Donaldson Co Inc income statement
In fiscal 2026, Donaldson Co Inc reported revenue of $3.89bn, up 5.3% on the year before, operating income of $600m (a 15.4% margin) and net income of $454m, or $3.85 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jul 2012 | 2013Jul 2013 | 2014Jul 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jul 2017 | 2018Jul 2018 | 2019Jul 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jul 2023 | 2024Jul 2024 | 2025Jul 2025 | 2026Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,877 | 2,294 | 2,493 | 2,437 | 2,474 | 2,371 | 2,220 | 2,372 | 2,734 | 2,845 | 2,582 | 2,854 | 3,307 | 3,431 | 3,586 | 3,691 | 3,886 |
| Cost of revenue | — | — | — | — | — | — | 1,466 | 1,551 | 1,798 | 1,897 | 1,710 | 1,882 | 2,239 | 2,270 | 2,312 | 2,405 | 2,540 |
| Gross profit | 659 | 814 | 874 | 847 | 878 | 809 | 755 | 821 | 936 | 948 | 872 | 972 | 1,067 | 1,161 | 1,274 | 1,286 | 1,346 |
| Research and development | 44 | 55 | 60 | 63 | 62 | 60 | 56 | 55 | 60 | 62 | 61 | 68 | 69 | 78 | 94 | 88 | 76 |
| Selling, general and administrative | 376 | 443 | — | — | — | — | — | — | — | 498 | 470 | 519 | 555 | 602 | 637 | 642 | 679 |
| Operating income | 238 | 315 | 363 | 343 | 356 | 288 | 274 | 324 | 377 | 388 | 340 | 385 | 444 | 480 | 544 | 495 | 600 |
| Interest expense | 12 | 13 | 11 | 11 | 10 | 15 | 21 | 20 | 21 | 20 | 17 | 13 | 15 | 19 | 21 | 24 | 36 |
| Income before tax | 230 | 312 | 371 | 348 | 361 | 289 | 257 | 322 | 364 | 375 | 335 | 381 | 438 | 469 | 535 | 492 | 586 |
| Income tax | 64 | 87 | 106 | 101 | 101 | 81 | 67 | 89 | 183 | 108 | 78 | 94 | 106 | 110 | 121 | 125 | 132 |
| Net income | 166 | 225 | 264 | 247 | 260 | 208 | 191 | 233 | 180 | 267 | 257 | 287 | 333 | 359 | 414 | 367 | 454 |
| Diluted EPS | $1.05 | $1.43 | $1.73 | $1.64 | $1.76 | $1.49 | $1.42 | $1.74 | $1.36 | $2.05 | $2.00 | $2.24 | $2.66 | $2.90 | $3.38 | $3.05 | $3.85 |
| Diluted shares (average) | 158m | 157m | 153m | 150m | 148m | 139m | 135m | 134m | 132m | 130m | 128m | 128m | 125m | 124m | 123m | 120m | 118m |
| EBITDA | 297 | 376 | 424 | 408 | 423 | 363 | 349 | 399 | 454 | 469 | 428 | 480 | 537 | 573 | 643 | 595 | 706 |
| Quarter | 2025 Q1Oct 2024 | 2025 Q2Jan 2025 | 2025 Q3Apr 2025 | 2025 Q4Jul 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 900 | 870 | 940 | 981 | 935 | 896 | 995 | 1,059 |
| Cost of revenue | 581 | 564 | 618 | 642 | 607 | 597 | 662 | 675 |
| Gross profit | 320 | 306 | 322 | 339 | 329 | 300 | 333 | 384 |
| Research and development | 23 | 21 | 21 | 23 | 19 | 19 | 19 | 19 |
| Selling, general and administrative | 166 | 159 | 152 | 165 | 170 | 163 | 159 | 188 |
| Operating income | 131 | 126 | 87 | 152 | 149 | 119 | 155 | 177 |
| Interest expense | 6 | 6 | 6 | 7 | 7 | 8 | 7 | 15 |
| Income before tax | 131 | 125 | 87 | 150 | 148 | 117 | 155 | 167 |
| Income tax | 32 | 29 | 29 | 35 | 34 | 24 | 37 | 38 |
| Net income | 99 | 96 | 58 | 114 | 114 | 93 | 118 | 129 |
| Diluted EPS | $0.81 | $0.79 | $0.48 | $0.96 | $0.97 | $0.78 | $1.00 | $1.10 |
| EBITDA | 156 | 151 | 112 | 176 | 174 | 143 | 179 | 210 |
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