The financials
Lennox International by the numbers
Lennox International (LII) reported revenue of $1.14B in Q1 2026 (quarter ended Mar 31, 2026), up 5.8% from the same quarter a year earlier. That came with a gross margin of 31% and net income of $117M (10% of revenue). For the full year FY2025, revenue was $5.20B (−2.7% year on year) and net income $806M. Its largest segment in Jun 2026 was Residential Heating And Cooling at $936M, 61% of the disclosed total, well ahead of Commercial Heating And Cooling at 39%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.14B | $1.07B | +5.8% |
| Gross profit | $351M | $341M | +3.1% |
| Operating income | $164M | $168M | −2.7% |
| Net income | $117M | $130M | −9.6% |
| Diluted EPS | $3.35 | $3.63 | −7.7% |
| Operating | Revenue | Share |
|---|---|---|
| Residential Heating And Cooling | $936M | 61% |
| Commercial Heating And Cooling | $610M | 39% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.55B (+36%)
Commercial Heating And Cooling grew +24% year on yearResidential Heating And Cooling -7.3% year on year
Segment Latestquarter on quarteryear on year
- Residential Heating And Cooling$935.6M$935.6MQoQ +44%year on year -7.3%+44%-7.3%
- Commercial Heating And Cooling$609.7M$609.7MQoQ +26%year on year +24%+26%+24%
Building Products & Equipment
The closest names by size in the same industry