Acuity (AYI) Company Presentation summary

Business overview and strategy

• Focuses on technology-driven solutions in lighting and intelligent spaces, emphasizing innovation and disruption.

• Operates through two main segments: Lighting and Intelligent Spaces.

• Value creation centers on growing net sales, turning profits into cash, and maintaining a lean balance sheet.

Segment performance (Fiscal 2026 Q1 YTD)

• Lighting segment net sales reached $3.6B with adjusted operating profit of $662M and margin of 18.5%.

• Intelligent Spaces segment net sales were $948M, adjusted operating profit $206M, and margin 21.7%.

• Both segments have shown consistent improvement in adjusted operating profit margins over recent years.

Financial performance and non-GAAP measures

• Uses non-GAAP metrics such as adjusted operating profit, adjusted net income, adjusted diluted EPS, and free cash flow for enhanced comparability.

• Adjusted operating profit margin for the total company reached 17.8% LTM Q1'26.

• Adjusted diluted EPS was $18.73 LTM Q1'26, reflecting strong earnings growth.

• Free cash flow reached $610M LTM Q1'26, supporting capital allocation priorities.