The Timken Co. posted 2Q 2026 net income of USD 28.9 million, down 63.2% year-on-year; diluted EPS fell 63.4% to USD 0.41.
Net sales rose 7.5% to USD 1.26 billion, while net income margin narrowed 4.4 percentage points to 2.3%.
Adjusted EPS increased 28.9% to USD 1.83; adjusted EBITDA margin widened 1.9 percentage points to 19.6%.
Results included an impairment charge tied to the anticipated divestiture of the belts business; adjusted EBITDA included a USD 8 million net benefit from IEEPA tariff refunds.
Timken raised its 2026 GAAP EPS outlook to USD 3.75-4.05, lifting adjusted EPS guidance to USD 6.05-6.35.
TKR•
