ZACKS·2026-02-19 16:25Core Insights - Nordson Corporation's adjusted earnings for Q1 fiscal 2026 were $2.37 per share, exceeding the Zacks Consensus Estimate of $2.36, marking a 15% year-over-year increase [1][8] Quarterly Results of NDSN - Revenues for Nordson were $669 million, an 8.8% increase from the previous year, driven by the Industrial Precision Solutions segment and contributions from acquisitions, although it fell short of the consensus estimate of $651 million [2] - Organic sales rose by 6.5% year over year, while acquisitions/divestitures negatively impacted sales by 1.4%. Foreign currency translation positively affected sales by 3.7% [2] Regional Performance - Revenues from the Asia Pacific region reached $225.1 million, up 25.2% year over year. European revenues increased by 8.8% to $182.5 million, while revenues in the Americas decreased by 2.2% to $261.9 million [3] Segment Performance - Industrial Precision Solutions generated revenues of $326.9 million, an 8.8% increase year over year, contributing 48.8% to Nordson's total revenue [3] - Medical and Fluid Solutions reported revenues of $193.2 million, down 0.2% year over year, contributing 28.9% to total revenue. Organic sales increased by 2.7%, but acquisitions/divestitures decreased sales by 4.3% [4] - Advanced Technology Solutions saw sales of $149.4 million, a 23.1% increase year over year, with organic sales up 20.7% [5] Margin Profile - Cost of sales increased by 8.5% to $303.3 million, while gross profit rose by 9% to $366.1 million, resulting in a gross margin of 54.7%, up 10 basis points [6] - Selling and administrative expenses increased by 2.4% to $199.7 million. Adjusted EBITDA was $203 million, a 7.9% increase year over year, with an operating margin of 24.9%, up 200 basis points [7] Cash Flow and Balance Sheet - At the end of Q1 fiscal 2026, cash and cash equivalents were $120.4 million, up from $108.4 million at the end of fiscal 2025. Long-term debt increased to $1.94 billion from $1.68 billion [9] - Net cash generated from operating activities was $140.4 million, down 11.7% year over year, with capital expenditures totaling $17.5 million, down 18.2% [10] Dividends and Share Buyback - Nordson paid dividends of $45.8 million, a 2.7% increase from the previous year, and repurchased shares worth $86 million, up from $43.1 million [11] Outlook - For fiscal 2026, Nordson raised its sales guidance to $2.86-$2.96 billion and adjusted earnings to $11-$11.60 per share. For Q2 fiscal 2026, sales are expected to be between $710-$740 million, with adjusted earnings of $2.70-$2.90 per share [12]