Abstract

Atmus Filtration Technologies Inc. will report quarterly results on February 13, 2026 Pre-Market; this preview consolidates consensus forecasts, last quarter’s performance, segment dynamics, and prevailing analyst views to frame likely outcomes and key debate points for the print.

Market Forecast

Consensus-derived forecasts embedded in the company’s guidance framework imply current-quarter revenue of USD 422.24 million, up 5.72% year over year, with forecast EBIT of USD 68.94 million, and forecast EPS of USD 0.56, up 8.17% year over year. While explicit gross margin and net margin targets for this quarter are not disclosed, the trajectory implied by recent cost discipline and mix suggests stability to modest expansion versus last year if volumes hold; adjusted EPS is expected at USD 0.56, up 8.17% year over year. The main business remains anchored by filtration products across fuel, lube, and air applications, with growth supported by pricing and aftermarket demand resilience. The most promising segment is fuel filtration, which recently delivered USD 204.70 million and leads the mix by size; its relative scale and pricing power position it as a key incremental earnings driver if volumes stay firm year over year.

Last Quarter Review

Atmus Filtration Technologies Inc. reported last quarter revenue of USD 447.70 million, with a gross profit margin of 29.46%, GAAP net profit attributable to the parent company of USD 54.80 million, a net profit margin of 12.24%, and adjusted EPS of USD 0.69, with year-over-year adjusted EPS growth of 13.12%. A notable highlight was EBIT of USD 81.90 million, which exceeded the prior estimate by USD 9.61 million as operating execution and product mix supported profitability. By business line, revenue composition showed fuel at USD 204.70 million, lube at USD 87.90 million, air at USD 77.40 million, and other at USD 77.70 million, underscoring the breadth of the aftermarket-centric portfolio; the company also delivered revenue growth of 10.90% year over year in the quarter.

Current Quarter Outlook (with major analytical insights)

Main business trajectory and revenue quality

The core business remains tied to demand for filtration solutions across on-highway and off-highway end markets, with aftermarket exposure helping to stabilize revenue through cycles. For the current quarter, forecasts indicate revenue of USD 422.24 million, implying a sequential decline off a strong print yet a 5.72% increase year over year, which aligns with typical seasonality and a normalization from inventory restocking in prior periods. Margin quality will likely hinge on pricing retention and input-cost trends; the prior quarter’s gross margin at 29.46% and net margin at 12.24% provide a reference point for evaluating whether cost controls and favorable mix can hold. Given that adjusted EPS is forecast at USD 0.56, up 8.17% year over year, the market appears to expect operating leverage to largely offset any modest volume variability, aided by steady aftermarket demand and disciplined expense management. Should freight and raw material costs remain contained, the company could defend gross margin near prior-quarter levels, though any rapid shifts in OEM production schedules could temporarily affect absorption and mix.

Fuel filtration as the key growth and earnings lever

Fuel filtration represents the company’s largest revenue pool and, by extension, the most significant swing factor for consolidated earnings contribution. Coming off the last quarter’s USD 204.70 million in fuel revenue, the segment’s scale provides operating leverage when volumes and pricing are resilient; this quarter’s year-over-year revenue forecast suggests that fuel filtration demand is holding up against macro uncertainty. End-market factors worth watching include heavy-duty vehicle utilization and service intervals, which support aftermarket filter replacement frequency, as well as any OEM production adjustments that could impact first-fit shipments. If aftermarket sell-through stays firm into February and distributor inventories remain in balance, fuel filtration could again underpin consolidated gross margin through mix and pricing discipline. Conversely, a slower replacement cycle or elongated customer destocking would be a headwind, though the diversified aftermarket base typically dampens volatility.

Stock price drivers into the print

Investors appear focused on the cadence of margin progression versus last quarter’s 29.46% gross margin and 12.24% net margin, and whether forecast EPS of USD 0.56 reflects conservative or aggressive cost assumptions. Upside could stem from better-than-expected gross margin if input costs remain benign and if the product mix skews to higher-margin aftermarket SKUs in fuel and lube filtration. Revenue sensitivity also hinges on international demand trends and pricing realization; even modest beats at the top line can translate into EPS outperformance given the operating leverage evidenced by last quarter’s EBIT beat of USD 9.61 million over estimates. Potential downside for the shares would likely arise from any sequential margin compression beyond seasonal norms or commentary indicating a softer replacement cycle, which would challenge the assumed year-over-year growth embedded in the USD 422.24 million revenue forecast and USD 0.56 EPS outlook. The balance of probabilities into February 13, 2026 tilts toward stable to modestly improving profitability, provided aftermarket volumes and pricing hold through the quarter.

Analyst Opinions

The majority of recent published opinions are bullish. Two visible updates within the last six months maintained Buy ratings, including J.P. Morgan and Northland Securities, indicating confidence in the company’s execution and aftermarket-led resilience. J.P. Morgan underscored a constructive stance tied to portfolio positioning and incremental growth from market expansion initiatives, while Northland Securities reiterated a positive view supported by stable end-market demand and operational consistency. The ratio of bullish to bearish commentary, based on collected reports, skews to bullish with no newly captured bearish initiations, suggesting that the market expects the company to meet or moderately exceed near-term expectations. The bullish camp highlights the combination of pricing discipline, balanced channel inventory, and a robust aftermarket mix as catalysts for sustaining margins around recent levels and delivering the forecast EPS of USD 0.56, up 8.17% year over year. Against that backdrop, previews generally point to manageable risks around OEM build schedules, with attention centered on whether management commentary will validate a steady demand cadence through the first half of the year.