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Applied Industrial Technologies AIT Prepaid & Other Current

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Other financials

Income statement

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Revenue$1.3B+7.3%
Gross profit$380.8M+7.2%
Operating income$137.9M+6.6%
Net income$99.8M0.0%
EPS (diluted)$2.65+3.1%

Balance sheet

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Cash & equivalents$171.6M-51.4%
Total debt$365.3M-36.2%
Total equity$1.9B+1.8%
Total assets$3.0B-4.1%

Cash flow

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Operating cash flow$100.1M-18.2%
CapEx$4.7M-37.3%
Free cash flow$95.4M-17.0%

Valuation

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Market cap$13.27B+31.5%
Enterprise value$13.46B+28.5%
P/E32.9×+7.2×
P/S2.7×+0.5×

Profitability

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Gross margin30.4%+0.1pp
Operating margin10.9%-0.3pp
Net margin8.3%-0.3pp
FCF margin9.1%-0.7pp

Returns & leverage

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Return on equity21.9%-0.3pp
Debt / equity0.2×-0.1×
Current ratio2.9×-0.6×

Where this comes from

Reported directly by Applied Industrial Technologies in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsCurrent.

The source filing: Applied Industrial Technologies’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:04 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000109563-26-000021
Line itemMarch 31,2026June 30,2025
Cash and cash equivalents$171,576$388,417
Accounts receivable, net792,849769,699
Inventories526,324505,337
Other current assets90,45784,020
Total current assets1,581,2061,747,473
Property, less accumulated depreciation of $262,959 and $256,016, respectively128,037128,154
Operating lease assets, net181,830188,654
Identifiable intangibles, net322,689348,600

Item 1. Financial Statements

FAQ

What is Applied Industrial Technologies's prepaid & other current?
Applied Industrial Technologies (AIT) reported prepaid & other current of $90.46M in Q1 2026.
How has Applied Industrial Technologies's prepaid & other current changed year-over-year?
Applied Industrial Technologies's prepaid & other current increased by 8.6% year-over-year, from $83.31M to $90.46M.
What is the long-term trend for Applied Industrial Technologies's prepaid & other current?
Over 4 years (2021 to 2025), Applied Industrial Technologies's prepaid & other current has grown at a 8.8% compound annual growth rate (CAGR), from $59.96M to $84.02M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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