Eaton Corporation plc filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 3, 2026, reporting third-quarter net sales of $8,947 million and diluted earnings per share of $2.77.

Key Highlights

  • Net sales of $8,947 million for the three months ended September 30, 2026, according to the filing.
  • Diluted EPS of $2.77 for the third quarter of 2026, with basic EPS also at $2.77, per the condensed consolidated statements of income.
  • Net income attributable to Eaton ordinary shareholders was $1,078 million for the three months ended September 30, 2026.
  • Cash dividends declared of $1.10 per ordinary share for the third quarter of 2026, the filing disclosed.
  • Total assets reached $57,452 million as of September 30, 2026, compared with $41,251 million at December 31, 2025, per the consolidated balance sheet.
  • Cash paid for acquisition of businesses, net of cash acquired, was $11,079 million for the nine months ended September 30, 2026, as reported in the cash flow statement.
  • Long-term debt increased to $17,802 million at September 30, 2026, from $8,758 million at December 31, 2025, according to the balance sheet.

Eaton's Third-Quarter 2026 Financial Results and Balance Sheet Changes

According to the filing, Eaton Corporation plc (NYSE:ETN) reported net sales of $8,947 million for the three months ended September 30, 2026. Cost of products sold for the same period was $5,842 million, and selling and administrative expense was $1,278 million. Income before income taxes was $1,370 million for the quarter, with income tax expense of $291 million, resulting in net income of $1,079 million. The company is incorporated in Ireland and operates as a power management company across its diversified business segments.

For the nine months ended September 30, 2026, the filing reported net sales of $24,929 million and net income attributable to Eaton ordinary shareholders of $2,765 million. Diluted EPS for the nine-month period was $7.10, based on weighted-average diluted shares outstanding of 389.4 million. The filing stated that 388.5 million ordinary shares were outstanding as of September 30, 2026, with 387.9 million outstanding at December 31, 2025.

The consolidated balance sheet shows goodwill of $20,298 million and other intangible assets of $12,264 million at September 30, 2026, up from $15,769 million and $5,054 million, respectively, at December 31, 2025. The filing attributes a significant portion of balance sheet changes to acquisition activity. Net cash provided by operating activities for the nine months ended September 30, 2026 was $2,943 million, while net cash used in investing activities was $12,007 million, reflecting the $11,079 million in cash paid for acquisition of businesses, net of cash acquired, as stated in the condensed consolidated statements of cash flows. Proceeds from borrowings for the nine-month period totaled $9,871 million.

What Was Disclosed

Eaton Corporation plc filed a Form 10-Q for the period ended September 30, 2026, disclosing quarterly and nine-month income, balance sheet, and cash flow data, including third-quarter net sales of $8,947 million, diluted EPS of $2.77, and $11,079 million in acquisition-related cash outflows for the nine-month period.