Acuity Reports 38% Jump in Q3 Operating Profit and 46% EPS Gain
AYI•Acuity Inc third-quarter net sales reached $1.2 billion, up 1.6%, operating profit rose 38.3% to $193.3 million and EPS gained 46.2% to $4.56. Lighting sales dipped 1.9% to $905.2 million with expanded margins, while Intelligent Spaces revenue climbed 14.9% to $303.5 million and operating profit more than doubled.
1. Third-Quarter Financial Results
In the third quarter ended May 31, 2026, Acuity delivered net sales of $1.2 billion, a 1.6% increase year-over-year. Operating profit rose 38.3% to $193.3 million and EPS climbed 46.2% to $4.56, reflecting strong margin expansion.
2. Segment Performance
The Lighting segment posted $905.2 million in sales, down 1.9%, but improved operating margins by 320 basis points. The Intelligent Spaces unit saw revenue grow 14.9% to $303.5 million and operating profit more than doubled, driven by higher volume and efficiency gains.
3. Cash Flow and Share Repurchases
Year-to-date net cash from operating activities reached $520.2 million, supporting the repurchase of approximately 766,000 shares for $230 million, underscoring robust cash generation and capital allocation.
