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Earnings Score 48 Bullish

Lincoln Electric Posts Strong Q1 Growth in Earnings and Revenue

Apr 30, 2026 12:06 UTC
LECO
Short term

Lincoln Electric Holdings reported a 15.1% increase in first-quarter earnings, driven by robust organic sales and favorable currency effects. Total revenue for the period climbed to $1.12 billion.

  • Quarterly earnings increased 15.1% to $136.4 million
  • Revenue grew 11.7% to $1,121.4 million
  • Organic sales growth accounted for 7.8% of revenue increase
  • Adjusted EPS rose to $2.50 from $2.16
  • Foreign exchange provided a 2.3% favorable impact

Lincoln Electric Holdings, Inc. (LECO), a leading manufacturer of welding, cutting, and brazing products, has reported a significant increase in both earnings and revenue for the first quarter compared to the previous year. The company's quarterly earnings rose to $136.4 million, or $2.47 per share, up from $118.5 million, or $2.10 per share, in the same period last year. When excluding specific items, adjusted earnings reached $138.5 million, or $2.50 per share, compared to $121.9 million, or $2.16 per share, in the prior year. Total revenue grew by 11.7%, reaching $1,121.4 million from $1,004.4 million a year ago. This growth was primarily driven by a 7.8% increase in organic sales, while acquisitions provided a 1.6% benefit and favorable foreign exchange rates added another 2.3% to the top line. Ahead of the report, LECO shares closed at $257.51 on the Nasdaq, marking a slight decrease of 0.96%. The results underscore the company's ability to expand its margins and revenue base through a combination of organic demand and strategic inorganic growth.

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