Parker Hannifin (PH) Earnings: Q1 Fiscal 2027 Results and Next Report Date

Last updated November 2026

Short answer

Parker Hannifin reported revenue of $6.0 billion for Q1 fiscal 2027, up 18% from a year earlier (Parker Hannifin, Nov 5, 2026). Diluted EPS was $6.92, up 10% from $6.29. Diversified Industrial brought in $4,152 million, up 21%. Parker Hannifin next reports around January 28, 2027 (an estimated date). Every figure is from Parker Hannifin's release. Walnut is informational, not investment advice.

PH Q1 fiscal 2027 results

In one sentence

Parker Hannifin reported revenue of $6.0 billion for Q1 fiscal 2027, up 18% from a year earlier (Parker Hannifin, Nov 5, 2026).

MeasureQ1 fiscal 2027Q1 fiscal 2026Change
Revenue$5,992 million$5,084 millionup 18%
Diluted EPS (GAAP)$6.92$6.29up 10%
Diluted EPS (adjusted)$8.90$7.22up 23%
Net income$884 million$808 millionup 9%

The quarter ended September 30, 2026 and Parker Hannifin published the results on November 5, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. Parker Hannifin 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.

  • Parker Hannifin's fiscal year ends June 30, so the quarter ended September 30, 2026 is the first quarter of fiscal 2027.
  • Parker Hannifin completed its acquisition of Filtration Group Corporation on August 13, 2026, for about $9.1 billion net of cash acquired. It is reported within the Diversified Industrial segment, and the fiscal 2027 outlook now includes it.
  • The Corporate row is IEEPA tariff-related returns to customers, which reduced net sales by $27 million in the quarter.

Source: Parker Hannifin Q1 fiscal 2027 results, November 5, 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.

PH revenue by segment

How Parker Hannifin splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

Net sales by segmentQ1 fiscal 2027Q1 fiscal 2026Change
Diversified Industrial$4,152 million$3,443 millionup 21%
North America Businesses$2,445 million$2,044 millionup 20%
International Businesses$1,707 million$1,399 millionup 22%
Aerospace Systems$1,867 million$1,641 millionup 14%
Corporate-$27.0 million$0.0 millionn/a
  • Parker Hannifin's Diversified Industrial revenue was $4.2 billion in Q1 fiscal 2027, up 21% from $3.4 billion in Q1 fiscal 2026, 69% of total revenue.
  • Parker Hannifin's Aerospace Systems revenue was $1.9 billion in Q1 fiscal 2027, up 14% from $1.6 billion in Q1 fiscal 2026, 31% 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.

Parker Hannifin's outlook for fiscal year ending June 30, 2027

From the earnings release

In its Q1 fiscal 2027 release, Parker Hannifin said:

“Reported sales growth of 16.0% to 19.0%”

“Organic sales growth of 7.5% to 10.5%; acquisitions of 9%, and currency of (0.5%)”

“Segment operating margin of 23.6% to 24.0%, or 27.7% to 28.1% on an adjusted basis”

“EPS of $29.65 to $30.45, or $36.45 to $37.25 on an adjusted basis”

Source: Parker Hannifin Q1 FY27 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the PH forecast page.

PH recent quarters

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

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$5,992 million$6.92Nov 5, 2026
Q4 fiscal 2026
ended Jun 30, 2026
$5,755 million$8.54Aug 6, 2026
Q3 fiscal 2026
ended Mar 31, 2026
$5,486 million$7.06Apr 30, 2026
Q2 fiscal 2026
ended Dec 31, 2025
$5,174 million$6.60Jan 29, 2026
Q1 fiscal 2026
ended Sep 30, 2025
$5,084 million$6.29Nov 6, 2025

Net sales and GAAP diluted EPS, each as first reported in that quarter's earnings release.

When does PH report earnings next?

Parker Hannifin'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 Q1 fiscal 2027 until those results are out and have been checked against the release.

Past Parker Hannifin quarterly reports

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.

  • Q1 fiscal 2027 (this page), reported Nov 5, 2026

What Parker Hannifin's revenue is made of

Parker Hannifin reports two segments. Diversified Industrial had net sales of $4,152 million in Q1 fiscal 2027, split between North America Businesses ($2,445 million) and International Businesses ($1,707 million). Aerospace Systems had $1,867 million. Total segment sales were $6,019 million, and a negative $27 million at Corporate, for IEEPA tariff-related returns to customers, brought total net sales to $5,992 million. (Parker Hannifin Q1 FY27 release, Nov 5, 2026)

Within Diversified Industrial, Parker Hannifin breaks revenue out by technology platform: Filtration and Engineered Materials was $1,891 million (from $1,461 million a year earlier), Flow and Process Control $1,335 million and Motion Systems $926 million. Aerospace Systems is split by market: commercial aftermarket $671 million, commercial OEM $642 million, defense OEM $323 million and defense aftermarket $231 million. Diversified Industrial sells to OEMs and to distributors who serve aftermarket replacement markets, according to the 10-K. (Parker Hannifin Form 10-Q, Q1 FY27, Nov 5, 2026; Parker Hannifin Form 10-K, fiscal 2026, Aug 21, 2026)

Net sales rose 17.9%, or $908 million. Organic sales grew 11.5% and acquisitions added 6.9%. Incremental sales from the Filtration Group and Curtis acquisitions were about $349 million. Organic growth was 9.4% in North America, driven by in-plant and industrial equipment, aerospace and defense, transportation and off-highway, and 11.6% in the international businesses, led by Asia Pacific at 23.4% on electronics and semiconductor demand. (Parker Hannifin Q1 FY27 release, Nov 5, 2026; Parker Hannifin Form 10-Q, Q1 FY27, Nov 5, 2026)

Parker Hannifin acquired Filtration Group Corporation from Madison Industries on August 13, 2026, for approximately $9.1 billion net of cash acquired. The 10-Q says it expands Parker's presence in life sciences, HVAC and refrigeration, and in-plant and industrial markets. By selling location, North America accounted for $4,015 million of net sales, EMEA $1,104 million, Asia Pacific $818 million and Latin America $55 million. (Parker Hannifin Form 10-Q, Q1 FY27, Nov 5, 2026)

What Parker Hannifin's EPS includes

Parker Hannifin's GAAP diluted EPS was $6.92 in Q1 fiscal 2027 and adjusted EPS was $8.90. The biggest adjustment was amortization of acquired intangibles, $1.48 per share. Acquisition-related expenses added back $0.61, integration costs $0.18, business realignment charges $0.13 and net tariff refunds $0.17, less a $0.59 tax effect. (Parker Hannifin Q1 FY27 release, Nov 5, 2026)

Parker Hannifin's interest expense rose to $146 million from $101 million as it borrowed to pay for Filtration Group: long-term debt was $12,734 million at September 30, 2026, against $6,766 million at June 30, 2026. The effective tax rate was 22.3% in both quarters. (Parker Hannifin Q1 FY27 release, Nov 5, 2026; Parker Hannifin Form 10-Q, Q1 FY27, Nov 5, 2026)

Diluted weighted average shares were 127.8 million, against 128.4 million a year earlier. Parker Hannifin repurchased 0.1 million shares for $75 million in the quarter, down from 0.6 million shares for $475 million a year earlier, and 18.8 million shares remained available under its authorization. (Parker Hannifin Q1 FY27 release, Nov 5, 2026; Parker Hannifin Form 10-Q, Q1 FY27, Nov 5, 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.

Consensus and guidance at Parker Hannifin

Parker Hannifin gives a full-year outlook in its release and raised it with Q1 fiscal 2027 results, now including Filtration Group. For the fiscal year ending June 30, 2027 it expects reported sales growth of 16.0% to 19.0%, organic growth of 7.5% to 10.5%, segment operating margin of 23.6% to 24.0% (27.7% to 28.1% adjusted) and EPS of $29.65 to $30.45, or $36.45 to $37.25 adjusted. (Parker Hannifin Q1 FY27 release, Nov 5, 2026)

The outlook also includes free cash flow of $3,500 to $4,000 million, from cash flow from operations of $4,125 to $4,625 million less about $625 million of capital expenditures. (Parker Hannifin Q1 FY27 release, Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover Parker Hannifin, 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 numbers analysts watch at Parker Hannifin

The figures below are the ones Parker Hannifin's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

MetricLatest reported
Organic sales growth
11.5%
Aerospace Systems 13.9%; Diversified Industrial 10.3%
Adjusted segment operating margin
28.6%, up 120 bps
GAAP segment operating margin 24.4%, up 20 bps
Backlog
$13.7 billion
Aerospace Systems $8,684 million; Diversified Industrial $5,016 million
Rolling 12-month order rates
+13%
North America +11%, International +14%, Aerospace Systems +14%
Aerospace commercial aftermarket sales
$671 million, from $594 million
Acquisition spending
$9,102 million in the quarter
Filtration Group, about $9.1 billion net of cash acquired

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

How to check PH's figures yourself

Every number on this page can be traced to a document Parker Hannifin 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.

Your questions about Parker Hannifin

Ask Walnut's AI anything about PH and see how it fits what you own.

FAQ

What was Parker Hannifin's revenue last quarter?

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Parker Hannifin reported revenue of $5,992 million for Q1 fiscal 2027, the quarter ended September 30, 2026, against $5,084 million in Q1 fiscal 2026 (up 18%). The figures come from Parker Hannifin's results release of November 5, 2026.

What were PH's earnings per share for Q1 fiscal 2027?

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Diluted EPS was $6.92 on a GAAP basis, against $6.29 a year earlier. On Parker Hannifin's adjusted basis it was $8.90, against $7.22. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did Parker Hannifin give for fiscal year ending June 30, 2027?

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In its Q1 fiscal 2027 release, Parker Hannifin said: "Reported sales growth of 16.0% to 19.0% Organic sales growth of 7.5% to 10.5%; acquisitions of 9%, and currency of (0.5%) Segment operating margin of 23.6% to 24.0%, or 27.7% to 28.1% on an adjusted basis EPS of $29.65 to $30.45, or $36.45 to $37.25 on an adjusted basis" That is the company's own outlook as of Nov 5, 2026, and companies revise outlooks as the quarter goes on.

When does PH report earnings next?

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Parker Hannifin's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not confirmed. This page carries Q1 fiscal 2027 until those results are out and checked against the release.

Where does Parker Hannifin's revenue come from?

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Parker Hannifin's Diversified Industrial revenue was $4.2 billion in Q1 fiscal 2027, up 21% from $3.4 billion in Q1 fiscal 2026, 69% of total revenue. Parker Hannifin's Aerospace Systems revenue was $1.9 billion in Q1 fiscal 2027, up 14% from $1.6 billion in Q1 fiscal 2026, 31% of total revenue. These are the lines of Parker Hannifin's own "net sales by segment" table for Q1 fiscal 2027.

How much did Parker Hannifin's revenue grow last quarter?

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Up 18% on the year: $5,992 million in Q1 fiscal 2027 against $5,084 million in Q1 fiscal 2026. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Parker Hannifin's business do not distort it.

What is the difference between Parker Hannifin's GAAP and adjusted EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Parker Hannifin's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q1 fiscal 2027 the two were $6.92 and $8.90. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Why is Parker Hannifin's quarter called Q1 fiscal 2027?

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Parker Hannifin's fiscal year does not follow the calendar year, so Q1 fiscal 2027 is the quarter that ended September 30, 2026. When you compare PH with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.

Where do the PH numbers on this page come from?

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From Parker Hannifin's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Parker Hannifin's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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