A.O. Smith Q2 FY26 net earnings drop 18% to $124.9 million; net sales slip 1% to $1 billion - AOS News | RalliesA.O. Smith Q2 FY26 net earnings drop 18% to $124.9 million; net sales slip 1% to $1 billion
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AOS• Second-quarter results and guidance
- A. O. Smith posted Q2 net earnings of USD 124.9 million, down 18% year over year; diluted EPS fell 15% to USD 0.91.
- Net sales slipped 1% to USD 1.00 billion, with North America up 5% to USD 820.5 million while Rest of World dropped 19% to USD 194.9 million.
- First-half operating cash flow rose 42% to USD 253.8 million; free cash flow climbed 67% to USD 233.3 million.
- Raised 2026 share repurchase target to USD 300 million; narrowed 2026 sales growth view to 2%-3%.
- 2026 guidance calls for GAAP diluted EPS of USD 3.60-3.75; non-GAAP adjusted EPS of USD 3.70-3.85.