Acuity Reports Fiscal 2026 First-Quarter Results
ATLANTA, Jan. 08, 2026 (GLOBE NEWSWIRE) — Acuity Inc. (NYSE: AYI), a prominent industrial technology company, announced impressive financial results for the first quarter of fiscal 2026, which ended on November 30, 2025. The company achieved net sales of $1.1 billion, representing a significant increase of 20.2% compared to the same period last year. This growth highlights Acuity's resilience in a challenging market environment.
Financial Performance Overview
For the first quarter, Acuity reported:
- Operating Profit: $160.4 million, up 20.3% from the prior year.
- Adjusted Operating Profit: $196.3 million, an increase of 23.7% year-over-year.
- Diluted Earnings Per Share (EPS): $3.82, reflecting a 14.0% rise year-on-year.
- Adjusted Diluted EPS: $4.69, up 18.1% compared to the prior year.
Neil Ashe, Chairman, President, and CEO of Acuity Inc., remarked, "We delivered strong performance in our first quarter of fiscal 2026. We grew net sales, expanded our adjusted operating profit, and increased our diluted earnings per share, while generating strong cash flow and effectively allocating capital."
Segment Performance Highlights
Acuity Brands Lighting (ABL)
Acuity Brands Lighting generated net sales of $895.1 million in the first quarter, marking a 1.0% increase from the previous year. Key financial metrics include:
- Operating Profit: $149.0 million, up 4.0% from the prior year.
- Adjusted Operating Profit: $159.8 million, reflecting a 4.1% increase.
- Operating profit margin improved to 16.6%, an increase of 40 basis points.
Acuity Intelligent Spaces (AIS)
AIS achieved net sales of $257.4 million, a substantial increase of $183.9 million compared to the prior year. Highlights include:
- Operating Profit: $37.0 million, an increase of $26.2 million.
- Adjusted Operating Profit: $56.6 million, with a significant $41.2 million rise.
- Adjusted operating profit margin recorded at 22.0%, an increase of 100 basis points.
Cash Flow and Capital Allocation
During the first three months of fiscal 2026, Acuity generated $140.8 million from operating activities. The company also actively repurchased approximately 77,000 shares of common stock for about $28 million and repaid $100.0 million in term-loan borrowings.
Conference Call Details
Acuity will host a conference call today at 8:00 a.m. ET, during which Neil Ashe will discuss the earnings results. Investors can access the call through the Investor Relations section of Acuity's website at www.investors.acuityinc.com.
A replay of the call will be available on the website within two hours of the call's conclusion and will remain accessible for a limited time.
About Acuity Inc.
Acuity Inc. (NYSE: AYI) is a leading industrial technology company specializing in innovative solutions for lighting and intelligent spaces. With a commitment to enhancing customer outcomes, Acuity focuses on developing state-of-the-art products and services, including lighting controls and building management solutions. The company is headquartered in Atlanta, Georgia, and employs approximately 13,000 skilled associates across North America, Europe, and Asia.
Non-GAAP Financial Measures
This report includes non-GAAP financial measures to provide enhanced visibility into Acuity's financial performance. Key metrics such as “adjusted operating profit” and “adjusted diluted EPS” are utilized to gauge operational efficiency, excluding certain costs. These non-GAAP measures should be considered supplementary to, but not a replacement for, GAAP results.