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Earnings Summary: Highlights of Cintas’ (CTAS) Q1 2026 financial results

by TheAdviserMagazine
7 months ago
in Markets
Reading Time: 1 min read
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Earnings Summary: Highlights of Cintas’ (CTAS) Q1 2026 financial results
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Cintas Corporation (NASDAQ: CTAS), a leading uniform rental company, has announced financial results for the first quarter of fiscal 2026.

First-quarter revenue increased 8.7% to $2.72 billion from $2.50 billion in last year’s first quarterOrganic revenue growth for Q1, adjusted for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.8%Net income increased 8.7% to $491.1 million in the August quarter from $452.0 million in the prior-year quarterOn a per-share basis, Q1 earnings rose 9.1% to $1.20 from $1.10 in the comparable quarter of fiscal 2025The management raised its FY26 revenue guidance to the range of $11.06-11.18 billion from the previous forecast in the range of $11.00 billion to $11.15 billionFull-year earnings per share guidance has been updated to the range of $4.74-4.86 from the previous outlook of $4.71- 4.85In fiscal 2026, the effective tax rate is expected to be 20.0%, which is unchanged from fiscal 2025



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