The financials
Lincoln Electric Holdings, Inc. by the numbers
Lincoln Electric Holdings, Inc. (LECO) reported revenue of $1.12B in Q1 2026 (quarter ended Mar 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 36% and net income of $136M (12% of revenue). For the full year FY2025, revenue was $4.23B (+5.6% year on year) and net income $521M. Its largest segment in Jun 2026 was Americas Welding at $774M, 63% of the disclosed total, well ahead of International Welding at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.12B | $1.00B | +12% |
| Gross profit | $399M | $365M | +9.2% |
| Operating income | $186M | $165M | +13% |
| Net income | $136M | $118M | +15% |
| Diluted EPS | $2.47 | $2.10 | +18% |
| Operating | Revenue | Share |
|---|---|---|
| Americas Welding | $774M | 63% |
| International Welding | $243M | 20% |
| Harris Products Group | $202M | 17% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.22B (+8.8%)
Harris Products Group grew +27% year on yearInternational Welding +4.5% year on year
Segment Latestquarter on quarteryear on year
- Americas Welding$774.4M$774.4MQoQ +9.7%year on year +11%+9.7%+11%
- International Welding$243.3M$243.3MQoQ +7.2%year on year +4.5%+7.2%+4.5%
- Harris Products Group$201.9M$201.9MQoQ +7.3%year on year +27%+7.3%+27%
Tools & Accessories
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