Donaldson Company, Inc. (NYSE:DCI) stock rose Thursday after the company reported first-quarter fiscal 2026 results.

Sales rose 3.9% year over year (Y/Y) to $935.4 million, beating the consensus of $922.9 million, led by favorable currency translation and volume growth.

GAAP net earnings increased to $113.9 million (or 97 cents per share) from $99.0 million (or 81 cents per share) in the prior year.

This increase was primarily due to a pre-tax, non-recurring net benefit of $4.3 million.

Gross margin stood at 35.2% in the quarter compared to 35.5% a year ago quarter, on higher operating costs. Adjusted gross margin came in at 35.4% compared with 35.6% in the prior year quarter.

The company reported adjusted EPS of 94 cents, beating the consensus of 92 cents.

In the quarter, Donaldson spent $34.7 million in dividends and ...