Johnson Controls earnings for the fourth quarter of fiscal 2026 showed sales rising 10% to $7.1 billion, above an estimate of $6.3 billion. The building technology company reported GAAP earnings of $1.60 per share and adjusted earnings of $1.66 per share.

Key Takeaways

  • Organic sales grew 12% in the quarter, while sales in EMEA fell 2%.
  • Backlog reached $23 billion, up 43% from a year earlier.
  • Operating cash flow was $1.3 billion, with free cash flow of $1.1 billion.

Johnson Controls earnings and sales exceed estimates

Johnson Controls reported the results on October 27, 2026. Fourth-quarter sales increased from $6.5 billion in the same period of fiscal 2025.

Both reported and adjusted earnings per share exceeded the $1.13 quarterly estimate. The estimate’s accounting basis was not specified, so it is not clear which earnings measure is directly comparable.

Net income was $967 million for the quarter, while adjusted net income was $1 billion. Chief Executive Joakim Weidemanis said revenue growth, productivity and simplification improvements contributed to margin expansion across all three segments.

Backlog grows despite lower EMEA sales

The company’s $23 billion backlog was 43% higher than a year earlier, even as sales in Europe, the Middle East and Africa declined 2%. Backlog represents work awaiting completion, rather than revenue already reported.

Johnson Controls sells commercial building technologies including heating and cooling equipment, building controls, fire systems and security products. Its YORK commercial HVAC business has seen significant demand growth, particularly in data center cooling.

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