The massive beat and raised FY2027 guidance, anchored by a $4B hyperscale customer agreement and 60-80% Data Center growth outlook, signals accelerating demand and execution. The pending PT spin-off adds a catalyst for value realization. Traders should watch for further capacity announcements and the spin-off timeline.
Price Chart
Executive Summary
Modine reported a record Q4 FY2026 with net sales of $954.4M (+47% YoY) and adjusted EPS of $1.71 (+53% YoY), significantly beating consensus estimates of $1.42. The company also raised its FY2027 outlook, guiding for net sales growth of 20-35% and adjusted EBITDA of $650-680M (+38-44% YoY), driven by a 60-80% expected increase in Data Center sales and a landmark $4B multi-year capacity agreement with a hyperscale customer.
Key Financial Metrics
Key Facts
- Q4 FY2026 net sales of $954.4M, +47% YoY, record quarterly revenue
- Q4 adjusted EPS of $1.71, +53% YoY, beating consensus of $1.42 by 20.1%
- Climate Solutions segment sales surged 87% YoY to $665.9M; Data Center sales up 158%
- FY2027 guidance: net sales growth 20-35%, adjusted EBITDA $650-680M (+38-44% YoY)
- Landmark $4B multi-year capacity agreement for chiller sales with a major hyperscale customer
- Full-year FY2026 record adjusted EBITDA of $471.0M, +20% YoY
- Pending spin-off of Performance Technologies segment via Reverse Morris Trust with Gentherm
- Net debt of $362.8M, leverage ratio of 0.8x; strong balance sheet
Financial Impact
Q4 revenue $954.4M vs consensus $903.3M; adjusted EPS $1.71 vs consensus $1.42; FY2027 adjusted EBITDA guide $650-680M vs prior year $471.0M
Risk Factors
- Gross margin compression from capacity expansion costs, tariffs, and material costs (Q4 gross margin -320bps YoY to 22.5%)
- Execution risk on rapid Data Center capacity expansion and supply chain constraints
- Pending spin-off of Performance Technologies introduces transaction and separation risks
- Performance Technologies segment revenue flat and margins declining (-390bps gross margin YoY in Q4)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-066291 |
| Document: mod-20260526x8k.htm | 0001104659-26-066291 |
| Document: mod-20260526xex99d2.htm | 0001104659-26-066291 |
| Document: 0001104659-26-066291-index-headers.html | 0001104659-26-066291 |
| Document: 0001104659-26-066291-index.html | 0001104659-26-066291 |
| Document: 0001104659-26-066291.txt | 0001104659-26-066291 |
| 8-K Data (Synthetic) | 0001104659-26-066291 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 4, 2026 8w ago | Institutional Cluster | $194.61 $179.51 | ▼ −7.76% | ▼ −7.16% | $178.20 (−8.43%) |
Jul 31, 2026 9w ago | 425 | $201.06 $177.63 | ▼ −11.65% | ▼ −14.64% | $178.20 (−11.37%) |
Jul 29, 2026 9w ago | 8-K | $193.91 $186.31 | ▼ −3.92% | ▼ −7.88% | $178.20 (−8.10%) |
Jul 29, 2026 9w ago | Press Release | $193.91 $186.31 | ▼ −3.92% | ▼ −7.88% | $178.20 (−8.10%) |
Jul 10, 2026 12w ago | DEFA14A | $245.91 $195.60 | ▼ −20.46% | ▼ −22.88% | $178.20 (−27.53%) |
Jun 2, 2026 17w ago | Insider Cluster | $306.89 $244.49 | ▼ −20.33% | ▼ −18.77% | $178.20 (−41.93%) |
May 28, 2026 18w ago | 425 | $278.91 $256.34 | ▼ −8.09% | ▼ −6.30% | $178.20 (−36.11%) |
May 26, 2026 18w ago | 8-K | $279.93 $283.67 | ▲ +1.34% | ▲ +3.24% | $178.20 (−36.34%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access