Timken's second quarter revenue grew 7.5% to $1.26B and adjusted EPS beat estimates, prompting a raised 2026 outlook.

Timken reported second-quarter 2026 sales of $1.26 billion, up 7.5% year-over-year, and an adjusted diluted EPS of $1.83, a 28.9% increase from the prior year. The company's GAAP diluted EPS was $0.41, significantly impacted by an impairment charge related to the planned divestiture of its belts business.

Key Highlights

• Adjusted diluted EPS of $1.83 beat analyst estimates of $1.63, driven by higher volumes and favorable pricing.
• The Industrial Motion segment delivered strong performance, with sales surging 14.6% year-over-year to $453.9 million and its adjusted EBITDA margin expanding 500 basis points to 23.3%.
• Timken raised its full-year 2026 outlook, now expecting total revenue growth of approximately 5.5% (up from 5%) and increasing its adjusted EPS guidance to a range of $6.05 to $6.35.