Brady Corporation has recently released its 10-Q report, revealing a comprehensive overview of its business operations and financial performance. The company, which was incorporated in 1914 and is based in Milwaukee, Wisconsin, is a global manufacturer and supplier of identification and direct part marking solutions, high-performance materials, and workplace safety products. It is organized and managed on a geographic basis with two reportable segments: Americas & Asia and Europe & Australia.
In the three months ended January 31, 2026, Brady Corporation reported net sales of $384.1 million, marking a 7.7% increase from the same period in the prior year. The increase was driven by organic sales growth of 1.6%, sales growth from acquisitions of 2.3%, and a 3.8% increase from foreign currency translation. For the six months ended January 31, 2026, net sales increased by 7.6% to $789.4 million, with organic sales growth of 2.2%, sales growth from acquisitions of 2.8%, and a 2.6% increase from foreign currency translation.
The gross margin for the three months ended January 31, 2026, increased by 10.5% to $194.4 million, with a gross margin percentage of 50.6%, up from 49.3% in the same period in the prior year. For the six months ended January 31, 2026, the gross margin increased by 10.3% to $403.2 million, with a gross margin percentage of 51.1%, up from 49.8% in the same period in the prior year.
Operating income for the three months ended January 31, 2026, increased by 21.4% to $62.2 million, with an operating income percentage of 16.2%, up from 14.4% in the same period in the prior year. For the six months ended January 31, 2026, operating income increased by 18.2% to $130.2 million, with an operating income percentage of 16.5%, up from 15.0% in the same period in the prior year.
The company's income tax rate was 22.5% for both the three months ended January 31, 2026, and 2025, and 21.8% and 21.4% for the six months ended January 31, 2026, and 2025, respectively.
Brady Corporation's financial performance reflects its focus on organic sales growth, acquisitions, and cost efficiencies, positioning the company for continued success in its global operations. Today the company's shares have moved 0.43% to a price of $84.36. For more information, read the company's full 10-Q submission here.
