A. O. Smith Corporation (AOS) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and A. O. Smith published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. A. O. Smith reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Q3 2026 results include the China business. On October 27, 2026 A. O. Smith agreed to sell an 81% interest in it to CPE, and it expects to report China as discontinued operations from Q4 2026, with prior periods recast.
• Leonard Valve, acquired on January 6, 2026, added $14.8 million of North America sales in the quarter.

Source: A. O. Smith Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How A. O. Smith splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• A. O. Smith's North America revenue was $762 million in Q3 2026, up 3% from $743 million in Q3 2025, 81% of total revenue.
• A. O. Smith's Rest of World revenue was $193 million in Q3 2026, down 7% from $208 million in Q3 2025, 20% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

A. O. Smith's adjusted EPS outlook, excluding China, is $3.42 to $3.52, given in a table in the release.

In its Q3 2026 release, A. O. Smith said:

“Accordingly, the Company has updated its full-year 2026 guidance to exclude the China business for all of 2026.”

“Net sales growth, excluding China, of approximately 4%”

“The Company projects its full-year 2026 share repurchases to total approximately $300 million.”

Source: A. O. Smith Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the AOS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release. All five quarters include the China business.

A. O. Smith's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

A. O. Smith reported Q3 2026 net sales of $940.5 million, against $942.5 million a year earlier. North America, its larger segment, sold $761.6 million, up 3%, and Rest of World sold $192.8 million, down 7%. Inter-segment sales of $13.9 million are eliminated from the total. (A. O. Smith Q3 2026 release, Oct 29, 2026)

Water heaters and related parts are most of North America at $596.0 million, against $604.9 million. Boilers, related parts and components rose to $102.9 million from $78.0 million, a figure that includes $14.8 million from Leonard Valve, the water temperature and flow business A. O. Smith bought on January 6, 2026 for $469.5 million. Water treatment products added $62.7 million. A. O. Smith said boiler sales grew 13% and that lower residential water heater volumes partly offset the gains; excluding Leonard Valve, North America organic sales rose 1%. (A. O. Smith Form 10-Q, Q3 2026, Oct 29, 2026; A. O. Smith Q3 2026 release, Oct 29, 2026)

China is most of Rest of World: $139.8 million in the quarter, against $151.7 million, and China sales fell 17% in local currency. A. O. Smith tied the drop to weak consumer demand and disruption from its strategic assessment of the business, which ended with an agreement for CPE to buy an 81% interest. The deal values the China business at about $400 million on a cash-free, debt-free basis and is expected to close in the first half of 2027. (A. O. Smith Form 10-Q, Q3 2026, Oct 29, 2026; A. O. Smith Q3 2026 release, Oct 29, 2026)

A. O. Smith's sales are concentrated in a few retail and wholesale buyers. Its five largest customers were about 41% of 2025 sales, and the two largest North America customers bought $599.7 million and $467.8 million, 16% and 12% of net sales. In retail it has a long-standing exclusive relationship with Lowe's for A. O. Smith branded products. (A. O. Smith Form 10-K, 2025, Feb 10, 2026)

Pricing helped. A. O. Smith raised prices by four to seven percent on most of its North American water heater and boiler products in April 2026, effective at the end of the second quarter. (A. O. Smith Form 10-Q, Q3 2026, Oct 29, 2026)

A. O. Smith reported diluted EPS of $0.93 for Q3 2026, against $0.94 a year earlier, and adjusted EPS was the same $0.93 because there were no restructuring or impairment charges in the quarter. Net earnings were $126.3 million, against $132.0 million. Year to date, adjusted EPS of $2.80 excludes a $22.6 million restructuring and impairment charge in the North America water treatment business, recorded in the second quarter. (A. O. Smith Q3 2026 release, Oct 29, 2026; A. O. Smith Form 10-Q, Q3 2026, Oct 29, 2026)

Interest expense rose to $7.7 million from $3.6 million because of the $470 million term loan taken out to buy Leonard Valve. The effective tax rate was 24.2%, against 23.2% a year earlier. Gross margin was 38.8%, against 38.7%. (A. O. Smith Form 10-Q, Q3 2026, Oct 29, 2026; A. O. Smith Q3 2026 release, Oct 29, 2026)

Buybacks lowered the share count. Average diluted shares were 136,098 thousand, against 140,895 thousand a year earlier. A. O. Smith spent $260.6 million to repurchase 4.2 million shares in the first nine months of 2026 and raised its dividend rate by 6% on October 12, 2026. (A. O. Smith Q3 2026 release, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

A. O. Smith gives a full-year outlook in its release, and after the China agreement it moved that outlook to a basis that excludes China for all of 2026. It now expects net sales excluding China of $3,270 million to $3,290 million, growth of about 4% on the 2025 figure of $3,155 million, and adjusted EPS excluding China of $3.42 to $3.52, against $3.42 for 2025 on the same basis. (A. O. Smith Q3 2026 release, Oct 29, 2026)

The adjusted range excludes about $20 million of expected full-year restructuring and impairment expenses in North America water treatment and the effect of future acquisitions. A. O. Smith expects full-year share repurchases of about $300 million and says it will prioritize buybacks with the after-tax proceeds of the China sale and about $80 million of cash it expects to repatriate. (A. O. Smith Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover A. O. Smith, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones A. O. Smith's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning AOS is on is AOS a buy or a sell?, what analysts expect next is on the AOS forecast, and what the company does is on the A. O. Smith Corporation (AOS) stock page.

Every number on this page can be traced to a document A. O. Smith published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.