash flow reached $450.2M (including a $42.9M refund benefit), while MTD repurchased $412.5M of its common stock (325,348 shares), leaving $3.2B in remaining authorization and $562.7M in credit facility availability.
Revenue
$1.03B
+4.48% YoY
EPS (Diluted)
$11.55
+18.34% YoY
Gross Margin
63.3%
+4.3 pts YoY
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