Eaton Q3 revenue advances 28% to $8.95B
Key points
- Eaton reported record third-quarter revenue of approximately $8.95 billion, up 28% year over year, while adjusted EPS of $3.68 exceeded analysts' consensus estimate of $3.54.
- GAAP net income increased to $1.08 billion, organic sales grew 19%, and segment operating margins reached a record 25.3%.
- Eaton raised its full-year 2026 adjusted EPS guidance to $13.70–$13.80, supported by demand for electrical infrastructure, data centers and aerospace products. Investing.com Nigeria
Eaton Corporation (NYSE:ETN) reported record third-quarter 2026 revenue of $8.95 billion, up 28% year over year, as adjusted earnings of $3.68 per share exceeded analysts' consensus estimate of $3.54.
GAAP net income increased to approximately $1.08 billion from $1.01 billion a year earlier, while diluted EPS rose to $2.77 from $2.59 and organic sales grew 19%.
Segment operating margins reached a record 25.3%, up 30 basis points year over year, while quarterly operating cash flow totaled $1.31 billion and free cash flow reached $1.03 billion.
Eaton raised its full-year adjusted EPS forecast to $13.70–$13.80 and projected fourth-quarter adjusted EPS of $4.05–$4.15, while its shares rose approximately 1.6% in early trading following the results.
Electrical Americas sales reached $4.2 billion, supported by 22% organic growth, while Electrical Global revenue rose 58% to $2.7 billion and Aerospace sales increased 11% to approximately $1.2 billion.
The Dublin-based power management company supplies electrical, industrial and aerospace technologies, with its growth supported by data center investment, power distribution demand and contributions from recent acquisitions.
