DONALDSON Co INCDCIEarnings & Financial Report
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals. Also the company's research division, located in Minneapolis, Minn., participated in defense-related projects for various military applications.
Revenue
$935.4M
Gross Profit
$334.8M
Operating Profit
$146.2M
Net Profit
$109.7M
Gross Margin
35.8%
Operating Margin
15.6%
Net Margin
11.7%
YoY Growth
6.4%
EPS
$0.90
DONALDSON Co INC Q4 FY2024 Financial Summary
DONALDSON Co INC reported revenue of $935.4M (up 6.4% YoY) for Q4 FY2024, with a net profit of $109.7M (up 19.4% YoY) (11.7% margin). Cost of goods sold was $600.6M, operating expenses totaled $188.6M.
Key Financial Metrics
| Total Revenue | $935.4M |
|---|---|
| Net Profit | $109.7M |
| Gross Margin | 35.8% |
| Operating Margin | 15.6% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
DONALDSON Co INC Q4 FY2024 revenue of $935.4M breaks down across 6 segments, led by Aftermarket Products at $452.5M (48.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Aftermarket Products | $452.5M | 48.4% |
| Industrial Filtration Solutions Products | $237.4M | 25.4% |
| Off Road Products | $90.0M | 9.6% |
| Life Sciences Segment | $72.3M | 7.7% |
| Aerospace And Defense Products | $50.4M | 5.4% |
| On Road Products | $32.8M | 3.5% |
DONALDSON Co INC Revenue by Segment — Quarterly Trend
DONALDSON Co INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Aftermarket Products and Industrial Filtration Solutions Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Aftermarket Products | $447.1M | $467.6M | $460.1M | $442.0M |
| Industrial Filtration Solutions Products | $222.6M | $262.5M | $231.8M | $207.5M |
| Off Road Products | $86.5M | $94.6M | $95.6M | $80.2M |
| Life Sciences Segment | $80.0M | $82.4M | $74.2M | $68.8M |
| Aerospace And Defense Products | $37.1M | $47.3M | $51.5M | $46.2M |
DONALDSON Co INC Annual Revenue by Year
DONALDSON Co INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.7B |
| 2024 | $3.6B |
| 2023 | $3.4B |
| 2022 | $3.3B |
DONALDSON Co INC Quarterly Revenue & Net Profit History
DONALDSON Co INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $935.4M | +3.9% | $113.9M | 12.2% |
| Q4 FY2025 | $980.7M | +4.8% | $114.3M | 11.7% |
| Q3 FY2025 | $940.1M | +1.3% | $57.8M | 6.1% |
| Q2 FY2025 | $870.0M | -0.8% | $95.9M | 11.0% |
| Q1 FY2025 | $900.1M | +6.4% | $99.0M | 11.0% |
| Q4 FY2024 | $935.4M | +6.4% | $109.7M | 11.7% |
| Q3 FY2024 | $927.9M | +6.0% | $113.5M | 12.2% |
| Q2 FY2024 | $876.7M | +5.8% | $98.7M | 11.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $876.7M | $927.9M | $935.4M | $900.1M | $870.0M | $940.1M | $980.7M | $935.4M |
| YoY Growth | 5.8% | 6.0% | 6.4% | 6.4% | -0.8% | 1.3% | 4.8% | 3.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.78B | $2.87B | $2.91B | $3.04B | $2.96B | $3.00B | $2.98B | $3.03B |
| Liabilities | $1.41B | $1.38B | $1.43B | $1.50B | $1.42B | $1.53B | $1.52B | $1.51B |
| Equity | $1.38B | $1.48B | $1.49B | $1.54B | $1.54B | $1.46B | $1.45B | $1.52B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $87.0M | $141.5M | $126.0M | $72.9M | $90.4M | $87.7M | $167.8M | $125.4M |