Renishaw stock reports 14 percent revenue growth in FY2026

Renishaw stock stood at GBp 5,565 on the London Stock Exchange on September 23, 2026, after the precision engineering group reported fiscal 2026 revenue of GBP 815.8 million, up 14 percent from GBP 713.0 million. The results put operating performance at the center of the investment case, with adjusted operating profit rising 36 percent to GBP 152.9 million.

Profit grows faster than sales

According to the fiscal 2026 results released through TradingView on September 23, 2026, adjusted operating margin expanded from 15.7 percent in fiscal 2025 to 18.7 percent in fiscal 2026. Adjusted earnings per share increased 30 percent from 137.8 pence to 179.5 pence, while adjusted profit before tax rose 32 percent to GBP 168.0 million.

The margin change matters because profit advanced more than twice as fast as revenue. Statutory profit before tax reached GBP 150.0 million, up 27 percent, despite GBP 18.0 million of redundancy and other one-off costs.

Semiconductor demand drives segments

Position Measurement was the clearest growth engine. Revenue increased 26 percent to GBP 260.9 million, while adjusted operating profit rose 53 percent to GBP 71.5 million and the segment margin reached 27.4 percent.

Specialised Technologies delivered the fastest revenue growth, up 43 percent to GBP 107.5 million, and moved from an adjusted operating loss of GBP 9.9 million in fiscal 2025 to an adjusted operating profit of GBP 4.7 million in fiscal 2026. Investing.com reported that management expects fiscal 2027 capital expenditure to double as Renishaw expands encoder capacity.

Stock stays below yearly high

Renishaw stock was priced at GBp 5,565 on September 23, 2026, against a 52-week range of GBp 3,290 to GBp 5,785. That places the share price GBp 220 below the yearly high, a 3.8 percent gap calculated from the high of GBp 5,785.

The board proposed a regular dividend of 82.0 pence per share for fiscal 2026, up 5 percent from 78.1 pence, plus a special dividend of 70.0 pence. A separate Scottish Widows report said Jefferies upgraded Renishaw from Hold to Buy on September 11, 2026, and raised its price target from GBp 3,450 to GBp 6,090.

Renishaw stock after results

The closing price of GBp 5,565 on September 23, 2026, leaves the shares below both the GBp 5,785 52-week high and the GBp 6,090 Jefferies target. The financial year showed that Position Measurement and Specialised Technologies are currently contributing more strongly to profit growth than the wider group revenue increase.