Company file · PH

Parker Hannifin

Parker Hannifin's revenue rose 8.3% in FY2026, to $21.5B, and net income rose 3.3% to $3.6B

Revenue rose 8.3% to $21.5B in FY2026, from $19.9B in FY2025. Net income rose 3.3% to $3.6B. Diversified Industrial was the largest segment, at 67% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2026 (filed Aug 21, 2026) · Latest quarter: 10-Q for the quarter ended Sep 30, 2026 (filed Nov 5, 2026) · Data pulled Nov 11, 2026

Key facts

Parker Hannifin (NYSE: PH) closed fiscal 2026 on Jun 30, 2026 with revenue of $21.5B, up 8.3% from a year before; net income came to $3.6B, up 3.3%. Its newest quarterly report covers the three months to Sep 30, 2026: revenue of $6.0B, up 17.9% on the same stretch of the prior year, and net income of $884M. Broken down by segment, Diversified Industrial led with 67% of fiscal 2026 revenue. Sources: 10-K for fiscal 2026 (filed Aug 21, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 5, 2026).

Revenue$21.5BFY2026 · +8.3% vs FY2025

Net income$3.6BFY2026 · +3.3% vs FY2025

Operating cash flow$4.4BFY2026 · +15.6% vs FY2025

Cash & equivalents$711Mat Sep 30, 2026 · +41.9% vs FY2026 end

Total debt$17.4Bat Sep 30, 2026 · +105.9% vs FY2026 end

Diluted shares128MFY2026 avg · −1.6% vs FY2025

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2026, filed Aug 21, 2026

Quarterly revenue: fiscal 2027 vs a year earlierFiscal Q1, $bn (each quarter from that quarter's 10-Q)

FY2026FY2027

Source: 10-Q filed Nov 5, 2026

How it makes money

By segment, FY2026

LineAmountSharevs FY2025
Diversified Industrial$14.4B67%+5.7%
Aerospace Systems$7.1B33%+14.2%

Source: 10-K FY2026, XBRL breakdown

By segment in FY2026: Diversified Industrial (67%) and Aerospace Systems (33%), as shares of total revenue. Total revenue was $21.5B.

By segment: three-year mixShare of the total each fiscal year

FY2024

73%27%

FY2025

69%31%

FY2026

67%33%

Diversified IndustrialAerospace Systems

Source: 10-K FY2026

By region, FY2026

United States$13.8B64%+7.5%

Non-US$7.7B36%+9.8%

Share is of the FY2026 total; the last column is the change from FY2025.

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q1 FY2027 (Jul to Sep 2026) compared with Q1 FY2026 (Jul to Sep 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q1 FY2027Q1 FY2026

Company

Revenue

$6.0B Q1 FY2027

$5.1B Q1 FY2026

17.9% increase

Net income

$884M Q1 FY2027

$808M Q1 FY2026

9.4% increase

Source: Parker Hannifin 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026

By segment

Diversified Industrial

$4.2B Q1 FY2027

$3.4B Q1 FY2026

20.6% increase

Aerospace Systems

$1.9B Q1 FY2027

$1.6B Q1 FY2026

13.8% increase

Source: Parker Hannifin 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026

Cash & equivalents $711M at Sep 30, 2026, vs $501M at FY2026 end.
Total debt $17.4B at Sep 30, 2026, vs $8.5B at FY2026 end.
Operating cash flow, first 3 months of fiscal 2027: $752M vs $782M a year earlier.

The bull case and the bear case

The bull case

Revenue rose 8.3% in FY2026 to $21.5B, from $19.9B a year earlier. 10-K, FY2026
Net income rose 3.3% in FY2026 to $3.6B, from $3.5B. 10-K, FY2026
Operating cash flow rose 15.6% in FY2026 to $4.4B. 10-K, FY2026
Diluted shares fell 1.6% in FY2026, so each share represents a larger slice of profit. 10-K, FY2026

The bear case

The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include economic cycles; costs and supply; trade and tariffs. 10-K, Item 1A

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Parker Hannifin is in the industrial machinery & supplies & components industry, part of the industrials sector. The SEC files it under Miscellaneous Fabricated Metal Products.

Parker Hannifin reports 2 segments: Diversified Industrial and Aerospace Systems.

Its fiscal year ends in June; the latest, FY2026, ended Jun 30, 2026.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the industrial machinery & supplies & components industry. They are not a summary of Parker Hannifin’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

Economic cyclesDemand for equipment and services rises and falls with business investment.
Costs and supplyMaterial, labor and supplier problems can raise costs or delay delivery.
Trade and tariffsTariffs and trade policy affect costs and sales.
Contracts and backlogLarge projects and government contracts can be delayed, cut or repriced.
Regulation and liabilitySafety, environmental and product-liability rules can raise costs.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2024	FY2025	FY2026
Revenue	$19.9B	$19.9B	$21.5B
Net income	$2.8B	$3.5B	$3.6B
Operating cash flow	$3.4B	$3.8B	$4.4B
Cash & equivalents (year end)	$422M	$467M	$501M
Total debt (year end)	$10.5B	$9.3B	$8.5B
Diluted shares	130M	130M	128M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income including the share that belongs to minority owners of subsidiaries.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: Commercial paper plus long-term debt, at carrying value, including the part of long-term debt due within one year.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

Parker Hannifin names its fiscal year by the calendar year in which it ends, so FY2026 is the year that ended Jun 30, 2026.
Net income here includes the share that belongs to minority owners of subsidiaries, the figure the company's tagged data carries for the whole business.

Recent filings

Form	Filed	Period
10-Q	Nov 5, 2026	Sep 30, 2026
DEF 14A	Sep 18, 2026	Oct 28, 2026
10-K	Aug 21, 2026	Jun 30, 2026

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Parker Hannifin

How does Parker Hannifin make money?

Fiscal 2026 revenue: $21.5B. By segment in FY2026: Diversified Industrial (67%) and Aerospace Systems (33%), as shares of total revenue. Total revenue was $21.5B. Source: 10-K for fiscal 2026, filed Aug 21, 2026.

What was Parker Hannifin's revenue in fiscal 2026?

$21.5B, up 8.3% from fiscal 2025 ($19.9B). The year ended Jun 30, 2026; for fiscal 2024 the figure was $19.9B. Source: 10-K for fiscal 2026, filed Aug 21, 2026.

Is Parker Hannifin profitable?

Net income was $3.6B in fiscal 2026 (up 3.3%; fiscal 2025 was $3.5B). That counts as a GAAP profit. The latest quarter, ended Sep 30, 2026: net income was $884M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2026, filed Aug 21, 2026.

What did Parker Hannifin report in its latest quarterly filing?

For the three months to Sep 30, 2026: revenue $6.0B (up 17.9% from $5.1B) and net income $884M (up 9.4% from $808M). Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 5, 2026.

How much cash and debt does Parker Hannifin have?

As of Sep 30, 2026: $711M of cash and cash equivalents, $17.4B of total debt. Total debt here is commercial paper plus long-term debt, at carrying value, including the part of long-term debt due within one year. Source: 10-Q filed Nov 5, 2026.

What are the main risks Parker Hannifin faces?

Parker Hannifin's own risk factors are in Item 1A of its 10-K for fiscal 2026, filed Aug 21, 2026. Risks that are common among companies in the industrial machinery & supplies & components industry include Economic cycles; costs and supply; trade and tariffs; contracts and backlog; regulation and liability. The first: Demand for equipment and services rises and falls with business investment. Source: 10-K, Item 1A Risk Factors.

Where do these Parker Hannifin numbers come from?

The 10-K filed Aug 21, 2026 (fiscal 2026) and the 10-Q filed Nov 5, 2026 (quarter ended Sep 30, 2026), as published in the SEC's XBRL data. Click any number to open the filing it came from. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Parker Hannifin

Citadel Advisors: 285,363 shares, reported value $279.1M at Jun 30, 2026 (−43.3% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Millennium Management: 148,837 shares, reported value $145.6M at Jun 30, 2026 (−1.5% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Two Sigma Investments: 104,981 shares, reported value $102.7M at Jun 30, 2026 (+5,046.1% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Bridgewater Associates: 12,017 shares, reported value $11.8M at Jun 30, 2026 (−43.6% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in PH: The editor holds no position in Parker Hannifin (PH). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell PH from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 9, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold PH, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
Parker HannifinPH	FY2026	$21.5B	+8.3%	$3.6B
Illinois Tool WorksITW	FY2025	$16.0B	+0.9%	$3.1B
W. W. GraingerGWW	FY2025	$17.9B	+4.5%	$1.7B
Ingersoll RandIR	FY2025	$7.7B	+5.7%	$581M
Otis WorldwideOTIS	FY2025	$14.4B	+1.2%	$1.4B

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

More company files

New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.