Lennox International

LII · Industrials · Market cap $14.3B

Q1 FY26 Mar 31, 2026 reported Apr 29, 2026

Revenue$1.1B +6% year over year

Gross profit$0.4B

Operating profit$0.2B

Net profit$0.1B 10% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.1	100%	+6%
Residential Heating and Cooling	0.7	64%	−10%
Commercial Heating and Cooling	0.5	45%	+38%
Cost of revenue	−0.8	73%
Gross profit	0.4	31% margin	−1pp
SG&A	−0.2	16%	+0pp
Operating profit	0.2	14% margin	−1pp
Net profit	0.1	10%	−2pp

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.1	100%	+2%
Residential Heating and Cooling	0.7	64%	+7%
Commercial Heating and Cooling	0.4	36%	−6%
Cost of revenue	−0.7	64%
Gross profit	0.3	32% margin	−1pp
SG&A	−0.2	16%	+0pp
Operating profit	0.2	16% margin	+0pp
Net profit	0.1	12%	+0pp

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 31, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.3	100%	+16%
Residential Heating and Cooling	0.9	69%	+25%
Commercial Heating and Cooling	0.5	38%	+17%
Cost of revenue	−0.9	69%
Gross profit	0.5	34% margin	+3pp
SG&A	−0.2	15%	+0pp
Operating profit	0.3	19% margin	+2pp
Net profit	0.2	15%	+2pp

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.5	100%	+10%
Residential Heating and Cooling	1	67%	+15%
Commercial Heating and Cooling	0.5	33%	+15%
Cost of revenue	−1	67%
Gross profit	0.5	33% margin	+1pp
SG&A	−0.2	12%	−1pp
Operating profit	0.3	20% margin	+7pp
Tax	−0.1
Net profit	0.2	16%	+6pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Mar 31, 2026	Apr 29, 2026	$1.1B	+6%	18%	$0.1B	10%
Q1 FY25	Jan 1 – Mar 31, 2025	Apr 23, 2025	$1.1B	+2%	18%	$0.1B	12%
Q4 FY24	Oct 1 – Dec 31, 2024	Feb 11, 2025	$1.3B	+16%	23%	$0.2B	15%
Q3 FY24	Jul 1 – Sep 30, 2024	Oct 23, 2024	$1.5B	+10%	20%	$0.2B	16%