Snap-on Incorporated (SNA) Earnings: Q3 Fiscal 2026 Results
Last updated November 2026
Short answer
Snap-on reported revenue of $1.3 billion for Q3 fiscal 2026, down 1% from a year earlier (Snap-on, Oct 22, 2026). Diluted EPS was $4.64, down 8% from $5.02. Commercial & Industrial Group brought in $404 million, up 10%. Every figure is from Snap-on's release. Walnut is informational, not investment advice.
SNA Q3 fiscal 2026 results
In one sentence
Snap-on reported revenue of $1.3 billion for Q3 fiscal 2026, down 1% from a year earlier (Snap-on, Oct 22, 2026).
| Measure | Q3 fiscal 2026 | Q3 fiscal 2025 | Change |
|---|---|---|---|
| Revenue | $1,282 million | $1,292 million | down 1% |
| Diluted EPS | $4.64 | $5.02 | down 8% |
| Net income | $243 million | $265 million | down 8% |
The quarter ended October 3, 2026 and Snap-on published the results on October 22, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.
- Revenue here is Snap-on's total revenues: net sales of $1,183.7 million plus financial services revenue of $98.6 million. Segment sales include intersegment sales, which are eliminated in the total.
- Q3 2025 operating earnings included a $22.0 million benefit from the settlement of a legal matter, worth $0.31 per diluted share after tax.
- Snap-on's fiscal 2025 had 53 weeks, with the extra week in the fourth quarter ended January 3, 2026.
Source: Snap-on Q3 2026 results, October 22, 2026. Also in the Form 10-Q for the quarter ended October 3, 2026. Figures as reported; checked against the release on November 10, 2026.
SNA revenue by segment
How Snap-on splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.
| Revenue by segment | Q3 fiscal 2026 | Q3 fiscal 2025 | Change |
|---|---|---|---|
| Commercial & Industrial Group | $404 million | $368 million | up 10% |
| Snap-on Tools Group | $472 million | $506 million | down 7% |
| Repair Systems & Information Group | $455 million | $465 million | down 2% |
| Intersegment eliminations | -$147 million | -$148 million | n/a |
| Financial Services revenue | $98.6 million | $101 million | down 2% |
- Snap-on's Commercial & Industrial Group revenue was $404 million in Q3 fiscal 2026, up 10% from $368 million in Q3 fiscal 2025, 32% of total revenue.
- Snap-on's Snap-on Tools Group revenue was $472 million in Q3 fiscal 2026, down 7% from $506 million in Q3 fiscal 2025, 37% of total revenue.
- Snap-on's Repair Systems & Information Group revenue was $455 million in Q3 fiscal 2026, down 2% from $465 million in Q3 fiscal 2025, 35% of total revenue.
- Snap-on's Financial Services revenue revenue was $98.6 million in Q3 fiscal 2026, down 2% from $101 million in Q3 fiscal 2025, 8% 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.
Snap-on's outlook for full year 2026
From the earnings release
Snap-on does not give a revenue or EPS outlook. Its release outlook covers capital spending and the tax rate.
In its Q3 fiscal 2026 release, Snap-on said:
“project that capital expenditures in 2026 will approximate $100 million, of which $69.0 million was incurred in the first nine months of the year.”
“Snap-on currently anticipates that its full-year 2026 effective income tax rate will approximate 22%.”
Source: Snap-on Q3 2026 release, Oct 22, 2026.
This is the company's own guidance as of Oct 22, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SNA forecast page.
SNA recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Oct 3, 2026 | $1,282 million | $4.64 | Oct 22, 2026 |
Q2 fiscal 2026 ended Jul 4, 2026 | $1,335 million | $4.96 | Jul 23, 2026 |
Q1 fiscal 2026 ended Apr 4, 2026 | $1,308 million | $4.69 | Apr 23, 2026 |
Q4 fiscal 2025 ended Jan 3, 2026 | $1,340 million | $4.94 | Feb 5, 2026 |
Q3 fiscal 2025 ended Sep 27, 2025 | $1,292 million | $5.02 | Oct 16, 2025 |
Total revenues (net sales plus financial services revenue) and GAAP diluted EPS, each as first reported in that quarter's release. Q4 fiscal 2025 had 14 weeks.
When does SNA report earnings next?
We do not hold a confirmed date for Snap-on's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Snap-on 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.
- Q3 fiscal 2026 (this page), reported Oct 22, 2026
What Snap-on's revenue is made of
Snap-on's total revenues of $1,282.3 million in Q3 2026 were net sales of $1,183.7 million plus $98.6 million of financial services revenue, mostly interest on the extended-term payment contracts Snap-on Credit writes for technicians and shop owners buying its products. Net sales fell $7.1 million, or 0.6%: a $33.1 million, or 2.8%, organic decline, partly offset by $25.6 million of acquisition-related sales. (Snap-on Q3 2026 release, Oct 22, 2026; Snap-on Form 10-Q, Q3 2026, Oct 22, 2026)
The Snap-on Tools Group sells to vehicle service and repair technicians through the mobile van channel. Its sales fell to $471.5 million from $506.0 million, a 7.0% organic decline, which Snap-on tied to an accelerated rise in diesel prices that led franchisees to reduce inventories even though demand from their technician customers was very stable. (Snap-on Q3 2026 release, Oct 22, 2026; Snap-on Form 10-K, fiscal 2025, Feb 12, 2026)
The Commercial & Industrial Group, which serves critical industries such as aerospace, power generation and the military, grew sales to $404.3 million from $367.7 million, with a 7.4% organic gain and $10.0 million from acquisitions. The Repair Systems & Information Group, which sells to independent repair shops and OEM dealerships, fell to $454.7 million on a 5.5% organic decline from reduced activity with OEM dealerships, partly offset by $15.6 million of acquisition-related sales. (Snap-on Q3 2026 release, Oct 22, 2026; Snap-on Form 10-K, fiscal 2025, Feb 12, 2026)
The acquisition-related sales came from three 2026 deals: Diesel Laptops (diagnostics and repair information, bought June 8, 2026 for $99.7 million and placed in Repair Systems & Information), Hi-Force (hydraulic tools and torque equipment, bought April 30, 2026 for $57.2 million and placed in Commercial & Industrial) and the assets of Car-O-Liner Australia. (Snap-on Form 10-Q, Q3 2026, Oct 22, 2026)
North America, which Snap-on defines as the United States, Canada and Mexico, accounted for $861.3 million of external net sales in the quarter, against $889.7 million a year earlier. Europe contributed $186.8 million and all other regions $135.6 million. (Snap-on Form 10-Q, Q3 2026, Oct 22, 2026)
What Snap-on's EPS includes
Snap-on reports one EPS figure, on a GAAP basis. Diluted EPS fell to $4.64 in Q3 2026 from $5.02, and the year-ago figure included a $16.2 million, or $0.31 per diluted share, after-tax benefit from a legal settlement booked in the Repair Systems & Information Group. (Snap-on Q3 2026 release, Oct 22, 2026)
Gross margin held at 51.0%, up 10 basis points on Snap-on's Rapid Continuous Improvement initiatives, partly offset by higher material costs. Operating earnings before financial services fell to $248.1 million, or 21.0% of net sales, from $278.5 million, or 23.4%. Financial services operating earnings were $68.3 million, against $68.9 million. (Snap-on Form 10-Q, Q3 2026, Oct 22, 2026; Snap-on Q3 2026 release, Oct 22, 2026)
The effective tax rate was 22.3%, against 22.6%. Diluted shares fell to 52.4 million from 52.9 million, and in the first nine months of 2026 Snap-on repurchased 728,500 shares for $278.4 million, with $431.2 million of authorization remaining at October 3, 2026. (Snap-on Q3 2026 release, Oct 22, 2026; Snap-on Form 10-Q, Q3 2026, Oct 22, 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 Snap-on
Snap-on does not give a revenue or EPS outlook in its release. For 2026 it projects capital expenditures of about $100 million, of which $69.0 million was spent in the first nine months, and a full-year effective tax rate of about 22%. (Snap-on Q3 2026 release, Oct 22, 2026)
A consensus figure is the average of the models published by the analysts who cover Snap-on, 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 Snap-on
The figures below are the ones Snap-on's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Organic net sales change | Down 2.8% Tools Group down 7.0%, Repair Systems & Information down 5.5%, Commercial & Industrial up 7.4% Snap-on Q3 2026 release, Oct 22, 2026 |
| Gross margin | 51.0%, up 10 basis points Snap-on Form 10-Q, Q3 2026, Oct 22, 2026 |
| Operating margin before financial services | 21.0%, against 23.4% The year-ago figure included 190 basis points from the legal settlement Snap-on Q3 2026 release, Oct 22, 2026 |
| Financial services originations | $270.6 million, down 1.3% Financial services revenue $98.6 million, against $101.1 million Snap-on Q3 2026 release, Oct 22, 2026 |
| Snap-on Tools Group operating margin | 18.0%, against 21.7% Snap-on Q3 2026 release, Oct 22, 2026 |
| Commercial & Industrial operating margin | 18.5%, against 15.6% Snap-on Q3 2026 release, Oct 22, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning SNA is on is SNA a buy or a sell?, what analysts expect next is on the SNA forecast, and what the company does is on the Snap-on Incorporated (SNA) stock page.
How to check SNA's figures yourself
Every number on this page can be traced to a document Snap-on 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 Snap-on
Ask Walnut's AI anything about SNA and see how it fits what you own.
FAQ
What was Snap-on's revenue last quarter?
+
Snap-on reported revenue of $1,282 million for Q3 fiscal 2026, the quarter ended October 3, 2026, against $1,292 million in Q3 fiscal 2025 (down 1%). The figures come from Snap-on's results release of October 22, 2026.
What guidance did Snap-on give for full year 2026?
+
Snap-on does not give a revenue or EPS outlook. Its release outlook covers capital spending and the tax rate. In its Q3 fiscal 2026 release, Snap-on said: "project that capital expenditures in 2026 will approximate $100 million, of which $69.0 million was incurred in the first nine months of the year. Snap-on currently anticipates that its full-year 2026 effective income tax rate will approximate 22%." That is the company's own outlook as of Oct 22, 2026, and companies revise outlooks as the quarter goes on.
When does SNA report earnings next?
+
We do not hold a confirmed date for Snap-on's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Snap-on's revenue come from?
+
Snap-on's Commercial & Industrial Group revenue was $404 million in Q3 fiscal 2026, up 10% from $368 million in Q3 fiscal 2025, 32% of total revenue. Snap-on's Snap-on Tools Group revenue was $472 million in Q3 fiscal 2026, down 7% from $506 million in Q3 fiscal 2025, 37% of total revenue. Snap-on's Repair Systems & Information Group revenue was $455 million in Q3 fiscal 2026, down 2% from $465 million in Q3 fiscal 2025, 35% of total revenue. Snap-on's Financial Services revenue revenue was $98.6 million in Q3 fiscal 2026, down 2% from $101 million in Q3 fiscal 2025, 8% of total revenue. These are the lines of Snap-on's own "revenue by segment" table for Q3 fiscal 2026.
How much did Snap-on's revenue grow last quarter?
+
Down 1% on the year: $1,282 million in Q3 fiscal 2026 against $1,292 million in Q3 fiscal 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Snap-on's business do not distort it.
Why is Snap-on's quarter called Q3 fiscal 2026?
+
Snap-on's fiscal year does not follow the calendar year, so Q3 fiscal 2026 is the quarter that ended October 3, 2026. When you compare SNA with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.
Where do the SNA numbers on this page come from?
+
From Snap-on's own results release and its Form 10-Q for the quarter ended October 3, 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 Snap-on'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.