Gas and Liquid Handling Q1 Results Show Revenue Beats, Guidance Misses; Sector Shares Fall

The gas and liquid handling industry reported mixed first-quarter results on June 1, 2026, with revenues beating analysts' consensus estimates by 1.3%, but next-quarter guidance came in 0.8% below projections. Shares of the 11 tracked companies have fallen an average of 3.7% since reporting. ITT (NYSE:ITT) led the sector with revenue of $1.21 billion, up 32.7% year-over-year, topping estimates by 9.8%. Standex (NYSE:SXI) posted $224.6 million in revenue, an 8.1% increase that matched forecasts, but missed significantly on adjusted operating income and EBITDA. Helios (NYSE:HLIO) jumped 22.2% after beating profit targets, while Graco (NYSE:GGG) tumbled 11.8% on a revenue shortfall of 3.9%. The uneven performance underscores cautious demand trends, with water conservation and carbon capture projects only partially offsetting cyclical pressures.