Johnson Controls Q1 26 Earnings: Revenue Up 5%, Shares Rise

The lead: Johnson Controls International plc (JCI) reported a 5% increase in Q1 2026 revenue to $7.5 billion, exceeding analysts' estimates, boosting its share price by 4.2% in pre-market trading. The company's strong performance is attributed to robust demand in its building solutions and energy storage segments. Supporting details: JCI's earnings per share (EPS) were $1.55, surpassing the consensus estimate of $1.45. The company's backlog, a key indicator of future sales, grew by 10% to $25 billion. CEO Alex Molinaroli stated, "Our diversified portfolio and strategic focus on growth markets are driving solid financial results." The company also announced a 10% increase in its quarterly dividend to $0.85 per share, effective March 31, 2026.