Acuity Inc (AYI) financial statements: income statement, balance sheet and cash flow
Acuity Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Aug 31, 2026 · FY), Acuity Inc reported revenue of $4.6B (+6.8% year on year) and net income of $531.3M (+34.0% year on year).
Income statement
Acuity Inc income statement, fiscal years
Line item
Aug 31, 2026 · FY
Aug 31, 2025 · FY
Aug 31, 2024 · FY
Aug 31, 2023 · FY
Net sales
$4.6B
$4.3B
$3.8B
$4.0B
Cost of products sold
$2.3B
$2.3B
$2.1B
$2.2B
Gross profit
$2.4B
$2.1B
$1.8B
$1.7B
Selling, distribution, and administrative expenses
$1.6B
$1.5B
$1.2B
$1.2B
Special charges
$23.7M
$29.7M
$0
$26.9M
Operating profit
$713.7M
$563.9M
$553.3M
$473.4M
Interest expense (income), net
$25.6M
$22.0M
($4.5M)
—
Miscellaneous expense, net
$7.4M
$41.7M
$9.2M
$7.8M
Total other expense
$33.0M
$63.7M
$4.7M
$26.7M
Income before income taxes
$680.7M
$500.2M
$548.6M
$446.7M
Income tax expense
$149.4M
$103.6M
$126.0M
$100.7M
Basic earnings per share (in dollars per share)
$17.49
$12.85
$13.68
$10.88
Basic weighted average number of shares outstanding (in shares)
30.4M
30.9M
30.9M
31.8M
Diluted earnings per share (in dollars per share)
$17.05
$12.53
$13.44
$10.76
Diluted weighted average number of shares outstanding (in shares)
31.2M
31.6M
31.4M
32.2M
Dividends declared per share (in dollars per share)
$0.77
$0.66
$0.58
$0.52
Net income
$531.3M
$396.6M
$422.6M
$346.0M
Foreign currency translation adjustments
$2.4M
$10.8M
($5.9M)
$8.5M
Defined benefit plans, net of tax
$1.3M
$27.6M
$3.6M
$4.7M
Other comprehensive income (loss) items, net of tax
$3.7M
$38.4M
($2.3M)
$13.2M
Comprehensive income
$535.0M
$435.0M
$420.3M
$359.2M
Acuity Inc income statement, quarters
Line item
May 31, 2026 · Q3
Feb 28, 2026 · Q2
Nov 30, 2025 · Q1
May 31, 2025 · Q3
Net sales
$1.2B
$1.1B
$1.1B
$1.2B
Cost of products sold
$591.6M
$535.3M
$589.9M
$608.4M
Gross profit
$606.4M
$520.4M
$553.8M
$570.2M
Selling, distribution, and administrative expenses
$413.1M
$381.5M
$393.4M
$400.7M
Special charges
$0
$5.9M
—
$29.7M
Operating profit
$193.3M
$133.0M
$160.4M
$139.8M
Interest expense, net
$6.1M
$7.0M
$8.4M
$12.1M
Miscellaneous expense, net
$2.0M
$3.1M
($600.0K)
$2.3M
Total other expense
$8.1M
$10.1M
$7.8M
$14.4M
Income before income taxes
$185.2M
$122.9M
$152.6M
$125.4M
Income tax expense
$44.2M
$26.1M
$32.1M
$27.0M
Basic earnings per share (in dollars per share)
$4.66
$3.16
$3.92
$3.19
Basic weighted average number of shares outstanding (in shares)
30.3M
30.6M
30.7M
30.9M
Diluted earnings per share (in dollars per share)
$4.56
$3.09
$3.82
$3.12
Diluted weighted average number of shares outstanding (in shares)
31.0M
31.4M
31.6M
31.6M
Dividends declared per share (in dollars per share)
$0.20
$0.20
$0.17
$0.17
Net income
$141.0M
$96.8M
$120.5M
$98.4M
Foreign currency translation adjustments
($11.2M)
$20.4M
($5.1M)
$27.8M
Defined benefit plans, net of tax
$300.0K
$300.0K
$200.0K
$500.0K
Other comprehensive (loss) income items, net of tax
($10.9M)
$20.7M
($4.9M)
$28.3M
Comprehensive income
$130.1M
$117.5M
$115.6M
$126.7M
Balance sheet
Acuity Inc balance sheet, fiscal years
Line item
Aug 31, 2026 · FY
Aug 31, 2025 · FY
Aug 31, 2024 · FY
Aug 31, 2023 · FY
Cash and cash equivalents
$636.3M
$422.5M
$845.8M
$397.9M
Accounts receivable, less reserve for doubtful accounts of $4.3 and $4.3, respectively
$632.1M
$593.9M
$563.0M
$555.3M
Inventories
$450.4M
$526.7M
$387.6M
$368.5M
Prepayments and other current assets
$140.4M
$108.4M
$75.1M
$73.5M
Total current assets
$1.9B
$1.7B
$1.9B
$1.4B
Property, plant, and equipment, net
$356.8M
$343.2M
$303.9M
$297.6M
Operating lease right-of-use assets
$99.5M
$97.4M
$65.6M
$84.1M
Goodwill
$1.5B
$1.5B
$1.1B
$1.1B
Intangible assets, net
$1.0B
$1.1B
$440.5M
$481.2M
Deferred income taxes
$12.9M
$23.4M
$2.3M
$3.0M
Other long-term assets
$50.1M
$45.2M
$32.1M
$49.5M
Total assets
$4.9B
$4.8B
$3.8B
$3.4B
Accounts payable
$443.8M
$454.5M
$352.3M
$285.7M
Current maturities of debt
$200.0M
—
—
$0
Current operating lease liabilities
$28.3M
$23.3M
$19.2M
$19.7M
Accrued compensation
$148.4M
$110.0M
$110.1M
$103.3M
Other current liabilities
$276.4M
$258.0M
$206.3M
$186.7M
Total current liabilities
$1.1B
$845.8M
$687.9M
$595.4M
Long-term debt
$497.4M
$896.8M
$496.2M
$495.6M
Long-term operating lease liabilities
$83.2M
$84.3M
$58.1M
$75.5M
Accrued pension liabilities
$40.3M
$39.2M
$37.5M
$38.4M
Deferred income taxes
$47.4M
$24.9M
$26.0M
$59.0M
Other long-term liabilities
$134.0M
$139.3M
$130.1M
$129.2M
Total liabilities
$1.9B
$2.0B
$1.4B
$1.4B
Preferred stock, $0.01 par value per share; 50.0 shares authorized; none issued
$0.00
$0.00
$0.00
$0.00
Common stock, $0.01 par value per share; 500.0 shares authorized; 55.0 and 54.9 issued, respectively
$600000.00
$500000.00
$500000.00
$500000.00
Paid-in capital
$1.2B
$1.2B
$1.1B
$1.1B
Retained earnings
$4.8B
$4.3B
$3.9B
$3.5B
Accumulated other comprehensive loss
($72.8M)
($76.5M)
($114.9M)
($112.6M)
Treasury stock, at cost — 25.1 and 24.2 shares, respectively
-2.9B
-2.6B
-2.5B
-2.4B
Total stockholders’ equity
$3.0B
$2.7B
$2.4B
$2.0B
Total liabilities and stockholders’ equity
$4.9B
$4.8B
$3.8B
$3.4B
Acuity Inc balance sheet, quarters
Line item
May 31, 2026
Feb 28, 2026
Nov 30, 2025
May 31, 2025
Cash and cash equivalents
$411.9M
$272.5M
$376.1M
$371.8M
Accounts receivable, less reserve for doubtful accounts of $7.0 and $4.3, respectively
$610.9M
$579.0M
$565.3M
$608.6M
Inventories
$458.3M
$515.2M
$518.1M
$486.0M
Prepayments and other current assets
$137.4M
$138.5M
$122.0M
$122.6M
Total current assets
$1.6B
$1.5B
$1.6B
$1.6B
Property, plant, and equipment, net
$345.9M
$350.3M
$345.0M
$323.8M
Operating lease right-of-use assets
$96.8M
$101.9M
$103.6M
$77.8M
Goodwill
$1.5B
$1.5B
$1.5B
$1.5B
Intangible assets, net
$1.0B
$1.1B
$1.1B
$1.1B
Deferred income taxes
$4.8M
$3.2M
$12.3M
$21.1M
Other long-term assets
$45.9M
$44.1M
$42.3M
$33.7M
Total assets
$4.6B
$4.6B
$4.7B
$4.6B
Accounts payable
$363.9M
$354.6M
$396.2M
$409.0M
Current operating lease liabilities
$27.0M
$26.3M
$25.4M
$23.3M
Accrued compensation
$126.4M
$106.2M
$86.2M
$110.2M
Other current liabilities
$271.0M
$241.0M
$254.6M
$257.0M
Total current liabilities
$788.3M
$728.1M
$762.4M
$799.5M
Long-term debt
$697.3M
$697.1M
$797.0M
$996.7M
Long-term operating lease liabilities
$80.0M
$84.8M
$87.7M
$65.6M
Accrued pension liabilities
$40.1M
$39.9M
$39.6M
$37.8M
Deferred income taxes
$40.2M
$27.2M
$24.6M
$14.3M
Other long-term liabilities
$138.0M
$140.6M
$146.8M
$148.4M
Total liabilities
$1.8B
$1.7B
$1.9B
$2.1B
Preferred stock, $0.01 par value per share; 50.0 shares authorized; none issued
$0.00
$0.00
$0.00
$0.00
Common stock, $0.01 par value per share; 500.0 shares authorized; 55.0 and 54.9 shares issued, respectively
$600000.00
$600000.00
$600000.00
$500000.00
Paid-in capital
$1.2B
$1.2B
$1.2B
$1.1B
Retained earnings
$4.6B
$4.5B
$4.4B
$4.2B
Accumulated other comprehensive loss
($71.6M)
($60.7M)
($81.4M)
($114.6M)
Treasury stock, at cost, of 24.9 and 24.2 shares, respectively
-2.9B
-2.8B
-2.7B
-2.6B
Total stockholders’ equity
$2.9B
$2.8B
$2.8B
$2.6B
Total liabilities and stockholders’ equity
$4.6B
$4.6B
$4.7B
$4.6B
Cash flow statement
Acuity Inc cash flow statement, fiscal years
Line item
Aug 31, 2026 · FY
Aug 31, 2025 · FY
Aug 31, 2024 · FY
Aug 31, 2023 · FY
Net income
$531.3M
$396.6M
$422.6M
$346.0M
Depreciation and amortization
$156.4M
$133.1M
$91.1M
$93.2M
Pension settlement loss
$0
$30.9M
—
—
Share-based payment expense
$49.5M
$45.1M
$46.6M
$42.0M
Asset impairments
$6.0M
$16.7M
$3.0M
$20.8M
Deferred income taxes
$33.4M
($45.0M)
($33.6M)
($47.8M)
Accounts receivable
($37.8M)
$26.3M
($8.7M)
$114.6M
Inventories
$74.7M
($34.2M)
($16.3M)
$115.2M
Accounts payable
($8.2M)
$64.4M
$66.2M
($110.5M)
Other operating activities
$20.3M
($18.2M)
$51.3M
($28.0M)
Net cash provided by operating activities
$825.6M
$601.4M
$619.2M
$578.1M
Purchases of property, plant, and equipment
($77.7M)
($68.4M)
($64.0M)
($66.7M)
Acquisitions of businesses, net of cash acquired
$0
($1.2B)
$0
($35.5M)
Other investing activities
($1.5M)
($22.9M)
($1.1M)
$11.5M
Net cash used for investing activities
($79.2M)
($1.3B)
($65.1M)
($90.7M)
Borrowings on credit agreement
$200.0M
$0
$0
($18.0M)
Borrowings from term loan
$0
$600.0M
—
$0
Repayments of term loan borrowings
($400.0M)
($200.0M)
—
$0
Repurchases of common stock
($287.2M)
($118.5M)
($88.7M)
($266.6M)
Proceeds from stock option exercises and other
7.5M
28.4M
13.5M
2.7M
Payments of taxes withheld on net settlement of equity awards
($29.4M)
($24.6M)
($11.1M)
($14.2M)
Dividends paid
($23.8M)
($20.6M)
($18.2M)
($16.8M)
Other financing activities
($3.6M)
($9.3M)
$0
$0
Net cash (used for) provided by financing activities
($536.5M)
$255.4M
($104.5M)
($312.9M)
Effect of exchange rate changes on cash and cash equivalents
$3.9M
$600.0K
($1.7M)
$200.0K
Net change in cash and cash equivalents
$213.8M
($423.3M)
$447.9M
$174.7M
Cash and cash equivalents at beginning of year
$422.5M
$845.8M
$397.9M
$223.2M
Cash and cash equivalents at end of year
$636.3M
$422.5M
$845.8M
$397.9M
Income taxes paid
$107.6M
$151.8M
$155.7M
$147.2M
Interest paid
$35.1M
$40.5M
$24.4M
$27.9M
Acuity Inc cash flow statement, quarters
Line item
May 31, 2026 · YTD
Feb 28, 2026 · YTD
Nov 30, 2025 · Q1
May 31, 2025 · YTD
Net income
$358.3M
$217.3M
$120.5M
$282.6M
Depreciation and amortization
$117.8M
$77.1M
$38.3M
$86.7M
Share-based payment expense
$39.2M
$25.6M
$12.5M
$34.0M
Asset impairments
$0
—
—
$16.7M
Accounts receivable
($16.6M)
$15.9M
$28.0M
$10.4M
Inventories
$66.9M
$11.3M
$7.1M
$5.1M
Accounts payable
($82.5M)
($94.2M)
($51.4M)
$38.1M
Other operating activities
$37.1M
$700.0K
($4.0M)
($42.8M)
Net cash provided by operating activities
$520.2M
$229.9M
$140.8M
$398.9M
Purchases of property, plant, and equipment
($58.5M)
($41.8M)
($26.0M)
($43.6M)
Acquisition of business, net of cash acquired
$0
$0
—
($1.2B)
Other investing activities
$300.0K
($800.0K)
($300.0K)
($16.3M)
Net cash used for investing activities
($58.2M)
($42.6M)
($26.3M)
($1.2B)
Borrowings on credit agreement
$200.0M
—
—
—
Borrowings from term loan
$0
$0
—
$600.0M
Repayments of term loan borrowings
($400.0M)
($200.0M)
($100.0M)
$100.0M
Repurchases of common stock
($229.9M)
($103.0M)
($27.1M)
($91.3M)
Proceeds from stock option exercises and other
2.9M
2.3M
1.4M
17.5M
Payments of taxes withheld on net settlement of equity awards
($28.4M)
($28.1M)
($27.6M)
($24.0M)
Dividends paid
($17.7M)
($11.6M)
($5.3M)
($15.3M)
Other financing activities
($3.6M)
($1.6M)
($2.1M)
($9.3M)
Net cash (used for) provided by financing activities
($476.7M)
($342.0M)
($160.7M)
$377.6M
Effect of exchange rate changes on cash and cash equivalents