Eaton reported Q2 2026 EPS of $2.11; adjusted EPS (non-GAAP) rose to $3.15 from $2.95 a year earlier.
Net sales climbed 21% to $8.53 billion, including 14% organic growth; segment margins narrowed 0.8 percentage point to 23.1%.
Operating cash flow rose 23% to $1.13 billion; free cash flow increased 22% to $874 million.
Orders and outlook
Electrical sector orders accelerated, with the 12-month rolling average up 41% in Electrical Americas and 33% in Electrical Global; Aerospace orders rose 17%.
Eaton lifted its 2026 outlook to 11%-13% organic growth; adjusted EPS (non-GAAP) is seen at $13.40-$13.60, and EPS at $10.36-$10.56.