Kewaunee Scientific Corporation announced its financial results for the first quarter of fiscal year 2026.
Sales saw a significant increase of 46.9% compared to the prior year.
Net earnings also showed growth from the previous year's first quarter.
Sales Growth
Sales rose by 46.9% in Q1 FY2026 compared to the previous year.
Earnings Increase
Pre-tax earnings increased by 61.3% compared to the prior year quarter.
Order Backlog
The company's order backlog was $205.0 million on July 31, 2025.
- Domestic segment sales increased by 53.0% driven by various factors.
- International segment also showed growth with a 30.2% increase in sales from the prior year quarter.
Kewaunee Scientific Corporation displayed strong financial performance in Q1 FY2026, with notable sales growth and increased earnings.