Acuity Brands Reports Q4 and Fiscal Year 2026 Earnings
Acuity Brands (AYI) released its fourth-quarter and fiscal year 2026 earnings results, showing strong performance driven by growth in the intelligent spaces segment. The company reported net sales of $4.6 billion for FY2026, a 6.8% increase from the prior year, with adjusted diluted EPS rising to $5.77—a 11% improvement—due to higher profitability and share repurchases. The Acuity Intelligent Spaces segment saw significant growth, contributing $297.6 million in Q4 sales—an impressive 16.6% increase—and achieving an adjusted operating profit margin of 24.9%. In contrast, the lighting division experienced a slight decline due to challenging comparisons from prior-year backlog fulfillment. Looking ahead, Acuity provided guidance for FY2027 with revenue expected between $4.7 billion and $4.9 billion and adjusted EPS projected at $20.50–$22.00. The company also highlighted strong cash flow generation, including a 37% increase in operating cash flow to $825.6 million.
