Earnings release
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Nordson Corporation Reports Record Third Quarter Fiscal 2026 Results and Increases Full Year Guidance Third Quarter Highlights : • . • Sales were an all - time quarterly record of $ 818 million , an increase of 10 % year - over - year Earnings per diluted share were a record $ 2.73 , up 23 % . year - over - year Adjusted earnings per diluted share were $ 3.25 , also a quarterly record and up 19 % year - over - year Continued strength in demand with backlog up 35 % compared to prior year Increasing full year guidance for sales and earnings WESTLAKE , Ohio -- ( BUSINESS WIRE ) -- August 19 , 2026 -- Nordson Corporation ( Nasdaq : NDSN ) today reported results for the fiscal third quarter ended July 31 , 2026. Sales were a quarterly record of $ 818 million , an increase of 10 % compared to the prior year's third quarter sales of $ 742 million . The third quarter 2026 sales included an organic sales increase of approximately 12 % driven by growth in all segments . Organic sales growth was partially offset by the net unfavorable impact of a prior year divestiture and an acquisition in the second quarter . Net income was $ 153 million , or a record $ 2.73 of earnings per diluted share , compared to prior year's third quarter net income of $ 126 million , or $ 2.22 of earnings per diluted share . Third quarter 2026 earnings included a non - cash loss on a minority investment recognized during the quarter . Excluding this item and acquisition - related amortization and costs , third quarter adjusted earnings per diluted share were a record $ 3.25 , a 19 % increase from the prior year adjusted earnings per diluted share of $ 2.73 . Third quarter EBITDA reached an all - time quarterly record of $ 262 million , or 32 % of sales , an increase of 10 % compared to prior year EBITDA of $ 239 million , also at 32 % of sales . Commenting on the Company's fiscal 2026 third quarter results , Nordson President and Chief Executive Officer Sundaram Nagarajan said , " The strong momentum of the first half continued through the third quarter , delivering results above the high - end of our most recent earnings guidance . The team's strong execution of the Ascend Strategy , combined with our diversified portfolio , differentiated precision technology and operational excellence , positioned us to deliver record sales in all three segments while maintaining our best - in - class margin performance . In addition , strong free cash flow generation enabled us to further strengthen our balance sheet , return capital to shareholders , and continue investing in the business to support future growth . I want to thank our global employees for delivering on the needs of our customers and achieving another outstanding quarter . " Third Quarter Segment Results Record third quarter Industrial Precision Solutions sales of $ 367 million increased 5 % from the prior year , inclusive of an organic sales increase of 3 % , favorable currency translation of 1 % , and an acquisition contribution of 1 % . The organic sales increase was driven by strength in packaging , industrial coatings , polymer processing and nonwovens product lines . EBITDA in the quarter was $ 130 million , or 35 % of sales , in line with prior year third quarter EBITDA of $ 130 million . Medical and Fluid Solutions sales of $ 231 million , an all - time quarterly record , increased 5 % compared to the prior year third quarter . Excluding the divestiture of the contract manufacturing business , organic sales increased 11 % . The organic sales increase was driven by growth in engineered fluid solutions and medical product lines related to end market demand . EBITDA in the quarter was also a segment record $ 88 million , or 38 % of sales , up 6 % from the prior year third quarter EBITDA of $ 83 million . Record quarterly Advanced Technology Solutions sales of $ 220 million increased 28 % compared to the prior year third quarter , inclusive of an organic sales increase of 31 % and unfavorable currency translation of 3 % . The organic sales increase was driven by strong growth in electronics dispense and test and inspection product lines . EBITDA in the quarter was a segment record $ 66 million , or 30 % of sales , up 58 % from the prior year third quarter EBITDA of $ 42 million . 1