PKOH earnings analysis
What we found in PKOH'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
ParkOhio reported Q1 2026 results with revenue of $421 million, a 3.8% increase from $405.4 million in Q1 2025, and matched EPS of $0.65, aligned with estimates. The company noted segment growth but incurred higher operational expenses. Management affirmed its full-year 2026 guidance with an optimistic outlook despite strategic reviews of its SSP segment.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth Acceleration
- Net sales increased by 3.8% year-over-year, reaching $421.0 million compared to $405.4 million in Q1 2025.
- Gross Margin Improvement
- Gross margin improved to 17.3% in Q1 2026 from 16.8% in Q1 2025.
- Stable EPS Performance
- Reported EPS of $0.65 matched consensus expectations and maintained year-over-year benchmarks.
- Operating Income Increase
- Operating income rose to $19.7 million from $18.9 million, an increase of 4.2%.
- Segment Growth in Engineered Products
- Engineered Products segment saw a revenue increase of 4.1%, driven by demand in defense and power sectors.
- Liquidity Remains Strong
- Total liquidity at $199 million, consisting of $46.7 million in cash and $152.3 million available under credit.
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.
- Increased SG&A Expenses
- SG&A expenses rose to $51.7 million from $48.2 million, driven by inflation and higher staffing costs.
- Higher Interest Expense
- Interest expense increased to $12.3 million in Q1 2026 from $11.0 million in Q1 2025 due to higher debt costs.
- Strategic Review of SSP Business
- The review of the SSP business could result in capital and resource reallocation, affecting overall performance.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.65
- Gross margin
- 17.3%
- Operating margin
- 4.7%
- Segment
- Supply Technologies
- Segment
- Assembly Components
- Segment
- Engineered Products
What they said about what is next.
Full-year 2026 guidance reaffirmed, reflecting 5% to 7% revenue growth and increased EPS.
The filing reads better than the one before it.
What came before.
- 10-K · March 5, 2026
- Park‑Ohio reports FY2025 net sales of $1,599.1 million, a 3.4% decline year-over-year, with operating income falling to $66.3 million and diluted EPS of $1.70. Management generated positive operating cash flow of $42.3…
- 10-Q · November 6, 2025
- Park-Ohio reported Q3 net sales of $398.6 million, down from $417.6 million in Q3 2024, with operating income declining to $17.3 million (from $23.6 million) and diluted EPS falling to $0.38 (from $0.73) year-over-year.…
- 10-Q · May 7, 2025
- Park‑Ohio reported Q1 2025 sales of $405.4 million, down from $417.6 million a year ago (−$12.2M, −2.9%) and up versus the prior quarter ($388.4M) by ~$17.0M. Gross margin was 16.8% ($68.1M gross profit) and operating…
- 10-Q · November 7, 2024
- Park‑Ohio reported Q3 net sales of $417.6 million, essentially flat versus $418.8 million in Q3 2023, while gross margin expanded to ~17.3% and operating income fell to $23.6 million from $27.0 million a year ago. EPS…
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 PKOH 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