Brady Corp - Class A
Q4 2026 Earnings
Q4 GAAP EPS of $0.96 includes $0.35 per share in non-recurring acquisition-related costs and $0.10 per share in executive transition costs, which are excluded from the adjusted figure of $1.48.
Market Reaction
Did BRC Beat Earnings? Q4 2026 Results
Brady Corporation delivered a clean beat across the board in Q4 FY2026, extending its streak of exceeding consensus EPS estimates to five consecutive quarters. The identification solutions company reported adjusted EPS of $1.48, edging past the $1.47 consensus by 1.02%, while revenue of $436.90 million topped estimates by 2.10% and grew 10.0% year over year. The quarter's standout driver was the Americas and Asia segment, where wire identification products grew nearly 20% fueled by datacenter buildout, commercial construction, and industrial manufacturing demand, helping lift gross profit margin to 52.9% from 50.4% a year ago. GAAP results were weighed down by $22.24 million in acquisition-related costs tied to the recently closed IPS transaction, excluded from adjusted figures. Looking ahead, management guided FY2027 adjusted diluted EPS of $6.25 to $6.75, with the IPS segment, expected to contribute approximately $1.15 billion in revenue, providing roughly $0.80 of accretion as Brady's addressable market expands to approximately $14.00 billion.
- Wire ID product growth of nearly 20% in Americas & Asia driven by datacenter demand, commercial construction, and industrial manufacturing
- Printer and consumable sales growth expanding gross profit margin to 52.9%
- Printer unit sales grew 25% year-over-year in Q4
- Cost reduction activities from prior year continuing to drive margin improvement
- Organic sales growth of 8.4% in Q4 and 5.3% for the full year
- Asia organic sales growth of 20.3% in Q4
“The results of the fourth quarter and full year 2026 are a clear indication of the momentum we are achieving at Brady Corporation. Our strong organic growth, with additional contributions from acquisitions and foreign currency translation, drove 10% sales growth for the quarter and the year. Organic sales growth and expanding margins drove a 15% increase in adjusted earnings per share in 2026 versus 2025.”
Brady CEO, on the earnings call
Forward Guidance & Outlook
Brady expects FY2027 Adjusted Diluted EPS of $6.25 to $6.75, representing 18.1% to 27.6% growth versus FY2026. The IPS segment is expected to contribute approximately $0.80 of Adjusted Diluted EPS accretion (net of financing costs), with the majority in the second half as integration progresses. The IPS segment is expected to contribute approximately $1.15 billion in revenue. The IDS segment is expected to grow approximately 5% organically. IDS segment profit margin is expected to be approximately 20%, while IPS segment profit margin is expected to be in the low-double digits. Additional assumptions include depreciation expense of approximately $45 million, capital expenditures of approximately $40 million, a full-year income tax rate of approximately 21%, and foreign currency exchange rates as of July 31, 2026. The Americas & Asia segment outlook calls for mid-single digit organic sales growth, while Europe & Australia is expected to deliver low-single digit organic sales growth.
BRC YoY Financials
BRC Revenue by Segment
BRC Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.