Enerpac Tool Group's stock plummeted 9.58% in after-hours trading following the release of its Q1 fiscal 2026 earnings report. The company reported adjusted EPS of $0.36, missing the $0.37 estimate, and sales of $144.208 million, falling short of the $145.900 million estimate.

Net earnings for the quarter totaled $19.1 million, marking a 12% decline year-over-year. The company also reported a 1% decrease in net sales compared to the previous year. Despite maintaining an adjusted EBITDA margin of 22.4%, the weaker-than-expected results and declining profitability appear to have spooked investors.