Sector: Industrials|Industry: Specialty Industrial Machinery|Market Cap: $11.92B|Employees: 7.9K
Nordson Corporation is a precision technology company that engineers, manufactures, and markets differentiated products and systems for dispensing, applying, and controlling adhesives, coatings, polymers, sealants, and other fluids. The company serves a wide variety of consumer non-durable, consumer durable, and technology end markets, with a global presence across more than 35 countries and approximately 66% of revenues generated outside the United States. Nordson leverages a scalable growth framework to deliver top tier growth with leading margins and returns.
Q3 2025 sales increased 12.1% to $741.5 million from $661.6 million in Q3 2024, primarily due to 7.8% inorganic growth from acquisitions and 2.1% organic growth. However, net income for the nine months ended July 31, 2025, decreased 3.6% to $332.8 million from $345.1 million in the prior year, largely due to higher interest expense and divestiture charges.
Gross margin percentage decreased by 1.0% for both the three and nine months ended July 31, 2025 (54.8% and 54.7% respectively) compared to the prior year periods (55.8% and 55.7%). While operating profit for Q3 2025 increased by 12.4% to $187.8 million, the nine-month operating profit only saw a marginal 0.5% increase to $497.5 million.
Interest expense for the three months ended July 31, 2025, surged by 39.6% to $26.3 million, and for the nine months, it increased by 31.5% to $79.4 million, compared to the same periods in 2024. This rise is attributed to higher average debt levels, primarily driven by recent acquisitions, contributing to the year-to-date net income decline.