Rockwell Automation FY26 Q3: sales up 8%, EPS $3.65, guidance raised
Rockwell beat on the bottom line and raised full-year guidance: adjusted EPS of $3.49 rose 22.0% year over year and topped the $3.42 consensus, while sales of $2.31 billion grew 8.0% reported and 10.0% organically. Read the quarter as a volume-and-mix story, not a tax story, because the GAAP number leans on the Sensia joint-venture gain. Free cash flow of $654 million covered the dividend and buyback comfortably.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $3.65 was up 40.0% from $2.60, and adjusted EPS of $3.49 was up 22.0% from $2.85. Adjusted EPS beat the $3.42 consensus by roughly $0.07. Enterprise operating margin expanded to 22.3% from 19.5%, which is the cleaner proof that the earnings growth came from the business rather than from items below the operating line.
Sales of $2.31 billion rose 8.0% from $2.14 billion a year ago, and organic sales were up 10.0% once currency (+1 point) and the Sensia divestiture (-3 points) are stripped out. Software & Control did the heavy lifting, up 19.0% to $751 million, with Intelligent Devices up 12.0% to $1.08 billion. Lifecycle Services was the weak spot, down 12.0% to $482 million and down 2.0% organically.
Rockwell now points to full-year sales of about $9.0 billion, with reported and organic growth of 7.5%-9.5%, versus the prior ~$8.9 billion midpoint. Diluted EPS guidance moved to $12.72-$13.02 and adjusted EPS to $13.00-$13.30, both above the prior ranges. The caveats are that the outlook excludes sales, earnings and cash flows from the divested Sensia businesses in the second half, and that the full-year adjusted tax rate is now guided to about 19.5%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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