Renishaw reports record first-quarter revenue as FY2027 momentum continues

Traders Union
All News
Financial Institutions
Renishaw record FY2027 revenue

Highlights

Renishaw reports Q1 FY2027 revenue of £251.8 million, up 47% year on year and 3% sequentially, with 48% constant currency growth.
Industrial Metrology revenue rises 28% to £130.8 million, Position Measurement revenue jumps 84% to £96.0 million on semiconductor and automation demand, and order books expand across key segments.
Management accelerates manufacturing and supply chain expansion to meet robust semiconductor, aerospace, and defence demand, maintaining a strong outlook for FY2027 revenue and operating margin growth.

First-quarter growth and segment performance

As reported by the London Stock Exchange's Regulatory News Service, Renishaw publishes an unaudited trading update for the three months ended 30 September 2026, showing Q1 revenue of £251.8 million. That is 47% higher than the weak comparator in FY2026 Q1 and 3% above FY2026 Q4, while constant exchange rate growth reaches 48% year on year.

Industrial Metrology generates £130.8 million in Q1 revenue, up 28% year on year, or 29% at constant exchange rates, and 9% above the preceding quarter. The company says demand is rising for its 5-axis co-ordinate measuring machines and shop-floor gauging systems, while sales of metrology sensors to machine tool and CMM builders improve after a flat FY2026, with stronger sales into aerospace and defence, energy and consumer electronics.

Position Measurement records £96.0 million in quarterly revenue, up 84% year on year, or 85% at constant exchange rates, and 17% above FY2026 Q4. Renishaw says demand is particularly strong for open optical encoders and laser encoders used in semiconductor manufacturing equipment, and adds that its order book expands further during the quarter as it invests in additional production capacity. Specialised Technologies posts £25.0 million of revenue, up 50% year on year at constant exchange rates, with additive manufacturing driving growth from aerospace and defence and medical customers, even as revenue is lower than an exceptionally strong FY2026 Q4.

Capacity expansion and FY2027 outlook

Management says the opening quarter continues and broadens the momentum established through FY2026, with semiconductor, aerospace and defence demand still strong and wider automation investment now contributing across other industries. The company also says order books are growing in key areas, including Industrial Metrology, Position Measurement and Specialised Technologies.

Renishaw says it is investing in manufacturing expansion and working to scale its supply chain and production capacity, while remaining mindful of the cyclical nature of demand over the medium term. On that basis, the group continues to expect strong progress in revenue and operating margin for FY2027 as a whole.

In our earlier article on the Nasdaq 100’s volatility around AI supply-chain risks and higher financing costs, we noted that the index rebounded but remained capped below key moving averages, signaling fragile sentiment. The analysis highlighted ongoing pressure on semiconductor and AI-linked names, with traders watching major resistance levels as a prerequisite for a more durable upswing.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.