Snap-on Incorporated · NYSE:SNA
Snap-on — Q3 2026 Earnings Presentation
13 slides from Snap-on's earnings presentation, Oct 22, 2026
Slide 1: Quarterly Financial Review Third Quarter 2026
Quarterly Financial Review Third Quarter 2026 Q3-2026 Quarterly Review © 2026 Snap-on Incorporated
Slide 2: Our Mission
OUR MISSION The most valued productivity solutions in the world BELIEFS VALUES VISION We deeply believe in: Our behaviors define our success: To be acknowledged as the: Non-negotiable Product and We demonstrate Integrity. Brands of Choice MSI 2) pact ; We tell the Truth. Employer of Choice Uncomprom
Slide 3: Cautionary Statement
Cautionary Statement These slides should be read in conjunction with comments from the October 22, 2026 conference call. The financial statement information included herein is unaudited. Statements made during the October 22, 2026 conference call and/or information included in this presentation
Slide 4: Nick Pinchuk, Chairman and Chief Executive Officer
Nick Pinchuk Chairman and Chief Executive Officer Q3-2026 Quarterly Review 4 © 2026 Snap-on Incorporated
Slide 5: Aldo Pagliari, Senior Vice President and Chief Financial Officer
Aldo Pagliari Senior Vice President and Chief Financial Officer Q3-2026 Quarterly Review 5 © 2026 Snap-on Incorporated
Slide 6: Consolidated Results
Consolidated Results Q3 2026 Q3 2025 ($ in millions, except per share data - unaudited) $ % $ % Change Net sales $ 1,183.7 $ 1,190.8 (0.6)% Organic sales (33.1) (2.8)% Acquisitions 25.6 2.2 % Currency translation 0.4 — Gross profit $ 603.6 51.0 % $ 605.9 50.9 % Operating expenses 355.5 30.0 %
Slide 7: Commercial & Industrial
Commercial & Industrial ($ in millions - unaudited) Q3 2026 Q3 2025 Change Segment sales $ 404.3 $ 367.7 10.0 % Organic sales 27.0 7.4 % Acquisition 10.0 2.7 % Currency translation (0.4) (0.1)% Gross profit $ 167.7 $ 150.5 % of sales 41.5 % 40.9 % Operating expenses $ 93.0 $ 93.0 % of sales 23
Slide 8: Snap-on Tools
Snap-on Tools ($ in millions - unaudited) Q3 2026 Q3 2025 Change Segment sales $ 471.5 $ 506.0 (6.8)% Organic sales (35.7) (7.0)% Currency translation 1.2 0.2 % Gross profit $ 217.1 $ 236.8 % of sales 46.0 % 46.8 % Operating expenses $ 132.3 $ 126.9 % of sales 28.0 % 25.1 % Operating earnings $
Slide 9: Repair Systems & Information
Repair Systems & Information ($ in millions - unaudited) Q3 2026 Q3 2025 Change Segment sales $ 454.7 $ 464.8 (2.2)% Organic sales (25.7) (5.5)% Acquisition 15.6 3.3 % Gross profit $ 218.8 $ 218.6 % of sales 48.1 % 47.0 % Operating expenses $ 102.7 $ 77.4 % of sales 22.6 % 16.6 % Operating earni
Slide 10: Financial Services
Financial Services ($ in millions - unaudited) Q3 2026 Q3 2025 Change Segment revenue $ 98.6 $ 101.1 (2.5)% Operating earnings $ 68.3 $ 68.9 (0.9)% Originations $ 270.6 $ 274.1 (1.3)% Originations decreased $3.5 million or 1.3% Average yield on finance receivables was 17.7% in both 2026 and 2025
Slide 11: Financial Services Portfolio Data
Financial Services Portfolio Data United States International Extended Extended ($ in millions - unaudited) Credit Total Credit Total Gross finance portfolio $ 1,674.4 $ 2,103.1 $ 257.2 $ 360.7 Portfolio net losses (TTM) $ 64.6 $ 67.2 $ 5.5 $ 6.2 60+ Delinquency: As of 09/30/26 2.1 % 1.7 % 1.1 % 1.1
Slide 12: Cash Flows
Cash Flows 3rd Quarter September YTD ($ in millions - unaudited) 2026 2025 2026 2025 Net cash provided by operating activities $ 247.7 $ 277.9 $ 887.9 $ 813.6 Net earnings 249.6 271.8 769.3 775.3 Depreciation and amortization 25.7 24.8 75.6 73.2 Changes in deferred income taxes 7.1 (0.8) 13.9
Slide 13: Balance Sheet
Balance Sheet October 3, January 3, ($ in millions - unaudited) 2026 2026 Trade & Other Accounts Receivable – net $ 922.1 $ 881.4 Days Sales Outstanding 68 67 Finance Receivables – net $ 1,857.9 $ 1,889.0 Contract Receivables – net $ 535.3 $ 553.1 Inventories – net $ 1,079.6 $ 1,025.2 Inventory turn