EarningsQ2 2026 Earnings Report
LIMAF Q2 2026 EPS Results
Actual EPS$2.16
Consensus EPS$2.19
Beat/MissMissed by -$0.03
One Year Ago EPS$1.97
LIMAF Q2 2026 Revenue Results
Actual Revenue$2.20B
Expected Revenue$2.13B
Beat/MissBeat by +$73.76M
YoY Revenue Growth+18.77%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeAfter Close
Conference CallWednesday, August 12, 2026
LIMAF Upcoming Earnings
Linamar's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
LIMAF Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong, record-breaking top-line performance, robust Mobility results (including Skyjack), sizable new business wins (~$800M), excellent free cash flow (~$236M in Q2; ~500M YTD), a very healthy balance sheet (net debt/EBITDA 0.52x) and ongoing capital returns. Offsetting these positives are notable headwinds in the Industrial group from amended 232 metal-derivative tariffs, softness in Agriculture (especially North America), FX pressure and near-term margin uncertainty. Management conveyed confidence in mitigation plans, continued M&A and onshoring opportunities, and an unchanged full-year outlook for double-digit sales growth and EPS improvement, but they maintained conservative near-term assumptions for tariff impacts.Company Guidance
Record Quarterly Sales and Top-Line Growth
Reported record sales of $3.1 billion, up 18.8% year-over-year, driven by strength in Mobility, acquisitions and launches.
Strong Profitability and EPS Growth
Normalized net earnings of $183 million (5.8% of sales), up 8.7% year-over-year; normalized EPS of $3.08, up 9.6% year-over-year.
Exceptional Mobility Segment Performance
Mobility sales of $2.4 billion (up ~20.5% YoY) and Q2 normalized operating earnings of $194 million, up 28.6% YoY; record sales and earnings, market share growth in every region and robust launch pipeline.
Skyjack Outperformance
Skyjack volumes up 46% in the quarter and 53% year-to-date; industry outlook improved to ~14% growth in 2026; new product SJ6940 RTE launched and LanyardGO won Best New Product award.
Strong Cash Generation and Balance Sheet
Generated $341.4 million in operating cash in Q2 and $236.5 million in free cash flow in the quarter (nearly $240M); year-to-date free cash flow nearly $500M. Cash balance $1.3 billion (up $266.1M YoY) and liquidity $2.0 billion; net debt-to-EBITDA improved to 0.52x (vs 1.02x a year ago).
Capital Returns and Shareholder Actions
Quarterly dividend increased 10% from $0.29 to $0.32 per share; NCIB repurchases ongoing with ~1+ million shares repurchased in the current program and ~2.8 million shares canceled since Nov 2024 (~$192M total returned).
New Business Wins, M&A and Onshoring Momentum
New business wins of close to $800 million for the quarter; continued tuck-in/distressed acquisition activity (Aludyne, Remscheid, Penzberg, others) and strong onshoring demand into Canada, U.S. and Mexico supporting future growth and program wins.
Operational Productivity and Automation
Automation progress highlighted (MacDon ~340 robots per 10,000 employees vs Canada average 240; Linamar overall ~1,200 robots per 10,000 employees), transferring mobility automation practices into Industrial/Ag to improve competitiveness.
CTD and Geographic Growth Metrics
Reported CTD growth: North America CTD up 25% to $363, Europe up 10.2% to $107, Asia Pacific up 12.6% to $12.65, and global CTD up 20% to $97.72 (as reported).
LIMAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed