TKR

EX-99.1

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EX-99.1

Document

Timken Reports First-Quarter 2026 Results

•Sales of $1.23 billion, up 8 percent from last year

•First-quarter diluted EPS of $1.40; adjusted EPS of $1.67

•Net income margin of 8.0 percent; adjusted EBITDA margin of 18.8 percent

•Raises 2026 outlook; now expects 2026 EPS of $4.70-$5.20, with adjusted EPS of $5.75-$6.25

NORTH CANTON, Ohio: May 6, 2026 — The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2026 results.

1Q-261Q-25% Change

Net Sales (mils.)$1,231.3$1,140.38.0%

Net Income Margin8.0%6.9%110 bps

Adjusted EBITDA Margin18.8%18.2%60 bps

Diluted EPS$1.40$1.1126.1%

Adjusted EPS$1.67$1.4019.3%

“We delivered a strong start to 2026, achieving double-digit earnings growth and margin expansion versus last year,” said Lucian Boldea, president and chief executive officer. “We are raising our full-year outlook to reflect this performance as well as improving customer demand across several end-market sectors.

“The Timken team is taking actions designed to accelerate profitable growth and create significant value for shareholders. The recent announcements of the acquisition of Bijur Delimon and the planned sale of the belts business demonstrates our 80/20 approach to the portfolio and commitment to margin expansion. The momentum is building as we execute on our strategic priorities, and we are excited to share more details at our upcoming Investor Day on May 20 in New York City.”

First-Quarter 2026 Highlights

Timken delivered sales in the first quarter of $1.23 billion, up 8 percent from the same period a year ago. The increase was driven primarily by higher pricing, favorable foreign currency translation and higher volumes in the Industrial Motion segment. Organically, sales were up 4.3 percent as compared to the first quarter of 2025.

The company posted net income in the first quarter of $98.2 million or $1.40 per diluted share. This compares to net income of $78.3 million or $1.11 per diluted share for the same period a year ago. The company’s net income margin in the quarter was 8.0 percent, compared to 6.9 percent in the first quarter of last year.

Excluding special items (detailed in the attached tables), adjusted net income in the first quarter was $117.3 million or $1.67 per diluted share. This compares to adjusted net income of $98.6 million or $1.40 per diluted share for the same period in 2025. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the quarter were $231.0 million or 18.8 percent of sales, compared with $208.1 million or 18.2 percent of sales in the first quarter of last year.

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Net cash provided by operations in the quarter was $39.3 million, and free cash flow was $0.5 million. During the quarter, Timken returned $53.3 million of cash to shareholders through the payment of its 415th consecutive quarterly dividend and the repurchase of 282 thousand shares of company stock. Timken also acquired Bijur Delimon, a leading manufacturer of automated lubrication systems, which expands the company’s presence in key market verticals like rail, power generation and mining. The company ended the quarter with a strong balance sheet; net debt to adjusted EBITDA was 2.1 times as of March 31, 2026.

First-Quarter 2026 Segment Results

Engineered Bearings sales of $806.2 million increased 6 percent from the same period a year ago driven primarily by higher pricing and favorable foreign currency translation as volumes were flat compared to last year.

Adjusted EBITDA in the quarter was $159.0 million or 19.7 percent of sales, compared with $159.2 million or 20.9 percent of sales in the first quarter of last year. Adjusted EBITDA in the current quarter benefited from positive price/mix, lower material & logistics costs and the favorable impact of currency, offset by incremental tariff costs and higher operating costs.

Industrial Motion sales of $425.1 million increased 12 percent compared with the same period a year ago driven primarily by higher demand across most sectors, higher pricing and favorable foreign currency translation.

Adjusted EBITDA in the quarter was $91.3 million or 21.5 percent of sales, compared with $67.1 million or 17.7 percent of sales in the first quarter of last year. The increase in adjusted EBITDA was driven primarily by the impact of higher volume and positive price/mix, partially offset by incremental tariff costs.

2026 Outlook

Timken is increasing its 2026 outlook, with full-year earnings per diluted share now forecasted to be in the range of $4.70 to $5.20 and adjusted earnings per diluted share in the range of $5.75 to $6.25. The company is planning for 2026 revenue to be up approximately 5 percent in total at the midpoint from 2025, an increase from its prior outlook of 3 percent growth at the midpoint.

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Conference Call Information

Timken will host a conference call to

tkr-202602040000098362false00000983622026-02-042026-02-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 4, 2026

THE TIMKEN COMPANY

(Exact name of registrant as specified in its charter)

Commission file number: 1-1169

Ohio34-0577130 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

4500 Mount Pleasant Street NW North Canton,Ohio 44720-5450 (Address of principal executive offices) (Zip Code)

234.262.3000 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each classTrading SymbolName of each exchange on which registered Common Shares, without par valueTKRThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02     Results of Operations and Financial Condition. The Timken Company (the “Company”) issued a press release on February 4, 2026 announcing results for the fourth quarter and full year of 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Also on February 4, 2026, the Company will host a conference call and post conference call materials to its website, www.timken.com.

This information shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.Description 99.1Press Release of The Timken Company dated February 4, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE TIMKEN COMPANY

By:/s/ Michael A. Discenza Michael A. Discenza Vice President and Chief Financial Officer Date: February 4, 2026

EXHIBIT INDEX

Exhibit No.Description 99.1 Press Release of The Timken Company dated February 4, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

tkr-202510290000098362false00000983622025-10-292025-10-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2025

THE TIMKEN COMPANY

(Exact name of registrant as specified in its charter)

Commission file number: 1-1169

Ohio34-0577130 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

4500 Mount Pleasant Street NW North Canton,Ohio 44720-5450 (Address of principal executive offices) (Zip Code)

234.262.3000 (Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each classTrading SymbolName of each exchange on which registered Common Shares, without par valueTKRThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02     Results of Operations and Financial Condition. The Timken Company (the “Company”) issued a press release on October 29, 2025 announcing results for the third quarter of 2025. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Also on October 29, 2025, the Company will host a conference call and post conference call materials to its website, www.timken.com.

This information shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.Description 99.1Press Release of The Timken Company dated October 29, 2025

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE TIMKEN COMPANY

By:/s/ Michael A. Discenza Michael A. Discenza Vice President and Chief Financial Officer Date: October 29, 2025

EXHIBIT INDEX

Exhibit No.Description 99.1 Press Release of The Timken Company dated October 29, 2025

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)