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Segments

By segment

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Americas & Asia$16.95M+27.3%
Europe & Australia$6.58M+12.0%

Other financials

Income statement

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Revenue$435.2M+13.8%
Gross profit$225.5M+15.6%
Operating income$73.2M+9.0%
Net income$57.8M+10.6%
EPS (diluted)$1.21+11.0%

Balance sheet

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Cash & equivalents$175.5M+15.3%
Total debt$88.5M-45.2%
Total equity$1.3B+15.1%
Total assets$1.8B+7.9%

Cash flow

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Operating cash flow$78.2M+30.7%
CapEx$11.0M+159%
Free cash flow$67.2M+20.8%

Valuation

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Market cap$4.63B+38.2%
Enterprise value$4.54B+36.3%
P/E22.1×+4.4×
P/S2.9×+0.6×

Profitability

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Gross margin51.1%+0.6pp
Operating margin16.2%-0.5pp
Net margin12.9%-0.4pp
FCF margin11.2%-1.0pp

Returns & leverage

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Return on equity16.7%-1.1pp
Debt / equity0.1×-0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Brady Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Brady Corporation’s 10-Q, filed May 18, 2026.

Filed
May 18, 2026, 7:06 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000746598-26-000020
Line itemThree months ended April 30, 2026Three months ended April 30, 2025Nine months ended April 30, 2026Nine months ended April 30, 2025
Cost of goods sold209,768187,531595,966555,739
Gross margin225,469195,059628,695560,591
Operating expenses:
Research and development23,53119,19171,13256,835
Selling, general and administrative128,732108,678354,195326,410
Total operating expenses152,263127,869425,327383,245
Operating income73,20667,190203,368177,346
Other income (expense):

Item 1. Financial Statements (Unaudited)

FAQ

What is Brady Corporation's R&D?
Brady Corporation (BRC) reported R&D of $23.53M in Q1 2026.
How has Brady Corporation's R&D changed year-over-year?
Brady Corporation's R&D increased by 22.6% year-over-year, from $19.19M to $23.53M.
What is the long-term trend for Brady Corporation's R&D?
Over 4 years (2021 to 2025), Brady Corporation's R&D has grown at a 15.7% compound annual growth rate (CAGR), from $44.55M to $79.89M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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