NDSN earnings analysis
What we found in NDSN's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Nordson delivered record third-quarter revenue of $817.667 million, beating consensus by 4.9%, while adjusted EPS of $3.25 exceeded the $3.09 estimate. GAAP diluted EPS was lower at $2.73, but management raised full-year sales guidance to $3.035-$3.075 billion and adjusted EPS guidance to $11.80-$12.00. Backlog growth of 35% year over year provides positive demand visibility, although the adjusted-to-GAAP earnings gap and repurchase funding through cash and borrowings remain considerations.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Record revenue beat estimates
- Third-quarter revenue reached a record $817.667 million, up from $741 million in the prior quarter and $742 million in the prior-year quarter. Revenue exceeded the $779.354 million consensus estimate by 4.9%.
- Adjusted EPS beat; GAAP EPS lower
- Adjusted EPS was a record $3.25, 5.2% above the $3.09 consensus estimate. GAAP diluted EPS was $2.73, reflecting a $0.52 difference from adjusted EPS.
- Full-year guidance raised
- Full-year sales guidance was raised to $3.035-$3.075 billion, while adjusted EPS guidance was raised to $11.80-$12.00.
- Backlog growth improved visibility
- Backlog increased 35% year over year, supporting continued demand visibility into future periods.
- Share repurchases continued
- The company repurchased 101,401 shares under announced programs during the quarter, at an average price of $287.34 per share; $569,444 remained available under existing authorizations.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Adjusted-to-GAAP earnings gap
- GAAP diluted EPS of $2.73 was below the $3.09 consensus estimate, despite adjusted EPS of $3.25; the $0.52 adjusted-to-GAAP gap indicates material non-operating or non-cash items affecting reported earnings.
- Capital returns use cash and borrowings
- The company repurchased 102,153 shares during the quarter and states that the program will be funded with cash from operations and proceeds from borrowings under its credit facilities; $569,444 remained available for repurchases at July 31, 2026.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $2.73
What they said about what is next.
Full-year adjusted EPS guidance was raised to $11.80-$12.00 and full-year sales guidance to $3.035-$3.075 billion. The 10-Q extract does not provide separate quarterly numeric guidance.
The filing reads better than the one before it.
What came before.
- 10-Q · May 21, 2026
- Nordson Corporation reported strong Q2 2026 results with revenue of $740.8 million, a 8.5% increase year-over-year. Diluted EPS rose to $2.86, exceeding estimates, and management expects continued growth driven by…
- 10-Q · February 19, 2026
- Nordson reported Q1 sales of $669,461,000 (vs. $615,420,000 a year earlier) and diluted EPS of $2.38 (vs. $1.65). Gross margin was 54.7% and operating profit was $166,405,000, supported by a $20,837,000 other‑income…
- 10-Q · May 29, 2025
- Nordson reported quarterly sales of $682,938,000 and diluted EPS of $1.97 for the three months ended April 30, 2025. Revenue rose versus the prior-year quarter while operating profit was essentially flat; higher…
- 10-K · December 20, 2023
- Nordson positions itself as a precision-technology company executing its Ascend strategy (launched in 2021) to drive top-tier revenue growth and leading margins via the NBS Next framework, Owner Mindset and Winning…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing NDSN makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever