Johnson Controls Raises Guidance as Backlog Hits Record High
The building technology company reported second-quarter adjusted earnings per share of $1.19, a 45% increase year-over-year.
Johnson Controls International (JCI), the building technology company, reported second-quarter sales of $6.1 billion, an 8% increase from the prior year.
The results were marked by a significant accumulation of future work, as the company reached a record backlog of $20.0 billion. This represented an organic increase of 26% year-over-year and a rise from the $18.2 billion reported in the first quarter.
Organic sales grew 6% year-over-year. While organic orders grew 30% during the period, that rate decelerated from the 39% growth reported in the first quarter.
Profitability improved across all geographic regions. The EMEA segment saw the largest margin expansion, with Adjusted Segment EBITA margin rising 370 basis points to 14.9%. The APAC segment margin expanded 350 basis points to 19.8%, while the Americas segment margin grew 100 basis points to 19.5%.
Following the second-quarter results, the company raised its full-year fiscal 2026 guidance.
For the third quarter of 2026, the company expects organic sales growth of approximately 6% and adjusted earnings per share of approximately $1.28. It also expects operating leverage of approximately 50% for the period.
Johnson Controls appointed Irene Esteves to its board of directors on June 3, 2026.