Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
Columbus McKinnon (Nasdaq: CMCO) reported FY26 results ended March 31, 2026, driven by the Kito Crosby acquisition and a divestiture. FY26 orders rose 20% to $1.2B and net sales rose 24% to $1.2B. Q4 orders were $442.8M (+68%) and net sales $437.8M (+77%). The company posted FY26 net loss of $230M and issued FY27 guidance.
How this was made

The 30-second read
Why it matters
The key trading inputs are FY27 guidance ranges (interest/amortization/depreciation, tax rate) and the expected adjusted diluted share count from Preferred dividend accruals, alongside FY26 record orders and adjusted EBITDA margin.
Market read
Fresh FY27 guidance and FY26 record orders/net sales growth reset near-term expectations, but GAAP impairment and deal-cost drag keep sentiment mixed.
What to watch
Free cash flow was negative including deal payments; FY27 guidance depends on accrued Preferred dividends (share count) and sizable interest/amortization assumptions that can cap EPS recovery.
Background
CMCO completed the Kito Crosby acquisition and divested a related asset, then reported FY26 results ending Mar 31, 2026 and provided FY27 guidance for the combined portfolio.
Ticker impact
Columbus McKinnon reported FY26 results and issued FY27 guidance, including assumptions for interest, amortization, and adjusted share count post Preferred conversion.
Likely choppy reaction: upside from record orders/net sales growth and EBITDA margin stability, offset by large GAAP impairment/deal costs and leverage.
The release contains fresh FY27 guidance ranges plus FY26 datapoints (orders, net sales, adjusted EBITDA) and explicit financial assumptions that can reset short-term valuation and risk.
Market effects
Signals demand resilience in intelligent motion/material handling while highlighting integration costs and impairment risk typical after acquisitions.
No specific regional demand shock beyond FX and acquisition-driven growth; U.S. and international both rose on deal impact.
International sales growth and FX mention suggest global order momentum, but guidance is largely accounting/financing driven.
Counterpoint
Adjusted EBITDA improved, but GAAP results were dominated by a $200m goodwill impairment and deal costs—market may discount “integration progress” until leverage and cash flow improve.
Key entities
- companyColumbus McKinnon
Subject of the earnings release and FY27 guidance; integration of Kito Crosby and divestiture effects dominate reported results.
- transactionKito Crosby Acquisition
Primary driver of FY26 order and net sales growth and a contributor to acquisition-related interest and deal costs.
- transactionDivestiture
Provided a gain that partially offset GAAP losses and affected quarterly sales comparisons.


