Enerpac Tool Group Corp.: Q1 FY2026 earnings call

What management said about Q1 FY2026, from the documents filed with the SEC on 17 December 2025: press release. Guidance figures: 10 kept. The quarter’s numbers.

Key takeaways

Net sales slightly lower: Net sales were $144.2 million, down 1% from $145.2 million a year earlier. Organic sales declined 2% year over year. Source
Adjusted EBITDA declined to $32.4 million: Adjusted EBITDA was $32.4 million against $34.3 million in the prior-year quarter. Source
Product sales up, service sales down: Within IT&S, product sales rose 4% on an organic basis, while service revenue fell 26% year over year. Source
Order growth described as stronger: Management described order growth as even stronger than the solid sales growth it cited, and tied it to its posture entering 2026. Source
Adjusted EBITDA margin down 120 basis points: Adjusted EBITDA margin was 22.4%, from 23.6% in the prior-year quarter, on lower gross margin and slight operating expense deleveraging. Source
Operating cash generation improved: Cash provided by operating activities was $16.0 million, compared with $8.6 million in the prior-year period. Source
Share repurchases returned about $15 million: The company bought about 377,000 shares for $14.9 million in the quarter. Source

“Our first quarter results were essentially as expected,”
Paul Sternlieb, Enerpac Tool Group's President & CEO

Guidance

Area	Period	Figure	Against last quarter
Net sales Source	fiscal 2026	$635 million to $655 million	Kept
Organic sales growth Source	fiscal 2026	1% to 4%	Kept
Adjusted EBITDA Source	fiscal 2026	$158 million to $168 million	Kept
Adjusted EPS Source	fiscal 2026	$1.85 to $2.00	Kept
Free cash flow Source	fiscal 2026	$100 million to $110 million	Kept
Cash provided by operating activities Source	fiscal 2026	$115 million to $120 million	Kept
Capital expenditures Source	fiscal 2026	(15) and (10), in millions, as presented	Kept
GAAP operating profit Source	fiscal 2026	$141 million to $153 million	Kept
Depreciation and amortization Source	fiscal 2026	18 and 16, in millions, as presented	Kept
Other expense, net Source	fiscal 2026	(1) and (1), in millions, as presented	Kept

What changed from last quarter

Guidance kept: Management kept the fiscal 2026 guidance introduced in the prior release, with the same net sales, organic growth, EBITDA, EPS and free cash flow ranges. Source

Results and growth drivers

Net sales slightly lower: Net sales were $144.2 million, down 1% from $145.2 million a year earlier. Organic sales declined 2% year over year. Source
Net earnings and EPS declined: Net earnings were $19.1 million and diluted EPS $0.36, compared with $21.7 million and $0.40 a year earlier. Adjusted diluted EPS was also $0.36. Source
Adjusted EBITDA declined to $32.4 million: Adjusted EBITDA was $32.4 million against $34.3 million in the prior-year quarter. Source

Segments and regions

IT&S sales fell 3% organically: Industrial Tools & Services organic sales declined 3%, partly offset by 27% growth at Cortland Biomedical. Source
IT&S adjusted operating margin narrowed: IT&S adjusted operating profit margin was 25.9% in the quarter, compared with 27.2% in the first quarter of fiscal 2025. Source
IT&S adjusted EBITDA margin fell: IT&S adjusted EBITDA margin was 28.2%, from 29.1% in the prior-year first quarter. Source

“We were encouraged by some favorable developments and trends in the quarter for our products, including solid sales growth, particularly in the Americas, and even stronger order growth, reinforcing our cautiously optimistic posture entering 2026.”
Paul Sternlieb, Enerpac Tool Group's President & CEO

Products and customers

Product sales up, service sales down: Within IT&S, product sales rose 4% on an organic basis, while service revenue fell 26% year over year. Source
Product sales dollars rose: IT&S product net sales were $112.1 million against $106.1 million a year earlier. Service net sales were $25.7 million against $34.0 million. Source
Cortland Biomedical sales grew 27%: Cortland Biomedical sales grew 27%, offsetting part of the IT&S decline in the quarter. Source

Demand and order book

Order growth described as stronger: Management described order growth as even stronger than the solid sales growth it cited, and tied it to its posture entering 2026. Source
Americas sales grew solidly: Management cited solid sales growth, particularly in the Americas, as one of the favorable developments in the quarter for its products. Source
UK softness hit service revenue: The service revenue decline was attributed primarily to softness in the UK market. Source

“The Company is maintaining its fiscal 2026 outlook, projecting a net sales range of $635 million to $655 million and organic sales growth of 1% to 4%.”
Enerpac Tool Group Corp., press release

Costs, margins and pricing

Adjusted EBITDA margin down 120 basis points: Adjusted EBITDA margin was 22.4%, from 23.6% in the prior-year quarter, on lower gross margin and slight operating expense deleveraging. Source
Operating margin 19.8% on both bases: GAAP operating profit was $28.5 million against $31.1 million, and gross profit was $73.2 million against $74.7 million. Source
SG&A and amortization rose: Selling, general and administrative expenses were $43.1 million against $42.3 million, and amortization of intangible assets was $1.6 million against $1.2 million. Source

Capital, cash and returns

Operating cash generation improved: Cash provided by operating activities was $16.0 million, compared with $8.6 million in the prior-year period. Source
Share repurchases returned about $15 million: The company bought about 377,000 shares for $14.9 million in the quarter. Source
Net debt 0.3x adjusted EBITDA: Net debt was $49.4 million at November 30, 2025, a ratio of 0.3x to adjusted EBITDA, against 0.5x a year earlier. Source

Investment and balance sheet

No acquisition spend this quarter: No cash was paid for business acquisitions in the quarter, against $27.2 million a year earlier. A $0.9 million deferred acquisition payment was made. Source
Capital expenditures lower: Capital expenditures were $2.7 million, compared with $5.9 million in the prior-year quarter. Source
Cash and debt balances declined: Cash was $139.0 million, down from $151.6 million at August 31, 2025. Debt was $188.5 million, down from $189.7 million. Source

Risks management discussed

Demand: Service revenue decline was tied to the UK market. Source
Operational: Adjusted EBITDA margin was reduced by lower gross margin and slight operating expense deleveraging on lower sales. Source
Regulatory: Guidance assumes no substantial change to the current tariff or regulatory environment. Source
External: Guidance is based on the company's key foreign exchange rate assumptions. Source

Earlier plans management reported on

Not stated: The company said it is maintaining the fiscal 2026 guidance it introduced in the prior release. Source
Not stated: Repurchases in the quarter were made under the program announced in October 2025. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

Enerpac Tool Group Reports First Quarter Fiscal 2026 Results

First Quarter of Fiscal 2026 Highlights*

Net sales were $144 million, a 1% decrease compared to the prior year.
Operating margin and adjusted operating margin was 19.8%.
Net earnings were $19.1 million, or $0.36 per diluted share.
Adjusted EBITDA was $32.4 million and adjusted EBITDA margin was 22.4%.
Operating cash flow was $16 million, up from $9 million in the prior year.
Returned approximately $15 million to shareholders through share repurchases.

This press release contains financial measures in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in addition to non-GAAP financial measures. Reconciliations of the non-GAAP financial measures to the comparable GAAP measures are presented in the tables accompanying this release.

MILWAUKEE, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company” or “Enerpac”) today announced results for its fiscal first quarter ended November 30, 2025.

"Our first quarter results were essentially as expected," said Paul Sternlieb, Enerpac Tool Group's President & CEO. "We were encouraged by some favorable developments and trends in the quarter for our products, including solid sales growth, particularly in the Americas, and even stronger order growth, reinforcing our cautiously optimistic posture entering 2026."

	Three Months Ended
	November 30, 2025	November 30, 2024
Consolidated Results
(US$ in millions, except per share)
Net Sales	$144.2	$145.2
Net Earnings	$19.1	$21.7
Diluted EPS	$0.36	$0.40
Adjusted Diluted EPS	$0.36	$0.40
Adjusted EBITDA	$32.4	$34.3

First Quarter Fiscal 2026 Consolidated Results Comparisons

Consolidated net sales for the first quarter of fiscal 2026 were $144.2 million compared to $145.2 million in the prior-year period, a decrease of 1%. On an organic basis, sales declined 2% year-over-year. IT&S sales declined 3% on an organic basis, which was partially offset by 27% growth at Cortland Biomedical.

Within IT&S, product sales increased 4% organically while service revenue declined 26% year-over-year, primarily due to softness in the UK market.

First quarter fiscal 2026 net earnings and diluted EPS were $19.1 million and $0.36 respectively, compared to $21.7 million and $0.40, respectively, in the year-ago period.

First quarter adjusted EBITDA was $32.4 million compared to $34.3 million in the year-ago period. Adjusted EBITDA margin declined 120 basis points year-over-year to 22.4% as a result of a lower gross margin and slight deleveraging of operating expenses on lower sales.

Net cash provided by operating activities was $16.0 million for the first quarter of fiscal 2026 as compared to $8.6 million in the prior-year period.

Balance Sheet and Leverage
(US$ in millions)	November 30, 2025	August 31, 2025	November 30, 2024
Cash Balance	$139.0	$151.6	$130.7
Debt Balance	$188.5	$189.7	$193.3
Net Debt to Adjusted EBITDA	0.3x	0.3x	0.5x

Net debt on November 30, 2025, was $49.4 million, resulting in a net debt to adjusted EBITDA ratio of 0.3x. The Company repurchased approximately 377,000 shares of its common stock in the first quarter of fiscal 2026 for a total of $14.9 million under its share repurchase program announced in October 2025.

Outlook

The Company is maintaining its fiscal 2026 outlook, projecting a net sales range of $635 million to $655 million and organic sales growth of 1% to 4%. The Company also forecasts adjusted EBITDA of $158 million to $168 million, adjusted EPS of $1.85 to $2.00, and free cash flow of $100 million to $110 million. This guidance is based on the Company’s key foreign exchange rate assumptions and assumes no substantial change to the current tariff or regulatory environment.

Conference Call Information

An investor conference call is scheduled for 7:30 am CT on December 18, 2025. Webcast information and conference call materials, including an earnings presentation, are available on the Enerpac Tool Group website (www.enerpactoolgroup.com).

Calculated in accordance with the terms of the Company’s September 2022 Senior Credit Facility.

Safe Harbor Statement

Forward-looking statements notice

Certain of the above comments represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In addition to statements with respect to guidance, the terms “outlook,” “may,” “should,” “could,” “anticipate,” “believe,” “estimate,” “expect,” “objective,” “plan,” “project” and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to inherent risks and uncertainties that may cause actual results or events to differ materially from those contemplated by such forward-looking statements. In addition to the assumptions and other factors referred to specifically in connection with such statements, risks and uncertainties that may cause actual results or events to differ materially from those contemplated by such forward-looking statements include, without limitation, general economic uncertainty, the impact of geopolitical activity, including the armed conflicts in the Middle East, including the impact on shipping in the area and the invasion of Ukraine by Russia and international sanctions imposed in response thereto, market conditions in the industrial, oil & gas, energy, power generation, infrastructure, commercial construction, truck and automotive industries, supply chain risks, including disruptions in deliveries from suppliers due to political tensions and armed conflicts; impacts from the imposition, or threat of imposition, of tariffs and other trade restrictions, the ability of the Company to achieve its plans or objectives related to its growth strategy, market acceptance of existing and new products, market acceptance of price increases, successful integration of acquisitions, the impact of dispositions and restructurings, the ability of the Company to continue to achieve or maintain operational improvements related to the ASCEND program and other restructuring actions, operating margin risk due to competitive pricing and operating efficiencies, risks related to reliance on independent agents and distributors for the distribution and service of products, material, labor, or overhead cost increases, tax law changes, foreign currency risk, interest rate risk, commodity risk, tariffs, litigation matters, cybersecurity risk, impairment of goodwill or other intangible assets, the Company’s ability to access capital markets and other risks and uncertainties that may be referred to or noted in the Company’s reports filed with the Securities and Exchange Commission from time to time, including those described in the Company’s Form 10-K for the fiscal year ended August 31, 2025. Enerpac Tool Group disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason, except to the extent required by law.

Non-GAAP Financial Information

This press release contains financial measures that are not measures presented in conformity with GAAP. These non-GAAP measures include organic sales, EBITDA, adjusted EBITDA, adjusted, adjusted diluted earnings per share, adjusted operating profit, segment adjusted operating profit and adjusted EBITDA, adjusted corporate expense, adjusted SG&A expense, free cash flow and net debt. This press release includes reconciliations of non-GAAP measures to the most comparable GAAP measure, included in the tables attached to this press release or in footnotes to the tables included in this press release. Management believes the non-GAAP measures presented in this press release are commonly used financial measures for investors to evaluate Enerpac Tool Group’s operating performance and financial position with respect to the periods presented and, when read in conjunction with the condensed consolidated financial statements, present a useful tool to evaluate ongoing operations and provide investors with metrics they can use to evaluate aspects of the Company’s performance from period to period. In addition, these are some of the financial metrics management uses in internal evaluations of the overall performance of the Company’s business. Management acknowledges that there are many items that impact a company’s reported results and the adjustments reflected in these non-GAAP measures are not intended to present all items that may have impacted these results. In addition, these non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies. Adjusted diluted earnings per share anticipated for fiscal year 2026 is calculated in a manner consistent with the historical presentation of that measure in the accompanying tables. Because of the forward-looking nature of this estimate, it is impractical to present a quantitative reconciliation of this non-GAAP measure to the comparable GAAP measure, and accordingly no such GAAP measure for that period is being presented.

About Enerpac Tool Group

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com.

(tables follow)

	(Unaudited)
	November 30,	August 31,
	2025	2025
Enerpac Tool Group Corp.
Condensed Consolidated Balance Sheets
(In thousands)
Assets
Current assets
Cash and cash equivalents	$139,047	$151,558
Accounts receivable, net	98,067	106,085
Inventories, net	90,307	78,774
Other current assets	45,054	39,701
Total current assets	372,475	376,118
Property, plant and equipment, net	52,739	53,275
Goodwill	287,988	289,787
Other intangible assets, net	44,954	46,942
Other long-term assets	59,905	61,745
Total assets	$818,061	$827,867
Liabilities and Shareholders' Equity
Current liabilities
Current maturities of long-term debt	$8,750	$7,500
Trade accounts payable	41,698	42,944
Accrued compensation and benefits	21,746	28,108
Income taxes payable	9,841	5,425
Other current liabilities	49,743	53,125
Total current liabilities	131,778	137,102
Long-term debt, net	179,710	182,168
Deferred income taxes	7,337	6,192
Pension and postretirement benefit liabilities	6,744	7,147
Other long-term liabilities	61,438	61,564
Total liabilities	387,007	394,173
Shareholders' equity
Capital stock	10,555	10,589
Additional paid-in capital	240,842	243,137
Retained earnings	288,408	284,102
Accumulated other comprehensive loss	(108,751)	(104,134)
Stock held in trust	(3,542)	(3,542)
Deferred compensation liability	3,542	3,542
Total shareholders' equity	431,054	433,694
Total liabilities and shareholders' equity	$818,061	$827,867

	(Unaudited)
	Three Months Ended
	November 30,	November 30,
	2025	2024
Enerpac Tool Group Corp.
Condensed Consolidated Statements of Earnings
(In thousands)
Net sales	$144,208	$145,196
Cost of products sold	71,026	70,544
Gross profit	73,182	74,652
Selling, general and administrative expenses	43,095	42,318
Amortization of intangible assets	1,597	1,202
Operating profit	28,490	31,132
Financing costs, net	2,265	2,770
Other expense, net	668	487
Earnings before income tax expense	25,557	27,875
Income tax expense	6,426	6,152
Net earnings	$19,131	$21,723
Earnings per share
Basic	$0.36	$0.40
Diluted	0.36	0.40
Weighted average common shares outstanding
Basic	52,980	54,242
Diluted	53,348	54,812

	November 30,	November 30,
	2025	2024
Enerpac Tool Group Corp.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)
Operating Activities
Cash provided by operating activities	$15,976	$8,649
Investing Activities
Capital expenditures	(2,677)	(5,857)
Deferred acquisition payment	(949)	-
Cash paid for business acquisitions, net of cash acquired	-	(27,196)
Financing Activities
Principal repayments on term loan	(1,250)	(1,250)
Borrowings on revolving credit facility	-	14,421
Principal repayments on revolving credit facility	-	(14,421)
Purchase of treasury shares	(14,899)	(4,379)
Stock options, taxes paid related to the net share settlement of equity awards & other	(5,229)	(4,987)
Payment of cash dividend	(2,119)	(2,167)
Cash used in financing activities	$(23,497)	$(12,783)
Effect of exchange rate changes on cash	(1,364)	826
Net decrease from cash and cash equivalents	$(12,511)	$(36,361)
Cash and cash equivalents - beginning of period	151,558	167,094
Cash and cash equivalents - end of period	$139,047	$130,733

	Fiscal 2025					Fiscal 2026
	Q1	Q2	Q3	Q4	TOTAL	Q1	Q2	Q3	Q4	TOTAL
Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures
(In thousands)
Net Sales
Industrial Tools & Services Segment	$140,134	$140,716	$153,374	$161,602	$595,825	$137,762	$ -	$ -	$ -	$137,762
Other	5,062	4,812	5,287	5,913	21,074	6,446	-	-	-	6,446
Enerpac Tool Group	$145,196	$145,528	$158,661	$167,515	$616,899	$144,208	$ -	$ -	$ -	$144,208
% Net Sales Growth (Decline) Year over Year
Industrial Tools & Services Segment	2.3%	4.4%	5.1%	5.4%	4.3%	(1.7%)	-	-	-	(1.7%)
Other	2.6%	33.1%	18.7%	10.4%	14.8%	27.3%	-	-	-	27.3%
Enerpac Tool Group	2.3%	5.1%	5.5%	5.5%	4.6%	(0.7%)	-	-	-	(0.7%)
Adjusted Selling, general and administrative expenses
Selling, general and administrative expenses	$42,318	$41,423	$41,125	$42,055	$166,920	$43,095	$ -	$ -	$ -	$43,095
M&A charges	(152)	(258)	(714)	(292)	(1,415)	(91)	-	-	-	(91)
Adjusted Selling, general and administrative expenses	$42,166	$41,165	$40,411	$41,763	$165,505	$43,004	$ -	$ -	$ -	$43,004
Adjusted Selling, general and administrative expenses %
Enerpac Tool Group	29.0%	28.3%	25.5%	24.9%	26.8%	29.8%	-	-	-	29.8%
Adjusted Operating profit
Operating profit	$31,132	$30,820	$31,681	$39,837	$133,471	$28,490	$ -	$ -	$ -	$28,490
Restructuring charges	-	-	5,862	-	5,862	-	-	-	-	-
M&A charges	152	261	714	292	1,419	91	-	-	-	91
Adjusted Operating profit	$31,284	$31,081	$38,257	$40,129	$140,752	$28,581	$ -	$ -	$ -	$28,581
Adjusted Operating profit by Segment
Industrial Tools & Services Segment	$38,074	$38,748	$42,837	$47,092	$166,751	$35,740	$ -	$ -	$ -	$35,740
Other	1,319	1,301	2,083	1,360	6,063	2,214	-	-	-	2,214
Corporate / General	(8,109)	(8,968)	(6,663)	(8,323)	(32,062)	(9,373)	-	-	-	(9,373)
Adjusted operating profit	$31,284	$31,081	$38,257	$40,129	$140,752	$28,581	$ -	$ -	$ -	$28,581
Adjusted Operating profit %
Industrial Tools & Services Segment	27.2%	27.5%	27.9%	29.1%	28.0%	25.9%	-	-	-	25.9%
Other	26.1%	27.0%	39.4%	23.0%	28.8%	34.3%	-	-	-	34.3%
Adjusted Operating Profit %	21.5%	21.4%	24.1%	24.0%	22.8%	19.8%	-	-	-	19.8%
EBITDA (1)
Net earnings	$21,723	$20,901	$22,044	$28,080	$92,749	$19,131	$ -	$ -	$ -	$19,131
Financing costs, net	2,770	2,371	2,395	2,376	9,911	2,265	-	-	-	2,265
Income tax expense	6,152	6,798	6,295	8,734	27,980	6,426	-	-	-	6,426
Depreciation & amortization	3,514	3,471	3,721	4,968	15,674	4,448	-	-	-	4,448
EBITDA	$34,159	$33,541	$34,455	$44,158	$146,314	$32,270	$ -	$ -	$ -	$32,270
Adjusted EBITDA (1)
EBITDA	$34,159	$33,541	$34,455	$44,158	$146,314	$32,270	$ -	$ -	$ -	$32,270
Restructuring charges	-	-	5,862	-	5,862	-	-	-	-	-
M&A charges	152	261	714	292	1,419	91	-	-	-	91
Adjusted EBITDA (1)	$34,311	$33,802	$41,031	$44,450	$153,595	$32,361	$ -	$ -	$ -	$32,361
Adjusted EBITDA (1) by Segment
Industrial Tools & Services Segment	$40,807	$41,313	$45,317	$50,726	$178,163	$38,903	$ -	$ -	$ -	$38,903
Other	1,546	1,525	2,309	1,579	6,959	2,462	-	-	-	2,462
Corporate / General	(8,042)	(9,036)	(6,595)	(7,855)	(31,527)	(9,004)	-	-	-	(9,004)
Adjusted EBITDA (1)	$34,311	$33,802	$41,031	$44,450	$153,595	$32,361	$ -	$ -	$ -	$32,361
Adjusted EBITDA % (1)
Industrial Tools & Services Segment	29.1%	29.4%	29.5%	31.4%	29.9%	28.2%	-	-	-	28.2%
Other	30.5%	31.7%	43.7%	26.7%	33.0%	38.2%	-	-	-	38.2%
Adjusted EBITDA % (1)	23.6%	23.2%	25.9%	26.5%	24.9%	22.4%	-	-	-	22.4%
Notes:
(1) EBITDA represents net earnings before financing costs, net, income tax expense, and depreciation & amortization. Neither EBITDA nor adjusted EBITDA are calculated based upon generally accepted accounting principles ("GAAP"). The amounts included in the EBITDA and adjusted EBITDA calculation, however, are derived from amounts included in the Condensed Consolidated Statements of Earnings. EBITDA and adjusted EBITDA should not be considered as alternatives to net earnings, operating profit or operating cash flows. The Company has presented EBITDA and adjusted EBITDA because it regularly reviews these performance measures. In addition, EBITDA and adjusted EBITDA are used by many of our investors and lenders, and are presented as a convenience to them. The EBITDA and adjusted EBITDA measures presented may not always be comparable to similarly titled measures reported by other companies due to differences in the components of the calculation.

	Fiscal 2025		Fiscal 2026
	Q1	YTD	Q1	YTD
Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures (Continued)
(In thousands)
Net Sales
Industrial Tools & Services Segment	$140,134	$140,134	$137,762	$137,762
Other	5,062	5,062	6,446	6,446
Enerpac Tool Group	$145,196	$145,196	$144,208	$144,208
Adjustment: Fx Impact on Net Sales
Industrial Tools & Services Segment	$2,532	$2,532	$ -	$ -
Other	-	-	-	-
Enerpac Tool Group	$2,532	$2,532	$ -	$ -
Adjustment: Impact from Divestitures or Acquisitions on Net Sales
Industrial Tools & Services Segment	-	-	-	-
Other	-	-	-	-
Enerpac Tool Group	$ -	$ -	$ -	$ -
Organic Sales by Segment (2)
Industrial Tools & Services Segment	$142,666	$142,666	$137,762	$137,762
Other	5,062	5,062	6,446	6,446
Enerpac Tool Group	$147,728	$147,728	$144,208	$144,208
Organic Sales Growth (Decline) %
Industrial Tools & Services Segment			(3.4%)	(3.4%)
Other			27.3%	27.3%
Enerpac Tool Group			(2.4%)	(2.4%)
Industrial Tools & Services Segment Net Sales by Product Line
Industrial Tools & Services Product	$106,087	$106,087	$112,111	$112,111
Industrial Tools & Services Service	34,047	34,047	25,651	25,651
Industrial Tools & Services Segment	$140,134	$140,134	$137,762	$137,762
Adjustment: Fx Impact on Net Sales
Industrial Tools & Services Product	$1,760	$1,760	$ -	$ -
Industrial Tools & Services Service	772	772	-	-
Industrial Tools & Services Segment	$2,532	$2,532	$ -	$ -
Adjustment: Impact from Divestitures or Acquisitions on Net Sales
Industrial Tools & Services Product	-	-	-	-
Industrial Tools & Services Service	-	-	-	-
Industrial Tools & Services Segment	$ -	$ -	$ -	$ -
Idustrial Tools & Services Segment Organic Sales by Product Line (2)
Industrial Tools & Services Product	$107,847	$107,847	$112,111	$112,111
Industrial Tools & Services Service	34,819	34,819	25,651	25,651
Industrial Tools & Services Segment	$142,666	$142,666	$137,762	$137,762
Organic Sales Growth (Decline) %
Industrial Tools & Services Product			4.0%	4.0%
Industrial Tools & Services Service			(26.3%)	(26.3%)
Industrial Tools & Services Segment			(3.4%)	(3.4%)
(2) Organic Sales is defined as sales excluding the impact to foreign currency changes and the impact from recent acquisitions and divestitures to net sales.

	Fiscal 2025					Fiscal 2026
	Q1	Q2	Q3	Q4	TOTAL	Q1	Q2	Q3	Q4	TOTAL
Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP Measures to Non-GAAP Measures (Continued)
(In thousands, except for per share amounts)
Adjusted Earnings (3)
Net Earnings	$21,723	$20,901	$22,044	$28,080	$92,749	$19,131	$ -	$ -	$ -	$19,131
Restructuring charges	-	-	5,862	-	5,862	-	-	-	-	-
M&A charges	152	261	714	292	1,419	91	-	-	-	91
Net tax effect of reconciling items above	(4)	1	(910)	(492)	(1,406)	(20)	-	-	-	(20)
Adjusted Net Earnings	$21,871	$21,163	$27,710	$27,880	$98,624	$19,202	$ -	$ -	$ -	$19,202
Adjusted Diluted Earnings per share (3)
Net Earnings	$0.40	$0.38	$0.41	$0.52	$1.70	$0.36	$ -	$ -	$ -	$0.36
Restructuring charges, net of tax effect	-	-	0.09	(0.01)	0.09	-	-	-	-	-
M&A charges, net of tax effect	0.00	0.00	0.01	0.00	0.02	0.00	-	-	-	0.00
Adjusted Diluted Earnings per share	$0.40	$0.39	$0.51	$0.52	$1.81	$0.36	$ -	$ -	$ -	$0.36
Notes continued:
(3) Adjusted earnings and adjusted diluted earnings per share represent net earnings and diluted earnings per share per the Condensed Consolidated Statements of Earnings net of charges or credits for items to be highlighted for comparability purposes. These measures are not calculated based upon GAAP and should not be considered as an alternative to net earnings or diluted earnings per share or as an indicator of the Company's operating performance. However, this presentation is important to investors for understanding the operating results of the current portfolio of Enerpac Tool Group companies.
For all reconciliations of GAAP measures to Non-GAAP measures, the summation of the individual components may not equal the total due to rounding.

	Fiscal 2026
	Low	High
Enerpac Tool Group Corp.
Supplemental Unaudited Data
Reconciliation of GAAP To Non-GAAP Guidance
(In millions)
Reconciliation of GAAP Operating Profit
To Adjusted EBITDA (4)
GAAP Operating profit	$141	$153
Other expense, net	(1)	(1)
Depreciation & amortization	18	16
Adjusted EBITDA	$158	$168
Reconciliation of GAAP Cash Flow From Operations to Free Cash Flow
Cash provided by operating activities	$115	$120
Capital expenditures	(15)	(10)
Free Cash Flow	$100	$110
Notes continued:
(4) Management does not provide guidance on certain GAAP financial measures as we are unable to predict and estimate with certainty items such as potential impairments, refinancing costs, business divestiture gains/losses, discrete tax adjustments, or other items impacting GAAP financial metrics. As a result, we have included only those items about which we are aware and are reasonably likely to occur during the guidance period covered.

Contact: Travis Williams Senior Director, Investor Relations investor.relations@enerpac.com