The Timken Company filed its third-quarter 2026 earnings release on November 4, 2026, reporting net sales of $1.21 billion, diluted EPS of $1.34, and raising its full-year 2026 earnings outlook.

Key Highlights

  • Net sales of $1,211.4 million in Q3 2026, up 4.7 percent from $1,157.1 million in Q3 2025, according to the filing.
  • Diluted EPS of $1.34, compared to $0.99 in the same period a year ago, a 35.4 percent increase.
  • Adjusted EPS of $1.65, up 20.4 percent from adjusted EPS of $1.37 in Q3 2025.
  • Free cash flow of $221.4 million, up 35.2 percent from $163.8 million in Q3 2025.
  • Full-year 2026 EPS outlook raised to a range of $4.05 to $4.20, with adjusted EPS now expected in the range of $6.35 to $6.50.
  • Approximately 505 thousand shares repurchased during the quarter; total cash returned to shareholders was $88.7 million through dividends and repurchases.
  • Net debt to adjusted EBITDA of 1.7 times as of September 30, 2026, per the filing.

Timken Q3 2026 Segment Performance and Outlook Details

The Timken Company (NYSE:TKR) reported third-quarter 2026 results on November 4, 2026. According to the filing, net income for the quarter was $93.8 million, or $1.34 per diluted share, compared with $69.3 million, or $0.99 per diluted share, in Q3 2025. The net income margin improved to 7.7 percent from 6.0 percent in the year-ago period. Excluding special items, adjusted net income was $115.1 million, or $1.65 per diluted share. Adjusted EBITDA was $224.6 million, or 18.5 percent of sales, versus $201.7 million, or 17.4 percent, in Q3 2025. The filing noted that adjusted EBITDA in the current period includes a net benefit of $12.4 million for IEEPA tariff refunds.

The filing disclosed that the Engineered Bearings segment posted sales of $771.4 million, up 0.7 percent year over year, driven primarily by higher pricing and slightly favorable foreign currency translation. Adjusted EBITDA for Engineered Bearings was $155.8 million, or 20.2 percent of sales, compared with $144.2 million, or 18.8 percent, a year earlier. The Industrial Motion segment reported sales of $440.0 million, an increase of 12.4 percent, driven by higher demand, revenue from the Bijur Delimon acquisition, and higher pricing. Industrial Motion adjusted EBITDA was $87.0 million, or 19.8 percent of sales, versus $74.5 million, or 19.0 percent, in Q3 2025.

The company also disclosed the completed sale of its belts business to Gates Industrial Corporation Ltd. at the end of the third quarter, which the filing states "is expected to improve the adjusted EBITDA margins of the Industrial Motion segment." For the full year 2026, the company disclosed it is planning for revenue to be up approximately 5.5 percent in total from 2025. The filing notes that forward-looking statements, including the 2026 outlook, are subject to the company's cautionary language regarding factors that could cause actual results to differ materially.

What Was Disclosed

Timken reported Q3 2026 net sales of $1,211.4 million, diluted EPS of $1.34, adjusted EPS of $1.65, and free cash flow of $221.4 million. The company raised its 2026 full-year EPS outlook to $4.05-$4.20 and adjusted EPS to $6.35-$6.50.