Jun 2026 (Q2 FY26) — Jul 30, 2026
Lincoln Electric Q2 FY26 — Record Performance Driven by Volume Inflection and Strong Americas Demand
Read the full callLincoln Electric (LECO) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Lincoln Electric earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,220 | +12.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 18.1 | +0.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 159 | +10.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$259.19 −1.11% · −$2.91
Performance +10.3% 1Y
1Y: $235.02 on 17 Oct 2025 → $259.19. High $298.88 (6 Feb 2026), low $220.64 (18 Nov 2025).
- Previous close
- $262.1
- 52-week range
- $220.64 – $298.88
- One year
- +8.26%
Overview
- Symbol
- LECO
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — Apr 30, 2026
Lincoln Electric Q1 FY26 — Record Sales and Adjusted EPS Amidst Geopolitical Headwinds
Read the full callEvery analysed call
Lincoln Electric earnings calls (LECO)
Financials
What the filings say
Net profit, year on year: +11% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 984 | 1,022 | 1,004 | 1,089 | 1,061 | 1,079 | 1,121 | 1,220 |
| Operating profit | 146 | 177 | 165 | 192 | 177 | 184 | 186 | 221 |
| Operating margin | 14.8% | 17.3% | 16.4% | 17.6% | 16.6% | 17.1% | 16.6% | 18.1% |
| Other income | -2 | 1 | 0 | 4 | 3 | 1 | 1 | -0 |
| Interest | 14 | 14 | 14 | 14 | 15 | 15 | 15 | 14 |
| Profit before tax | 132 | 167 | 153 | 184 | 166 | 173 | 173 | 208 |
| Tax rate | 23.6% | 16.1% | 22.7% | 21.9% | 26.1% | 21.2% | 21.3% | 23.8% |
| Net profit | 101 | 140 | 118 | 143 | 123 | 136 | 136 | 159 |
| EPS ($ per share) | 1.78 | — | 2.11 | 2.58 | 2.23 | — | 2.49 | 2.90 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 2,564 | 2,736 | 2,821 | 2,970 | 3,307 | 3,688 | 3,993 | 4,342 |
| Total liabilities | 1,462 | 1,552 | 1,524 | 1,728 | 2,147 | 2,068 | 2,193 | 2,308 |
| Fixed assets | 479 | 529 | 522 | 512 | 545 | 575 | 619 | 703 |
| Total assets | 2,350 | 2,371 | 2,314 | 2,592 | 3,181 | 3,377 | 3,520 | 3,778 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 329 | 403 | 351 | 365 | 383 | 668 | 599 | 661 |
| Cash from investing | 21 | -193 | -49 | -205 | -505 | -75 | -361 | -257 |
| Cash from financing | -302 | -372 | -246 | -222 | 134 | -412 | -245 | -462 |
| Net cash flow | 32 | -159 | 58 | -64 | 4 | 197 | -17 | -68 |
| Capital expenditure | -71 | -70 | -59 | -63 | -72 | -91 | -117 | -127 |
| Free cash flow | 258 | 334 | 292 | 303 | 312 | 577 | 482 | 534 |
LECO revenue by segment
Harris Products Group grew from 13% to 17% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Americas Welding | 65% | 64% | 65% | 64% | 65% | 63% | 63% | 64% | +11.2% |
| International Welding | 22% | 24% | 22% | 21% | 21% | 24% | 20% | 20% | +4.5% |
| Harris Products Group | 13% | 12% | 13% | 15% | 14% | 13% | 17% | 17% | +26.9% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
61 filings between Dec 10, 2025 and Aug 21, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$8.31M
7 sales by 3 insiders
Compensation
not trading decisions- 32
- Award — granted as compensation
- 2
- Option exercise — converted options into shares
- 19
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Bruno Gabriel | — | $5.00M | Mar 2, 2026 |
| Ansberry Jennifer I | — | $3.08M | Feb 17, 2026 |
| Whitehead Michael J | — | $232.2K | Jun 16, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 21, 2026 | Hedlund Steven B CHAIRMAN, PRESIDENT & CEO | Tax withheld | 409 | $115.3K |
| Jul 23, 2026 | Whaley Kevin J. EVP, Pres, Global Automation | Tax withheld | 216 | $54.1K |
| Jun 16, 2026 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Sale | 845 | $232.2K |
| May 1, 2026 | Doria Gregory EVP, PRES INTERNATIONAL | Tax withheld | 44 | $11.7K |
| Apr 17, 2026 | Benny Purushotam Patel Director | Award | 688 | $0 |
| Apr 17, 2026 | Chambers Brian Director | Award | 688 | $0 |
| Apr 17, 2026 | Goris Patrick P. Director | Award | 688 | $0 |
| Apr 17, 2026 | Falotico Nancy Joy Director | Award | 688 | $0 |
| Apr 17, 2026 | LINCOLN KATHRYN JO Director | Award | 688 | $0 |
| Apr 17, 2026 | Howze Marc A Director | Award | 688 | $0 |
| Apr 17, 2026 | ESPELAND CURTIS E Director | Award | 688 | $0 |
| Apr 17, 2026 | Fetch Bonnie J Director | Award | 688 | $0 |
| Apr 17, 2026 | Hilton Michael F Director | Award | 688 | $0 |
| Mar 2, 2026 | Doria Gregory EVP, PRES INTERNATIONAL | Award | 486 | $0 |
| Mar 2, 2026 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Tax withheld | 199 | $57.1K |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Option exercise | 17,473 | $2.00M |
| Mar 2, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Tax withheld | 770 | $221.1K |
| Mar 2, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Award | 1,712 | $0 |
| Mar 2, 2026 | Hedlund Steven B CHAIRMAN, PRESIDENT & CEO | Award | 3,182 | $0 |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Sale | 3,178 | $912.5K |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Gift | 2,898 | $0 |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Sale | 11,868 | $3.40M |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Award | 2,784 | $0 |
| Mar 2, 2026 | Dietrich Lisa EVP, CDIO | Award | 662 | $0 |
| Mar 2, 2026 | Dietrich Lisa EVP, CDIO | Tax withheld | 199 | $57.1K |
| Mar 2, 2026 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Award | 662 | $0 |
| Mar 2, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Sale | 2,427 | $692.8K |
| Mar 2, 2026 | Doria Gregory EVP, PRES INTERNATIONAL | Tax withheld | 146 | $41.9K |
| Feb 19, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Tax withheld | 161 | $46.4K |
| Feb 19, 2026 | Dietrich Lisa EVP, CDIO | Tax withheld | 61 | $17.6K |
| Feb 19, 2026 | Doria Gregory EVP, PRES INTERNATIONAL | Tax withheld | 25 | $7.2K |
| Feb 19, 2026 | Edwards Susan C EVP, CHRO | Tax withheld | 93 | $26.8K |
| Feb 19, 2026 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Tax withheld | 82 | $23.6K |
| Feb 19, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Tax withheld | 153 | $44.1K |
| Feb 19, 2026 | Hedlund Steven B CHAIRMAN, PRESIDENT & CEO | Tax withheld | 496 | $142.9K |
| Feb 18, 2026 | Hedlund Steven B CHAIRMAN, PRESIDENT & CEO | Award | 5,340 | $0 |
| Feb 18, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Award | 1,444 | $0 |
| Feb 18, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Award | 769 | $0 |
| Feb 18, 2026 | Dietrich Lisa EVP, CDIO | Award | 513 | $0 |
| Feb 18, 2026 | Doria Gregory EVP, PRES INTERNATIONAL | Award | 630 | $0 |
| Feb 18, 2026 | Edwards Susan C EVP, CHRO | Award | 598 | $0 |
| Feb 18, 2026 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Award | 800 | $0 |
| Feb 17, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Sale | 500 | $145.2K |
| Feb 17, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Sale | 2,400 | $694.0K |
| Feb 17, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Sale | 7,757 | $2.24M |
| Feb 17, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Option exercise | 10,657 | $1.22M |
| Feb 13, 2026 | Doria Gregory SVP, PRES INTERNATIONAL | Tax withheld | 150 | $44.1K |
| Feb 13, 2026 | Whitehead Michael J SVP, PRESIDENT, AMERICAS WELD | Tax withheld | 194 | $57.0K |
| Feb 13, 2026 | Ansberry Jennifer I EVP, GENERAL COUNSEL & SECY | Tax withheld | 465 | $136.6K |
| Feb 13, 2026 | Bruno Gabriel EVP, CFO & TREASURER | Tax withheld | 600 | $176.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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