Applied Industrial Technologies, Inc. (AIT) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	5.0B	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	957.3M	957.3M	884.6M	840.8M	813.8M
General & Admin Expense	528.1M	—	884.6M	840.8M	813.8M
Selling & Marketing Expense	232.4M	957.3M	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	957.3M	957.3M	884.6M	840.8M	813.8M
Cost and Expenses	4.4B	4.4B	4.1B	4.0B	3.9B
Operating Income (EBIT)	549.5M	549.5M	498.5M	495.8M	473.2M
Non-Operating
Interest Income	—	—	17.6M	17.7M	3.2M
Interest Expense	7.9M	7.9M	34.3M	20.5M	24.8M
Net Interest Income	(7.9M)	(7.9M)	(16.7M)	(2.8M)	(21.6M)
Other Non-Op Income/Expense	(5.2M)	(5.2M)	2.4M	2.3M	(23.3M)
Non-Operating Income (excl Interest)	(2.7M)	(2.7M)	(20.7M)	(22.9M)	(1.4M)
EBT (Pre-Tax Income)	544.3M	544.3M	501.0M	498.1M	449.8M
Income Tax Expense	129.7M	129.7M	108.0M	112.4M	103.1M
Bottom Line
Net Income	414.5M	414.5M	393.0M	385.8M	346.7M
Earnings from Cont. Ops	414.5M	414.5M	393.0M	385.8M	346.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	414.5M	414.5M	393.0M	385.8M	346.7M
Per Share
Basic EPS	$11.09	$11.09	$10.26	$9.98	$8.98
Diluted EPS	$10.95	$10.95	$10.12	$9.83	$8.84
Revenue Per Share	$132.88	$132.88	$119.18	$115.83	$114.34
Shares
Basic Shares Outstanding	37.4M	37.4M	38.3M	38.7M	38.6M
Diluted Shares Outstanding	37.9M	37.9M	38.8M	39.3M	39.2M
Profitability Metrics
EBITDA	552.2M	552.2M	579.7M	571.0M	527.7M
D&A	—	—	60.5M	52.4M	53.1M
EBIT	552.2M	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 Jun 1, 2026