Inferra AI / Company / MOD
Modine Manufacturing Co
MOD · Industrials
Last earnings Oct 7, 2026
Key results
Gross marginquarter
18.9 percent
Gross margin in the Performance Technologies segment increased 110 basis points to 18.9 percent driven by favorable pricing.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
EPSquarter
$1.19
Adjusted earnings per share was $1.19, compared with adjusted earnings per share of $0.92 in the prior year, an increase of $0.27, or 29 percent.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Revenuequarter
$544.6 million
Third Quarter Segment Review Climate Solutions segment sales were $544.6 million, compared with $360.8 million one year ago, an increase of 51 percent.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The segment reported gross margin of 24.8 percent, which was 380 basis points lower than the prior year.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Operating incomequarter
$83.2 million
The segment reported operating income of $83.2 million, a 33 percent increase from the prior year, and adjusted EBITDA of $97.4 million, an increase of 29 percent from the prior year.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Performance Technologies segment sales were $266.0 million, compared with $262.2 million one year ago, an increase of 1 percent.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The segment reported gross margin of 18.9 percent, which was 110 basis points higher than the prior year, primarily due to the positive impact of cost recoveries from pass-through pricing and improved operating efficiencies.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The segment reported operating income of $25.8 million, a 63 percent increase from the prior year, and adjusted EBITDA of $39.3 million, a 38 percent increase from the prior year.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
AI analysis
Q3 FY2026 · reported Feb 4, 2026
Based on: Earnings release + Q3 FY2026 deck + parent 8-K — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Feb 4, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q3 FY2026 | Prior qtr | Year ago |
|---|---|---|---|
| Gross margin | 18.9 percent | — | — |
| EPS | $1.19 | — | — |
| Revenue | $544.6 million | — | $360.8 million |
| Operating income | $83.2 million | — | — |
Guidance · company-stated
Direction: Raised
“htm EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Modine Reports Third Quarter Fiscal 2026 Results Ongoing execution of planned production ramp for Data Center products drives top-line growth of 51% in Climate Solutions segment; raising full-year outlook for revenue and earnings Racine, WI February 4, 2026 Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2025.”
“Given the strong demand for our products, coupled with our ability to successfully execute on our planned capacity expansion, we are also raising our multi-year outlook for Data Center sales to 50 to 70 percent annual growth for the next two years, putting us solidly ahead of our $2 billion revenue target for fiscal year 2028.”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
This decrease was due to an increase in working capital, primarily related to higher inventory balances and higher capital expenditures to support growth in Data Centers.
Total debt was $615.8 million as of December 31, 2025.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +267.2% computed from stated figures
Event summary
Third Quarter Financial Results Net sales incre
Based on: Earnings release + Q3 FY2026 deck + parent 8-K — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “htm EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Modine Reports Third Quarter Fiscal 2026 Results Ongoing execution of planned production ramp for Data Center products drives top-line growth of 51% in Climate Solutions segment; raising full-year outlook for revenue and earnings Racine, WI February 4, 2026 Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2025.”
Revenue: “Given the strong demand for our products, coupled with our ability to successfully execute on our planned capacity expansion, we are also raising our multi-year outlook for Data Center sales to 50 to 70 percent annual growth for the next two years, putting us solidly ahead of our $2 billion revenue target for fiscal year 2028.”
Revenue — Raised (“raising”)
“htm EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Modine Reports Third Quarter Fiscal 2026 Results Ongoing execution of planned production ramp for Data Center products drives top-line growth of 51% in Climate Solutions segment; raising full-year outlook for revenue and earnings Racine, WI February 4, 2026 Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2025.”
Revenue — Raised (“raising”)
“Outlook Based on our strong performance this quarter and continued momentum within our Climate Solution segment during the start of the fourth quarter, we are raising our outlook for both revenue and adjusted EBITDA, said Brinker.”
Revenue — Raised (“raising”)
“Given the strong demand for our products, coupled with our ability to successfully execute on our planned capacity expansion, we are also raising our multi-year outlook for Data Center sales to 50 to 70 percent annual growth for the next two years, putting us solidly ahead of our $2 billion revenue target for fiscal year 2028.”
Classified from the release's primary full-year outlook statement.
Capital allocation
This decrease was due to an increase in working capital, primarily related to higher inventory balances and higher capital expenditures to support growth in Data Centers.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Total debt was $615.8 million as of December 31, 2025.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Net debt was $517.1 million as of December 31, 2025, an increase of $237.9 million from the end of fiscal 2025.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
This increase resulted from borrowings to fund growth in working capital, acquisitions and capital expenditures.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
3 Non-GAAP Financial Disclosures Adjusted EBITDA, adjusted EBITDA margin, adjusted earnings per share, net debt, free cash flow, organic sales and organic sales growth (which are defined below) as used in this press release are not measures that are defined in generally accepted accounting principles (GAAP).
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Definition Net debt The sum of debt due within one year and long-term debt, less cash and cash equivalents.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Strategy & priorities
The capacity expansion for data center products remains on schedule, with new production lines contributing to a 31 percent sequential increase in sales compared to the second fiscal quarter.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
This marks a major milestone in our strategic transformation, including a significant acceleration of our strategy to evolve our portfolio to drive long-term value for our shareholders, customers and employees.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The combination of Performance Technologies with Gentherm will create a scaled leader in thermal management and solutions, while Modine will become a pure-play climate solutions company, focused on the high-growth data center and commercial HVAC and refrigeration markets.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The decrease in gross margin was primarily driven by lower gross margin in the Climate Solutions segment, which resulted primarily from higher temporary costs related to the capacity expansion for data center products.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
The increase was primarily due to higher spending to support growth and acquisitions in Climate Solutions, partially offset by the positive impact of cost saving initiatives in Performance Technologies.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Risks & headwinds
About Modine For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Modine s actual results, performance or achievements may differ materially from those expressed or implied in these statements because of certain risks and uncertainties, including, but not limited to those described under Risk Factors in Item 1A of Part I of the Company s Annual Report on Form 10-K for the year ended March 31, 2025.
SEC original ↗Modine Manufacturing Co — Earnings release (8-K exhibit)EX-99Feb 4, 2026
Modine's actual results, performance or achievements may differ materially from those expressed or implied in these statements because of certain risks and uncertainties, including, but not limited to those described under “Risk Factors” in Item 1A of Part I of the Company's Annual Report on Form 10-K for the year ended March 31, 2025.
SEC original ↗Modine Manufacturing Co — Presentation / slide deck (8-K exhibit)EX-99Feb 4, 2026
Earnings deck slides
0 decks with slide viewModine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Modine Manufacturing Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q3 2026
- 8-K/AMOD
- 8-KMOD
Oct 1, 2026
- Q2 2026
- 8-KMOD
Sep 17, 2026
- 8-KMOD
Sep 10, 2026
- 8-KMOD
Aug 21, 2026
- 10-QMOD
Jul 30, 2026
- 8-KMOD
Jul 29, 2026
- 8-KMOD
Jul 24, 2026
- Q1 2026
- 10-KMOD
May 27, 2026
- 8-KMOD
May 26, 2026
- 8-KMOD
May 5, 2026
- Q4 2025
- 8-KMOD
Feb 17, 2026
- 10-QMOD
- 8-KMOD
Feb 4, 2026
- 8-KMOD
Jan 29, 2026
- Q3 2025
- 8-KMOD
Dec 29, 2025
- 8-KMOD
Dec 9, 2025
- 8-KMOD
Nov 14, 2025
- 10-QMOD
Oct 29, 2025
- 8-K/AMOD
Oct 29, 2025
- 8-KMOD
Oct 28, 2025
- Q2 2025
- 8-KMOD
Aug 22, 2025
- 10-QMOD
Jul 31, 2025
- 8-KMOD
Jul 30, 2025
- 8-KMOD
Jul 21, 2025
- 8-KMOD
Jul 16, 2025
- 8-KMOD
Jul 1, 2025
- Q1 2025
- 8-KMOD
May 30, 2025
- 10-KMOD
May 21, 2025
- 8-KMOD
May 20, 2025
Earnings releases
13 documentsPresentations
9 documents
Transcripts
0 documentsNo transcripts for Modine Manufacturing Co are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Modine Manufacturing Co by name or ticker. A mention is counted once per document, from the document text the library holds.
“cular and MXL Specific Growth Opportunities INFRASTRUCTURE CONNECTIVITY PAM4 DSP TRX / MOD WiFi Ethernet BROADBAND Gateway SoC RF Front-End INDUSTRIAL / MULTI-MARKET Power / Analog Interface Execute… …geopolitical and economic tensions amon”
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