ROCKWELL AUTOMATION (ROK) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for ROCKWELL AUTOMATION.

Analyst Coverage

Research analysts who have asked questions during ROCKWELL AUTOMATION earnings calls.

Andrew Kaplowitz

Citigroup

9 questions for ROK

Also covers: ACM, AOS, APG +29 more

Christopher Snyder

Morgan Stanley

9 questions for ROK

Also covers: ALH, ALLE, AME +21 more

Julian Mitchell

Barclays Investment Bank

9 questions for ROK

Also covers: AIRJ, ALLE, AME +27 more

Scott Davis

Melius Research

9 questions for ROK

Also covers: CARR, DD, DHR +16 more

Nigel Coe

Wolfe Research, LLC

8 questions for ROK

Also covers: AME, CARR, CNM +29 more

Andrew Obin

Bank of America

6 questions for ROK

Also covers: ALH, ALLE, AME +19 more

Steve Tusa

JPMorgan Chase & Co.

4 questions for ROK

Also covers: AIN, ALTR, CARR +16 more

Jeffrey Sprague

Vertical Research Partners

3 questions for ROK

Also covers: ALLE, AME, AYI +23 more

Joseph O'Dea

Wells Fargo & Company

3 questions for ROK

Also covers: ALLE, ATMU, AYI +15 more

Andrew Buscaglia

BNP Paribas

2 questions for ROK

Also covers: AME, APH, CGNX +12 more

Stephen Tusa

J.P. Morgan

2 questions for ROK

Also covers: ALTR, DOV, ETN +3 more

Tommy Moll

Stephens Inc.

2 questions for ROK

Also covers: CARR, CGNX, DGII +12 more

Andre Stillman Adams

Oppenheimer & Co. Inc.

1 question for ROK

Also covers: ARRY, CSIQ, ORA

Cigusa Katuka

JPMorgan Chase & Co.

1 question for ROK

Noah Kaye

Oppenheimer & Co. Inc.

1 question for ROK

Also covers: AAON, AMRC, BWA +16 more

Robert Mason

Robert W. Baird & Co.

1 question for ROK

Also covers: AEIS, AME, ATMU +12 more

Latest news

Recent press releases and 8-K filings for ROK.

Rockwell Automation outlines growth algorithm and 2026 guidance

ROK

Guidance Update

Revenue Acceleration/Inflection

CEO Blake Moret highlighted Rockwell’s enhanced resilience, with process now the largest served vertical and annual recurring revenue from software and high-value services at >10% of total revenue, contributing >10% segment profitability.
The growth algorithm introduced in November 2023 targets 5%–8% organic growth, driven by secular automation demand, increasing ARR, market-share gains, and modest M&A.
Full-year 2026 guidance remains at 4% organic growth at midpoint, with mid-single-digit top-line growth and double-digit earnings growth, and management sees upside toward the 5%–8% medium-term goal.
North America new-capacity orders grew in double digits in Q1 and are expected to remain strong and broad-based across verticals, though some larger projects remain deferred.
Annual recurring revenue (software and services) accounts for >10% of sales, pure software <10%, and large parts of the software business achieve >100% net dollar retention, underpinned by tight hardware integration and domain expertise.

Feb 18, 2026, 1:40 PM

Transcript

Rockwell Automation outlines 2026 growth strategy at Barclays Industrial Select Conference

ROK

Guidance Update

Rockwell highlighted its resilient business model with process as its largest served vertical, annual recurring revenue (software & high-value services) >10% of revenue, and focused operational excellence driving expanding margins.
The company reiterated FY2026 organic growth guidance of 2–6% (4% midpoint) with a “good chance” to reach mid-single-digit growth and a 5–8% medium-term target introduced in November 2023.
Segment margin corridors have been met for Lifecycle Services and Software & Control; Intelligent Devices is on a defined path to its corridor, supported by R&D investment at ~8% of revenue (higher in Software & Control).
Data center automation is a fast-growing served market, currently low-single-digit of revenue, with potential to reach ≈5% in the near future.
Post-supply-chain crisis, Rockwell maintains strong chip availability, increased memory inventory, and uses tariff-driven pricing adjustments that are EPS neutral.

Feb 18, 2026, 1:40 PM

Transcript

Rockwell Automation outlines FY26 growth targets and digital priorities

ROK

Guidance Update

Rockwell reiterates its FY26 guide at 4% organic growth midpoint, with confidence in reaching 5–8% medium-term targets, driven by early strength in e-commerce, warehouse automation, chemical and core sectors and North America leading orders growth.
Annual recurring revenue now exceeds 10% of total revenue, while pure software remains under 10%; the company expects resilient software demand supported by integrated runtimes, deterministic AI applications and net dollar retention above 100%.
The Software & Control segment saw 20%+ y/y growth in Logix controllers globally (25%+ in North America); destocking is behind them, with Q2 sequential gains and full-year segment growth aligned to company targets, underpinned by a new Logix platform and ~8% R&D spend.
The data center vertical is a fast-growing market and could represent ≈5% of revenue, as customers convert building-management systems to Logix for higher availability and safety, particularly in the U.S..
Pricing initiatives—including annual and tariff-related adjustments designed to remain EPS-neutral—and increased memory-chip inventory support service levels and margin realization.

Feb 18, 2026, 1:40 PM

Transcript

Rockwell Automation outlines 2026 outlook and strategic investments

ROK

Guidance Update

New Projects/Investments

Rockwell reconfirmed its full-year 2026 outlook of mid-single-digit organic growth and double-digit earnings growth, driven by its 5–8% organic growth algorithm (1–2% share gains, 1% ARR, 1% M&A).
Lifecycle Services achieved a 1.16× book-to-bill ratio in Q1, reflecting stronger new-capacity orders and robust demand in North America.
Annual Recurring Revenue grew 7% YoY in Q1, led by software (notably Plex) which posted record bookings, supported by enhanced go-to-market initiatives.
Management plans to invest $2 billion over the coming years in plants, talent, and digital infrastructure to expand market share and margins.
Continued emphasis on software-defined automation, integrated robotics, and entry into high-growth verticals (data centers, e-commerce/warehouse automation) underpins Rockwell’s growth strategy.

Feb 17, 2026, 1:00 PM

Transcript

Rockwell Automation outlines 2026 growth algorithm and investment strategy

ROK

Guidance Update

New Projects/Investments

Rockwell has bolstered its resilience with 40% process exposure, >10% annual recurring revenue, and a renewed focus on operational excellence across its supply chain.
The company’s growth algorithm targets 5%–8% organic growth (3%–5% market, 1%–2% share gains, ~1% ARR, ~1% acquisitions), with guidance of mid-single-digit revenue growth and double-digit earnings growth for 2026.
Annual recurring revenue rose 7% in Q1, driven by strong software performance and record Plex bookings, and is expected to achieve high single-digit ARR growth in 2026.
Automation demand is supported by AI-enabled software-defined automation and integrated robotics, with Rockwell leveraging deep domain expertise to protect its mission-critical control software.
A $2 billion investment over the coming years in plants, talent, and digital infrastructure aims to drive market-share gains and margin expansion, exemplified by a 30% labor-efficiency improvement at its Singapore software plant.

Feb 17, 2026, 1:00 PM

Transcript

Rockwell Automation outlines 2026 growth strategy at Citi conference

ROK

Guidance Update

New Projects/Investments

Rockwell reiterated its full-year outlook of mid-single-digit revenue growth and double-digit earnings growth, with 2–6% organic growth guidance for 2026 versus a long-term 5–8% target.
CEO Blake Moret emphasized the company’s “growth algorithm”—3–5% market growth, 1–2% share gains, 1% annual recurring revenue (ARR) growth, and 1% from acquisitions—and announced a $2 billion investment in plants, talent, and digital infrastructure to drive share and margin expansion.
ARR grew 7% year-over-year in Q1, led by strong software performance: Plex set a record for new bookings, and Fiix and cybersecurity services also contributed to SaaS-based recurring revenue growth.
Rockwell is advancing software-defined automation, integrated robotics, and AI-driven digital twins via Emulate3D and technology partnerships (e.g., NVIDIA) to simplify the design, commissioning, and operation of multi-vendor automation systems.

Feb 17, 2026, 1:00 PM

Transcript

Rockwell Automation reports Q1 2026 results

ROK

Earnings

Guidance Update

Q1 reported sales grew 12% YoY, driven by price and currency, with organic sales up in double digits; segment margin was 20.7% and adjusted EPS was $2.75, all above expectations.
Intelligent Devices achieved 16% organic sales growth, Software & Control grew 17%, and annual recurring revenue increased 7%, while Lifecycle Services declined 6% (Book-to-Bill 1.16).
Productivity initiatives, price realization, and favorable mix drove 360 bps of segment margin expansion, with tariffs neutral on earnings.
FY 2026 outlook maintained: 2–6% organic sales growth; adjusted EPS midpoint raised to $11.80; segment margin to expand by 100 bps; free cash flow conversion targeted at ~100%.

Feb 5, 2026, 1:30 PM

Transcript

Rockwell Automation reports Q1 FY26 results

ROK

Earnings

Guidance Update

Rockwell Automation delivered $2,105 M in Q1 sales, up 12% YOY driven by 10% organic growth and a 2% currency tailwind.
Adjusted EPS rose to $2.75, a 49% increase from $1.85 in Q1 FY25.
Segment operating margin expanded to 20.7%, up 360 bps year-over-year.
FY26 guidance reaffirmed with 3%–7% reported sales growth, 2%–6% organic growth, and updated adjusted EPS range of $11.40–$12.20.

Feb 5, 2026, 1:30 PM

Presentation

Rockwell Automation reports Q1 2026 results

ROK

Earnings

Guidance Update

Revenue Acceleration/Inflection

Q1 reported sales rose 12% year-over-year, with double-digit organic growth, driving a 20.7% segment margin and $2.75 adjusted EPS, all above expectations.
By segment, Intelligent Devices organic sales increased 16%, Software & Control grew 17%, while Lifecycle Services declined 6% with a 1.16 book-to-bill ratio.
Annual recurring revenue grew 7%, Plex achieved its strongest quarter, and major wins included R.H. Sheppard on cloud-native Plex and Hindalco Industries for OT cybersecurity across six plants.
Fiscal 2026 guidance maintained: organic sales growth of 2–6%, adjusted EPS midpoint raised to $11.80, segment margin expansion over 100 bps, and free cash flow conversion near 100%.

Feb 5, 2026, 1:30 PM

Transcript

Rockwell reports Q1 2026 results

ROK

Earnings

Guidance Update

Rockwell reported Q1 2026 sales up 12% year-over-year, driven by 3% price realization and a 2% currency tailwind, with double-digit organic growth in key segments.
Total company segment margin expanded 360 bps to 20.7%, and adjusted EPS was $2.75.
Segment performance: Intelligent Devices organic sales up 16%, Software & Control up 17%, while Lifecycle Services declined 6% with a book-to-bill of 1.16.
Announced U.S. manufacturing investments, including a new “factory of the future” in New Berlin, WI, and the purchase of its Mequon, WI, facility.
Maintained FY 2026 guidance: 2–6% organic sales growth, raised adjusted EPS midpoint to $11.80, and expects >100 bps margin expansion with ~100% free cash flow conversion.