Standex International Reports Strong Q2 Earnings

Organic growth, record orders, and margin expansion highlight the quarter

Jan. 30, 2026 at 6:47pm

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Standex International (NYSE:SXI) reported fiscal second-quarter 2026 results that management said reflect 'years-long efforts to build a growth engine,' driven by increased new product development and a greater focus on fast growth end markets. The company saw 6.4% organic revenue growth, a consolidated book-to-bill ratio of 1.04, and modest margin expansion.

Why it matters

Standex's performance highlights its successful pivot towards faster-growing markets and new product development, which have helped drive organic growth and profitability improvements. This comes as the company faces some pressure in its Specialty Solutions segment due to challenging North American end markets.

The details

Standex reported second-quarter sales of $221.3 million, up 16.6% year-over-year, including 6.4% organic growth, a 9.4% contribution from acquisitions, and a 0.8% benefit from foreign currency. Orders of approximately $231 million were the highest quarterly intake in the company's history. New product sales increased about 13% to $16.3 million, while sales into 'fast growth markets' totaled about $61 million, representing 28% of total sales. Adjusted gross margin improved 120 basis points to 42.1%, and adjusted operating margin rose 30 basis points to 19.0%. The company generated $13.0 million in free cash flow, up from $2.2 million a year ago.

  • Standex reported fiscal second-quarter 2026 results on January 31, 2026.

The players

Standex International

A diversified global manufacturer specializing in food service equipment, engineered components, and industrial products.

David Dunbar

Chairman, President and CEO of Standex International.

Ademir Sarcevic

CFO of Standex International.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Standex's strong second-quarter performance, driven by organic growth, new product development, and a focus on fast-growing markets, demonstrates the company's successful transformation efforts. However, the company continues to face some headwinds in its Specialty Solutions segment, underscoring the need to further diversify its business.