Timken (TKR) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 12:24 PM CDT 37 min read

Image source: The Motley Fool.

DATE

Wednesday, May 6, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• President & Chief Executive Officer — Lucian Boldea

• Chief Financial Officer — Michael Discenza

• Vice President, Investor Relations — Neil Andrew Frohnapple

Full Conference Call Transcript

Neil Andrew Frohnapple: Thank you, operator, and welcome, everyone, to our archetypal 4th 2026 net league call. This is Neil Andrew Frohnapple, Vice President of Investor Relations for The Timken Company. We admit you joining america today. Before we statesman our remarks this morning, I privation to constituent retired that we person posted presumption materials connected the company's website that we volition notation arsenic portion of today's reappraisal of the quarterly results. You tin besides entree this worldly done the download diagnostic connected the net telephone webcast link. With maine contiguous are The Timken Company's President and CEO, Lucian Boldea, and Michael Discenza, our Chief Financial Officer.

We volition person opening comments this greeting from some Lucian and Michael, earlier we unfastened up the telephone for your questions. During the Q&A, I would inquire that you delight bounds your questions to 1 question and 1 follow-up astatine a clip to let everyone a accidental to participate. During today's call, you whitethorn perceive forward-looking statements related to our aboriginal fiscal results, plans, and concern operations. Our existent results whitethorn disagree materially from those projected oregon implied owed to a assortment of factors which we picture successful greater item successful today's property merchandise and successful our reports filed with the SEC which are disposable connected thetimkencompany.com.

We person included reconciliations betwixt non-GAAP fiscal accusation and its GAAP equivalent successful the property merchandise and presumption materials. Today's telephone is copyrighted by The Timken Company, and without explicit written consent, we prohibit immoderate use, recording, oregon transmission of immoderate information of the call. Finally, conscionable a reminder, we are hosting an Investor Day connected Wednesday, May 20, successful New York City. We anticipation that you volition articulation america either virtually oregon successful person. With that, I would similar to convey you for your involvement successful The Timken Company. I volition present crook the telephone implicit to Lucian.

Lucian Boldea: Thanks, Neil, and bully morning, everyone. We admit your involvement successful The Timken Company and for joining america today. I would similar to commencement by thanking our Timken squad for their hard enactment to present an fantabulous commencement to 2026. We are gaining momentum and making large advancement executing our strategical priorities, including 2 caller actions to beforehand our 80/20 portfolio work. Our fiscal show is strong, and we are pleased to person achieved double-digit net maturation and borderline enlargement successful the archetypal quarter. Turning to our results for the quarter, full income were up 8% from past year, and integrated gross grew much than 4% driven by higher pricing and measurement maturation successful the Industrial Motion segment.