Applied Industrial Technologies beats Q1 estimates, increases guidance

* Applied Industrial Technologies press release [https://seekingalpha.com/pr/20281448-applied-industrial-technologies-reports-fiscal-2026-first-quarter-results] (NYSE:AIT [https://seekingalpha.com/symbol/AIT]): Q1 GAAP EPS of $2.63 beats by $0.15.
* Revenue of $1.2B (+9.1% Y/Y) beats by $10M.
* Operating Income of $129.0 Million; EBITDA of $146.3 Million Up 13.4% YoY
* Operating Cash Flow of $119.3 Million; Free Cash Flow of $112.0 Million
* Increasing FY26 EPS Guidance to $10.10 to $10.85
* Reiterate FY26 Sales and EBITDA Margin Guidance

MORE ON APPLIED INDUSTRIAL TECHNOLOGIES

* Applied Industrial Technologies, Inc. 2025 Q4 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4813736-applied-industrial-technologies-inc-2025-q4-results-earnings-call-presentation]
* Applied Industrial Technologies, Inc. (AIT) Q4 2025 Earnings Call Transcript [https://seekingalpha.com/article/4813735-applied-industrial-technologies-inc-ait-q4-2025-earnings-call-transcript]
* Applied Industrial Technologies Q1 2026 Earnings Preview [https://seekingalpha.com/news/4508917-applied-industrial-technologies-q1-2026-earnings-preview]
* Applied Industrial Technologies targets 4% to 7% sales growth in fiscal 2026 while expanding M&A activity [https://seekingalpha.com/news/4485588-applied-industrial-technologies-targets-4-percent-to-7-percent-sales-growth-in-fiscal-2026]
* Seeking Alpha’s Quant Rating on Applied Industrial Technologies [https://seekingalpha.com/symbol/AIT/ratings/quant-ratings]