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Modine Manufacturing MOD Performance Technologies — Restructuring Charges
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Where this comes from
Reported directly by Modine Manufacturing in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Modine Manufacturing’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 12:50 PM EDT
- Fiscal quarter
- Q1 FY2027
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-088569
| Line item | Three months ended June 30, 2026 / Data / Centers | Three months ended June 30, 2026 / Commercial / HVAC | Three months ended June 30, 2026 / Performance / Technologies | Three months ended June 30, 2026 / Corporate / and / eliminations | Three months ended June 30, 2026 / Total | Three months ended June 30, 2025 / Data / Centers | Three months ended June 30, 2025 / Commercial / HVAC | Three months ended June 30, 2025 / Performance / Technologies | Three months ended June 30, 2025 / Corporate / and / eliminations | Three months ended June 30, 2025 / Total |
|---|---|---|---|---|---|---|---|---|---|---|
| External sales | $348.4 | $247.9 | $277.8 | — | $874.1 | $183.6 | $213.7 | $285.5 | — | $682.8 |
| Inter-segment sales | 0.2 | 13.7 | — | (13.9) | — | 0.1 | 0.5 | — | (0.6) | — |
| Net sales | 348.6 | 261.6 | 277.8 | (13.9) | 874.1 | 183.7 | 214.2 | 285.5 | (0.6) | 682.8 |
| Cost of sales | 278.3 | 197.7 | 229.0 | (12.9) | 692.1 | 129.0 | 156.0 | 233.6 | (1.2) | 517.4 |
| Gross profit | 70.3 | 63.9 | 48.8 | (1.0) | 182.0 | 54.7 | 58.2 | 51.9 | 0.6 | 165.4 |
| Selling, general and administrative expenses | 24.0 | 30.3 | 19.5 | 29.5 | 103.3 | 19.8 | 24.9 | 21.9 | 18.3 | 84.9 |
| Restructuring expenses | — | 2.2 | 1.7 | — | 3.9 | 0.2 | 1.1 | 3.5 | — | 4.8 |
| Operating income | $46.3 | $31.4 | $27.6 | $(30.5) | $74.8 | $34.7 | $32.2 | $26.5 | $(17.7) | $75.7 |
Item 1. Financial Statements.
FAQ
- What is Modine Manufacturing's performance technologies — restructuring charges?
- Modine Manufacturing (MOD) reported performance technologies — restructuring charges of $1.7M in Q2 2026.
- How has Modine Manufacturing's performance technologies — restructuring charges changed year-over-year?
- Modine Manufacturing's performance technologies — restructuring charges decreased by 51.4% year-over-year, from $3.5M to $1.7M.
- What is the long-term trend for Modine Manufacturing's performance technologies — restructuring charges?
- Over 3 years (2023 to 2026), Modine Manufacturing's performance technologies — restructuring charges has grown at a 62.0% compound annual growth rate (CAGR), from $2.8M to $11.9M.
- What does performance technologies — restructuring charges mean?
- These are one-time costs associated with reorganizing the Performance Technologies segment, such as facility consolidations, workforce reductions, or process improvements. These charges are typically excluded from core operating performance metrics to highlight underlying business trends.
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