Donaldson Company, Inc. (DCI) Income Statement
DCI FY2026 at a glance
Fiscal year ended July 31, 2026 · U.S. dollarsDCI revenue and net income
Where DCI's revenue goes
FY2026Each bar shows an amount and its share of revenue. DCI kept 11.7% of revenue as net income.
DCI profit margins
DCI growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.3% | +4.2% | +6.4% | +5.8% |
| Gross profit | +4.6% | +5.1% | +6.7% | +6.0% |
| Operating income | +7.6% | +7.7% | +9.3% | +8.1% |
| Net income | +23.7% | +8.1% | +9.6% | +9.1% |
| EPS (diluted) | +8.2% | +9.4% | +11.4% | +10.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DCI quarterly EPS vs estimates
Donaldson beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: December 3, 2026 (estimate $0.97).
DCI income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.89B | $3.69B | $3.59B | $3.43B | $3.31B | $2.85B | $2.58B | $2.84B | $2.73B | $2.37B |
| Cost of revenue | $2.54B | $2.40B | $2.31B | $2.27B | $2.24B | $1.88B | $1.71B | $1.90B | $1.80B | $1.55B |
| Gross profit | $1.35B | $1.29B | $1.27B | $1.16B | $1.07B | $971.7M | $871.6M | $948.3M | $935.5M | $823.1M |
| Research & development | $76.1M | $87.8M | $93.6M | $78.1M | $69.1M | $67.8M | $61.2M | $62.3M | $59.9M | $54.7M |
| Sales, general & admin | — | $641.0M | $636.7M | $602.3M | $554.8M | $519.2M | $470.3M | $497.8M | $495.6M | $439.8M |
| Total operating expenses | $746.0M | $728.8M | $730.3M | $680.4M | $623.9M | $587.0M | $531.5M | $560.1M | $555.5M | $494.5M |
| Operating income | $599.9M | $557.4M | $544.1M | $480.2M | $443.5M | $384.7M | $340.1M | $388.2M | $380.0M | $328.6M |
| Interest income | — | $39.6M | $35.4M | $19.2M | $13.1M | $13.0M | $10.5M | $15.3M | $12.6M | $13.4M |
| Interest expense | $36.0M | $24.2M | $21.4M | $19.2M | $14.9M | $13.0M | $17.4M | $19.9M | $21.3M | $19.5M |
| Income before taxes | $585.8M | $492.2M | $535.3M | $468.7M | $438.4M | $381.0M | $335.2M | $375.2M | $363.6M | $322.0M |
| Income taxes | $132.0M | $125.2M | $121.3M | $109.9M | $105.6M | $94.1M | $78.2M | $108.0M | $183.3M | $89.2M |
| Net income | $453.8M | $367.0M | $414.0M | $358.8M | $332.8M | $286.9M | $257.0M | $267.2M | $180.3M | $232.8M |
| EBITDA | $727.8M | $615.9M | $655.1M | $580.2M | $547.6M | $489.3M | $440.2M | $476.2M | $456.7M | $416.7M |
| EPS (diluted) | $3.98 | $3.68 | $3.42 | $3.04 | $2.69 | $2.32 | $2.01 | $2.22 | $2.00 | $1.69 |
| Gross margin | 34.6% | 34.8% | 35.5% | 33.8% | 32.3% | 34.0% | 33.8% | 33.3% | 34.2% | 34.7% |
| Operating margin | 15.4% | 15.1% | 15.2% | 14.0% | 13.4% | 13.5% | 13.2% | 13.6% | 13.9% | 13.9% |
| Net margin | 11.7% | 9.9% | 11.5% | 10.5% | 10.1% | 10.1% | 10.0% | 9.4% | 6.6% | 9.8% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $995.1M | $896.3M | $935.4M | $980.7M | $940.1M | $870.0M | $900.1M | $935.4M | $927.9M | $876.7M | $846.3M |
| Cost of revenue | $674.9M | $661.7M | $596.5M | $606.6M | $641.9M | $618.2M | $564.1M | $580.5M | $600.6M | $601.7M | $571.9M | $545.4M |
| Gross profit | $383.9M | $333.4M | $299.8M | $328.8M | $338.8M | $321.9M | $305.9M | $319.6M | $334.8M | $326.2M | $304.8M | $300.9M |
| Research & development | $19.1M | $19.2M | $18.6M | $19.2M | $22.5M | $21.4M | $21.2M | $22.7M | $25.4M | $24.8M | $22.1M | $21.3M |
| Sales, general & admin | — | $158.9M | $162.5M | $169.6M | $164.6M | $151.1M | $159.2M | $166.1M | $163.2M | $161.7M | $156.8M | $155.0M |
| Total operating expenses | $201.9M | $178.1M | $181.1M | $184.9M | $187.1M | $234.5M | $180.4M | $188.8M | $188.6M | $182.6M | $175.1M | $176.3M |
| Operating income | $182.5M | $155.3M | $118.7M | $143.4M | $151.7M | $87.4M | $125.5M | $130.8M | $146.2M | $143.6M | $129.7M | $124.6M |
| Interest income | — | — | $6.2M | $4.1M | $13.4M | $7.7M | $10.2M | $8.2M | — | — | — | — |
| Interest expense | $14.7M | $6.5M | $7.7M | $7.1M | $7.1M | $5.7M | $5.9M | $5.5M | $5.3M | $5.0M | $5.6M | $5.5M |
| Income before taxes | $166.9M | $154.8M | $116.6M | $147.5M | $149.7M | $87.0M | $125.0M | $130.5M | $139.4M | $144.0M | $129.0M | $122.9M |
| Income taxes | $37.6M | $36.7M | $24.1M | $33.6M | $35.4M | $29.2M | $29.1M | $31.5M | $29.7M | $30.5M | $30.3M | $30.8M |
| Net income | $129.3M | $118.1M | $92.5M | $113.9M | $114.3M | $57.8M | $95.9M | $99.0M | $109.7M | $113.5M | $98.7M | $92.1M |
| EBITDA | $214.6M | $185.4M | $148.9M | $178.9M | $181.2M | $117.3M | $155.9M | $161.5M | $169.6M | $166.0M | $159.2M | $152.7M |
| EPS (diluted) | $1.15 | $1.06 | $0.83 | $0.94 | $1.03 | $0.99 | $0.83 | $0.83 | $0.94 | $0.92 | $0.81 | $0.75 |
| Gross margin | 36.3% | 33.5% | 33.4% | 35.2% | 34.5% | 34.2% | 35.2% | 35.5% | 35.8% | 35.2% | 34.8% | 35.6% |
| Operating margin | 17.2% | 15.6% | 13.2% | 15.3% | 15.5% | 9.3% | 14.4% | 14.5% | 15.6% | 15.5% | 14.8% | 14.7% |
| Net margin | 12.2% | 11.9% | 10.3% | 12.2% | 11.7% | 6.1% | 11.0% | 11.0% | 11.7% | 12.2% | 11.3% | 10.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DCI's financial statements (latest annual report filed September 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DCI financial results
In fiscal year 2026 (ended July 31, 2026), Donaldson reported revenue of $3.9 billion, up 5.3% from the year before. It had net income of $453.8 million (up 23.7%), a net profit margin of 11.7%. Diluted earnings per share came to $3.98. Over five years revenue grew at an average rate of 6.4% a year.
See the DCI stock overview for the latest quote and news, or the DCI chart for price history and technical indicators.
DCI income statement FAQ
What is Donaldson's annual revenue?
Donaldson reported total revenue of $3.9 billion for fiscal year 2026, which ended on July 31, 2026. That was up 5.3% from $3.7 billion the previous year.
Is Donaldson profitable?
Yes. Donaldson reported net income of $453.8 million in fiscal 2026, a net profit margin of 11.7%; its operating margin was 15.4%.
What is Donaldson's gross margin?
Donaldson's gross margin was 34.6% in fiscal 2026: for every $100 of revenue, Donaldson kept $35 after the direct cost of its products and services.
How much does Donaldson spend on research and development?
Donaldson spent $76.1 million on research and development in fiscal 2026, 2.0% of revenue.
How fast is Donaldson growing?
Revenue grew 6.4% a year on average over the last five fiscal years, from $2.9 billion to $3.9 billion.
What are Donaldson's earnings per share?
Donaldson earned $3.98 per diluted share in fiscal 2026, compared with $3.68 a year earlier.
When will Donaldson report its next earnings?
Donaldson is expected to report results for the quarter ending October 31, 2026 on December 3, 2026 before the market opens.
When does Donaldson's fiscal year end?
Donaldson's fiscal year ends in July. The latest annual report covers the year ended July 31, 2026 and was filed on September 25, 2026.