AI-extracted from the 10-Q filed 2026-08-04 — Q3 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q3 net sales rose 7% to $4,873M with EPS of $1.28, up 24%, helped by $82M of IEEPA tariff refunds that lifted gross margin to 54.5%.
Biggest Revenue Drivers
Intelligent Devices$2,677M+6% YoY
Underlying sales up 5% on 3% higher price and 2% higher volume; Americas up 6%, AMEA up 5%, China down 8%
Software & Systems$1,644M+11% YoY
Underlying sales up 11% on 7% higher volume and 4% higher price; Americas up 13%, AMEA up 16%
Biggest Revenue Drivers
Total revenue: $4,873M+7% YoY
Intelligent Devices$2,677M+6% YoY
Underlying sales up 5% on 3% higher price and 2% higher volume; Americas up 6%, AMEA up 5%, China down 8%
Within Intelligent Devices
Final Control$1,586M+4% YoY
Underlying sales up 3%, reflecting strong growth in Asia, Middle East & Africa and solid growth in the Americas, with strength in power
Software & Systems$1,644M+11% YoY
Underlying sales up 11% on 7% higher volume and 4% higher price; Americas up 13%, AMEA up 16%
Within Software & Systems
Test & Measurement$445M+23% YoY
Increase of $85 reflecting strength in semiconductor and aerospace & defense
Safety & Productivity$552M+3% YoY
Underlying sales up 2% on 4% higher price offset by 2% lower volume; Europe decreased 6%
Largest Expense Items
Cost of sales$2,218M+$58M YoY
Gross margin of 54.5% increased 1.9 points, primarily due to the IEEPA tariff refunds
Selling, general and administrative$1,343M+6% YoY
27.6% of sales, down 0.2 points on leverage from higher sales and savings from cost reduction actions
Other deductions, net$311M+$13M YoY
Increase in restructuring costs, partially offset by lower intangibles amortization of $204
Restructuring costs$87Mvs $37M prior year
Final Control accounted for $48; fiscal 2026 restructuring expense expected to be approximately $185
Margins: Gross margin of 54.5% rose 1.9 points, primarily due to tariff refunds. SG&A fell to 27.6% of sales on sales leverage and cost reduction savings; adjusted EBITA margin 26.7%, up 0.7 points.
Watch Items from the Filing
$82M IEEPA tariff refunds ($0.11 per share) were recorded in cost of sales; timing and amount of further refunds remain uncertain and no additional benefit was recognized.
Underlying sales fell 1% in Europe and China declined 3%; Intelligent Devices China was down 8% in the quarter.
Restructuring costs more than doubled to $87M from $37M, with fiscal 2026 restructuring expense expected at approximately $185M.
Safety & Productivity earnings fell 10% to $93M and margin dropped 2.3 points to 16.9% on restructuring and volume deleverage.
Backlog of approximately $9.6 billion, with roughly 75 percent expected to be recognized as revenue over the next 12 months.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
43 transactions in EMR reported by 19 members of Congress under the STOCK Act, most recent trade Sep 17, 2026. Reported transactions, not recommendations.
About EMERSON ELECTRIC CO (EMR): stock profile, AI score and financials
EMERSON ELECTRIC CO (EMR) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores EMR at 65.2/100 on a composite quality score built from its SEC filings, placing it at rank #489 of 2,925 stocks — the top 25% of the AI-ranked universe. EMR scores in the top quartile across revenue scale (91.8). Shareholder dilution risk is elevated at 45.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q3 2026), EMERSON ELECTRIC CO reports quarterly revenue of $4.9B, net income of $718.0M, an operating margin of 18.8%. Top institutional holders of EMR by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. EMR trades on the NYSE exchange and files with the SEC under CIK 32604. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EMR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for EMERSON ELECTRIC CO directly from SEC EDGAR.