Modine Manufacturing

MOD

Market cap $14.7B

Modine Manufacturing Company (MOD) Q4 2026 Earnings Call Transcript

Modine Manufacturing NYSE: MOD executives said the company closed fiscal 2026 with another record year for revenue and adjusted EBITDA, driven by rapid growth in data center cooling and the continuing reshaping of its portfolio toward higher-growth businesses.

MOD tops Q4 estimates as data center cooling demand fuels 47% sales growth and drives another year of record revenues and EBITDA.

The market consistently misprices the physical infrastructure required to sustain exponential technological growth. Right now, the structural bottleneck for artificial intelligence (AI) is not silicon availability.

The headline numbers for Modine (MOD) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Modine (MOD) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $1.12 per share a year ago.

Strong fourth quarter resulted in fourth consecutive year of record financial results RACINE, Wis., May 26, 2026 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2026.

Shares of Modine Manufacturing surged on Tuesday after the thermal management company announced a long-term agreement to supply more than $4 billion worth of cooling products to a strategic data center customer. The deal reinforced investor optimism around the expanding artificial intelligence infrastructure market.

Modine Manufacturing landed a monumental deal to provide data center cooling solutions to a hyperscale customer. The $4 billion deal will see Modine receive $165 million upfront and will run from 2027 to 2029.

Modine Manufacturing stock jumped close to 20% after it signed a deal to provide cooling systems to a major data center operator. Since the start of the year, shares have been on a tear thanks to booming business from data centers.