The industrial filtration firm reported $995 million in sales and $1.06 adjusted EPS, driven by 8% growth in Mobile Solutions.
Donaldson reported record third-quarter fiscal 2026 sales of $995 million, up 6% year over year, alongside adjusted earnings per share of $1.06, a 7% increase. Adjusted operating margin expanded 30 basis points to 16.6%, supported by currency translation, pricing, and volume growth.
Mobile Solutions sales rose 8% to $630 million, with aftermarket revenue climbing 8% to $498 million across all regions. Life Sciences also contributed to growth, offsetting weaker performance in Industrial Solutions. The company excluded $9.8 million in pretax charges, including $9 million for restructuring.
CEO Rich Lewis noted a “significant step-up” from the prior quarter, citing a major competitive win with a North American fleet operator.