APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	5.1B	5.0B	4.6B	4.5B	4.4B
Cost of Revenue	3.5B	3.5B	3.2B	3.1B	3.1B
Gross Profit	1.5B	1.5B	1.4B	1.3B	1.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	973.5M	957.3M	884.6M	840.8M	813.8M
General & Admin Expense	776.7M	—	884.6M	840.8M	813.8M
Selling & Marketing Expense	—	957.3M	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	973.5M	957.3M	884.6M	840.8M	813.8M
Cost and Expenses	4.5B	4.4B	4.1B	4.0B	3.9B
Operating Income (EBIT)	564.0M	549.5M	498.5M	495.8M	473.2M
Non-Operating
Interest Income	—	—	17.6M	17.7M	3.2M
Interest Expense	10.0M	7.9M	34.3M	20.5M	24.8M
Net Interest Income	(10.0M)	(7.9M)	(16.7M)	(2.8M)	(21.6M)
Other Non-Op Income/Expense	(7.4M)	(5.2M)	2.4M	2.3M	(23.3M)
Non-Operating Income (excl Interest)	(2.6M)	(2.7M)	(20.7M)	(22.9M)	(1.4M)
EBT (Pre-Tax Income)	556.6M	544.3M	501.0M	498.1M	449.8M
Income Tax Expense	132.5M	129.7M	108.0M	112.4M	103.1M
Bottom Line
Net Income	424.1M	414.5M	393.0M	385.8M	346.7M
Earnings from Cont. Ops	424.1M	414.5M	393.0M	385.8M	346.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	424.1M	414.5M	393.0M	385.8M	346.7M
Per Share
Basic EPS	$11.43	$11.09	$10.26	$9.98	$8.98
Diluted EPS	$11.29	$10.95	$10.12	$9.83	$8.84
Revenue Per Share	$137.81	$132.88	$119.18	$115.83	$114.34
Shares
Basic Shares Outstanding	36.7M	37.4M	38.3M	38.7M	38.6M
Diluted Shares Outstanding	37.2M	37.9M	38.8M	39.3M	39.2M
Profitability Metrics
EBITDA	632.2M	618.2M	579.7M	571.0M	527.7M
D&A	65.5M	65.9M	60.5M	52.4M	53.1M
EBIT	566.7M	552.2M	519.2M	518.7M	474.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026