Lincoln Electric Holdings, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, disclosing third-quarter and nine-month financial results including net sales of $1,221,281 thousand and net income of $144,346 thousand for the quarter.

Key Highlights

  • Q3 2026 net sales: $1,221,281 thousand, compared with $1,061,227 thousand in Q3 2025, according to the filing.
  • Q3 2026 net income: $144,346 thousand, up from $122,628 thousand in the prior-year quarter, as reported.
  • Q3 2026 diluted earnings per share: $2.63, versus $2.21 in Q3 2025, per the consolidated statements of income.
  • Nine-month net sales: $3,562,378 thousand for the nine months ended September 30, 2026, compared with $3,154,288 thousand for the same period in 2025.
  • Cash dividends declared per share: $0.79 for Q3 2026, compared with $0.75 in Q3 2025, per the filing.
  • Total assets: $3,893,630 thousand as of September 30, 2026, up from $3,777,577 thousand at December 31, 2025.
  • Shares outstanding: 54,156,967 common shares as of September 30, 2026, per the cover page.

Lincoln Electric Q3 and Nine-Month 2026 Financial Results

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, Lincoln Electric Holdings, Inc. (NASDAQ:LECO) reported net sales of $1,221,281 thousand for the three months ended September 30, 2026, compared with $1,061,227 thousand for the same quarter in 2025. Gross profit for Q3 2026 was $425,031 thousand, up from $389,311 thousand a year earlier. Operating income for the quarter was $211,376 thousand, versus $176,657 thousand in Q3 2025. The company reported rationalization and asset impairment net charges of $7,853 thousand in Q3 2026, compared with $5,831 thousand in Q3 2025.

For the nine months ended September 30, 2026, the filing disclosed net sales of $3,562,378 thousand and net income of $439,247 thousand, compared with $3,154,288 thousand and $384,511 thousand, respectively, for the nine months ended September 30, 2025. Nine-month diluted earnings per share were $7.97 in 2026 versus $6.86 in 2025. Interest expense, net, was $37,241 thousand for the nine-month period, compared with $38,394 thousand a year earlier.

The condensed consolidated balance sheet as of September 30, 2026, showed total current assets of $1,826,187 thousand and cash and cash equivalents of $283,237 thousand, versus $308,789 thousand at December 31, 2025. Long-term debt, less current portion, stood at $1,149,969 thousand. Total shareholders' equity was $1,554,721 thousand at September 30, 2026, compared with $1,469,794 thousand at December 31, 2025. The company held 44,424,467 treasury shares at cost as of September 30, 2026, valued at $3,508,173 thousand.

What Was Disclosed

Lincoln Electric Holdings, Inc. disclosed its unaudited quarterly financial statements for the three and nine months ended September 30, 2026, covering income, comprehensive income, balance sheet, equity, and cash flow data, in a Form 10-Q filed with the SEC.