What is the primary revenue source for Nordson (NDSN)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze NDSN's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Nordson's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Nordson Makes Money: NDSN Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

Operating margin improved by 1.95 percentage points year over year.

Revenue: USD 2.23B
Largest revenue segment share (Industrial Precisions Solutions): 46.88%
Cost of revenue: USD 1.00B
Selling, general and administrative: USD 637.23M

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

RevenueSales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of sales · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling and administrative expenses · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Industrial Precisions Solutions)Industrial Precisions Solutions · segment_value / revenue * 100
Operating marginOperating profit · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Watch

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Goodwill accounts for 55.75% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 3.32B
Accounts receivable: USD 648.83M
Property, plant and equipment: USD 517.01M
Shareholder equity: USD 3.27B

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Shareholder equityTotal shareholders' equity · StockholdersEquity
GoodwillGoodwill · Goodwill
Accounts receivableReceivables - net · ReceivablesNetCurrent
Property, plant and equipmentProperty, plant and equipment - net · PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 141.37% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 403.54M
Operating cash flow: USD 570.47M
Cash conversion: 141.37%
Free cash flow: USD 530.16M

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Net incomeNet income · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 137.38M
Share repurchases: USD 158.79M
Stock issuance proceeds: USD 49.14M
Net shareholder return: USD 247.03M

View calculation evidence

YoY periods: 9M 2026 compared with 9M 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsIssuance of common shares · ProceedsFromIssuanceOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?