Rockwell Automation Inc
Q2 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +1.90%.
Did ROK Beat Earnings? Q2 2026 Results
Rockwell Automation delivered a standout fiscal second quarter for 2026, posting adjusted EPS of $3.30 to beat the $2.88 consensus estimate by 14.56%, marking the fourth consecutive quarter the industrial automation giant has cleared Wall Street's earnings bar. Revenue of $2.24 billion rose 11.8% year over year and edged past the $2.16 billion consensus by 3.73%, driven primarily by accelerating demand across warehouse automation, data center, semiconductor, and energy end markets. The Software & Control segment was the clear engine of upside, with 20% reported sales growth and operating margin expanding sharply to 34.9% from 30.1% a year ago, while enterprise operating margin widened to 22.5% from 19.0%. The strong results came despite <a href="https://247wallst.com/investing/2026/03/31/rockwell-automation-downgraded-by-jefferies-key-price-target-drops-to-380/">prior skepticism from analysts</a> about the company's near-term trajectory. Management responded to the momentum by raising full-year adjusted EPS guidance to $12.50-$13.10 and lifting the reported sales midpoint to roughly $8.90 billion, reflecting upgraded organic growth expectations of 5%-9% for fiscal 2026.
- Improving demand in warehouse automation, data center, semiconductor, and energy end markets
- Positive price/cost dynamics inclusive of productivity gains
- Higher sales volume across segments
- Favorable product mix
- Currency translation contributed 3% to reported sales growth
- Software & Control organic sales growth of 17% led all segments
- Total ARR grew 6% year over year
“We delivered a strong second quarter, with double-digit growth in sales and earnings exceeding our expectations. We saw solid momentum across much of the business, led by improving demand in warehouse automation, data center, semiconductor, and energy. Our performance this quarter reflects the strength of our portfolio and the team's ability to execute in a dynamic global environment.”
Rockwell Automation CEO, on the earnings call
Forward Guidance & Outlook
Rockwell Automation updated its fiscal 2026 guidance, raising the reported sales midpoint to approximately $8.9B with 5%-9% reported and organic sales growth (up from prior guidance of ~$8.8B and 3%-7% / 2%-6%). Diluted EPS guidance was raised to $11.88-$12.48 (from $10.75-$11.55) and Adjusted EPS guidance to $12.50-$13.10 (from $11.40-$12.20). The updated guidance excludes sales, earnings, and cash flows from divested Sensia businesses in the second half following the April 1, 2026 dissolution of the Sensia joint venture. Currency translation is expected to contribute approximately 1.5% and divestitures to reduce growth by approximately 1.5%. The company expects an effective tax rate of approximately 18.5% and an adjusted effective tax rate of approximately 19.5%.
ROK YoY Financials
ROK Revenue by Segment
ROK Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.