Brady Corporation announced its financial results for the fiscal year ended July 31, 2026, reporting record annual revenue and adjusted diluted earnings per share. For the fourth quarter of fiscal 2026, sales totaled $436.9 million, representing a 10.0% increase compared to the same period in the prior year. This growth was driven primarily by organic sales growth of 8.4%. By region, sales increased 13.5% in the Americas & Asia and 3.2% in Europe & Australia.
Net income for the fourth quarter was $45.6 million, a decrease from $49.9 million in the prior year, attributed to acquisition and integration-related costs. However, adjusted net income increased 17.5% to $70.7 million. Adjusted diluted earnings per share (EPS) for the quarter were $1.48, up 17.5% from $1.26 in the prior year.
For the full fiscal year, sales increased 9.8% to $1.66 billion, with organic growth contributing 5.3%. Net income for the year was $205.4 million, an increase of 8.5% from $189.3 million. Adjusted net income rose 14.2% to $252.6 million, and the company achieved a record adjusted diluted EPS of $5.29, a 15.0% increase compared to fiscal 2025.
Brady also reported that its cash flow from operating activities increased nearly 35% to $244.1 million in fiscal 2026, compared to $181.2 million in fiscal 2025. The company returned $88.3 million to shareholders through dividends and share buybacks. As of July 31, 2026, the company reported a net cash position of $172.2 million.
In other news, on September 1, 2026, Brady’s Board of Directors approved an increase in the annual cash dividend on its Class A Common Stock from $0.98 to $1.00 per share. A quarterly dividend of $0.25 per share will be paid on October 30, 2026, to shareholders of record as of the close of business on October 9, 2026.
Looking ahead, Brady provided fiscal year 2027 guidance. The company expects adjusted diluted EPS to range from $6.25 to $6.75 per share, representing growth of between 18.1% and 27.6% compared to fiscal 2026. The company projects approximately $0.80 in adjusted diluted EPS accretion from the newly acquired Intelligent Productivity Solutions (IPS) business, with the majority of the contribution expected in the second half of the fiscal year.
