Donaldson Company Inc. (NYSE:DCI) reported third-quarter fiscal 2026 results on Tuesday that topped Wall Street expectations, driven by strength in its Mobile Solutions and Life Sciences businesses and supported by favorable currency impacts, pricing gains and higher volumes.
Revenue rose 5.8% year over year to $995.1 million, exceeding analysts’ estimates of $973.6 million. Adjusted earnings were $1.06 per share, slightly ahead of the consensus estimate of $1.05.
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Adjusted gross margin was 34.4%, down 10 basis points from a year earlier as operational inefficiencies partially offset benefits from pricing, product mix improvements and volume leverage.
“Third quarter results marked a significant sequential step-up in performance, including all-time high sales, adjusted operating margin and adjusted earnings,” said Rich Lewis, president and chief executive officer.
