Earnings release
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SAcuity Acuity Reports Fiscal 2026 Fourth - Quarter and Full - Year Results October 1 , 2026 Solid Execution Delivers Net Sales Growth , Improved Operating Performance , and Strong Cash Flow Fiscal Q4 2026 Highlights : • Delivered Fiscal Q4 2026 Net Sales of $ 1.2B , Up 3 % Compared to the Prior Year • Delivered Fiscal Q4 2026 Diluted EPS of $ 5.63 , Up 56 % Compared to the Prior Year ; Adjusted Diluted EPS of $ 5.77 , Up 11 % Compared to the Prior Year Fiscal 2026 Highlights : • Delivered Fiscal 2026 Net Sales of $ 4.6B , Up 7 % Compared to the Prior Year • Delivered Fiscal 2026 Diluted EPS of $ 17.05 , Up 36 % Compared to the Prior Year ; Adjusted Diluted EPS of $ 19.90 , Up 11 % Compared to the Prior Year • Generated $ 826M in Cash Flow from Operations in Fiscal 2026 ATLANTA , Oct. 01 , 2026 ( GLOBE NEWSWIRE ) -- Acuity Inc. ( NYSE : AYI ) ( " Acuity " ) , a market - leading industrial technology company , delivered net sales of $ 1.2 billion in the fourth quarter of fiscal 2026 ended August 31 , 2026 , an increase of $ 35.3 million , or 2.9 percent , compared to the prior year . " We demonstrated solid execution in the fourth quarter of fiscal 2026. We grew sales and expanded our adjusted operating profit and adjusted operating profit margin . We increased our adjusted diluted earnings per share , generated strong cash flow and allocated capital effectively , " stated Neil Ashe , Chairman , President and Chief Executive Officer of Acuity Inc. " Throughout fiscal 2026 we strengthened Acuity Brands Lighting while continuing to scale Acuity Intelligent Spaces , building the operating and financial capacity needed to compound growth and value over time . " During the fourth quarter of fiscal 2026 we received $ 44.9 million in tariff refunds , which are reflected as a non - GAAP adjustment in our results . We also took certain actions that resulted in $ 17.8 million of special charges . Of these charges $ 14.7 million related to initiatives in our Acuity Brands Lighting segment involving our product portfolio , supply chain , and operating footprint , while $ 3.1 million related to a facility impairment in our Acuity Intelligent Spaces segment . Operating profit was $ 227.0 million in the fourth quarter of fiscal 2026 , an increase of $ 46.4 million , or 25.7 percent , compared to the prior year . Operating profit as a percent of net sales was 18.2 percent in the fourth quarter of fiscal 2026 , an increase of 330 basis points compared to the prior year . Adjusted operating profit was $ 232.9 million in the fourth quarter of fiscal 2026 , an increase of $ 7.6 million , or 3.4 percent , compared to the prior year . Adjusted operating profit as a percent of net sales was 18.7 percent in the fourth quarter of fiscal 2026 , an increase of 10 basis points compared to the prior year . Diluted earnings per share was $ 5.63 in the fourth quarter of fiscal 2026 , an increase of $ 2.02 , or 56.0 percent , compared to the prior year . Adjusted diluted earnings per share was $ 5.77 in the fourth quarter of fiscal 2026 , an increase of $ 0.57 , or 11.0 percent , compared to the prior year . Full - Year 2026 Summary Net sales of $ 4.6 billion for the full year of fiscal 2026 increased $ 296.2 million , or 6.8 percent , compared to the prior year . Operating profit was $ 713.7 million for the full year of fiscal 2026 , an increase of $ 149.8 million , or 26.6 percent , compared to the prior year . Operating profit as a percent of net sales was 15.4 percent , an increase of 240 basis points compared to the prior year . Adjusted operating profit was $ 828.7 million for the full year of fiscal 2026 , an increase of $ 60.1 million , or 7.8 percent , compared to the prior year . Adjusted operating profit as a percent of net sales was 17.9 percent , an increase of 20 basis points compared to the prior year . Diluted earnings per share was $ 17.05 for the full year of fiscal 2026 , an increase of $ 4.52 , or 36.1 percent , compared to the prior year . Adjusted diluted earnings per share was $ 19.90 , an increase of $ 1.89 , or 10.5 percent , compared to the prior year . Segment Performance Acuity Brands Lighting ( " ABL " ) Fourth - Quarter Results ABL generated net sales of $ 958.7 million in the fourth quarter of fiscal 2026 , a decrease of $ 3.7 million , or 0.4 percent , compared to the prior year . ABL operating profit was $ 188.8 million in the fourth quarter of fiscal 2026 , an increase of $ 5.8 million , or 3.2 percent , compared to the prior year . ABL operating profit as a percent of ABL net sales was 19.7 percent in the fourth quarter of fiscal 2026 , an increase of 70 basis points compared to the prior year . ABL adjusted operating profit was $ 179.8 million in the fourth quarter of fiscal 2026 , a decrease of $ 13.8 million , or 7.1 percent , compared to the prior year . ABL adjusted operating profit as a percent of ABL net sales was 18.8 percent in the fourth quarter of fiscal 2026 , a decrease of 130 basis