Welcome to our dedicated page for Modine Manf news (Ticker: MOD), a resource for investors and traders seeking the latest updates and insights on Modine Manf stock.
Modine Manufacturing Co. provides thermal management technology and engineered heating, cooling and ventilation solutions for mission-critical applications. News about MOD commonly covers operating and financial results, investor conference participation, product development, and capacity additions across its Climate Solutions, Data Centers and Performance Technologies businesses.
Company updates often center on Airedale by Modine data center cooling systems, including TurboChill chiller platforms, free-cooling architectures, and liquid-cooling support for high-density computing environments. Other recurring topics include global manufacturing expansion, energy- and water-efficiency applications, emissions-reduction technologies, governance matters, and changes affecting the company’s segment portfolio.
Modine (NYSE: MOD) reported record fourth-quarter and fiscal 2026 results driven by strong Climate Solutions and data center demand.
Q4 net sales rose 47% to $954.4 million and adjusted EBITDA grew 40% to $146.1 million. Fiscal 2026 net sales increased 23% to $3.18 billion, while a $116.1 million non-cash pension termination charge reduced GAAP earnings. The company completed three Climate Solutions acquisitions, launched its largest capacity expansion for data centers, announced a pending spin-off of Performance Technologies, secured a $4 billion long-term chiller agreement with a hyperscale customer, and issued fiscal 2027 guidance for 20%-35% net sales growth and $650-$680 million adjusted EBITDA.
Modine (NYSE: MOD) announced a landmark Long-Term Capacity Agreement with a strategic data center customer for its Airedale by Modine cooling solutions.
The LTA covers guaranteed capacity to supply more than $4 billion of products during 2027–2029 and includes a $165 million upfront cash payment to support capacity investments and related expenditures, advancing Modine's Data Centers growth strategy.
Modine (NYSE:MOD) will host its fourth quarter and fiscal 2026 earnings conference call and webcast on May 27, 2026 at 9:00 a.m. CT (10:00 a.m. ET). Financial results for the period ended March 31, 2026 are scheduled for release after market close on May 26, 2026.
The live webcast, replay, slides, audio-only replay, and transcript will be available through Modine's investor relations website and dedicated dial-in numbers.
Modine (NYSE: MOD) will participate in the Oppenheimer 21st Annual Industrial Growth Conference on May 5, 2026. Neil D. Brinker, president and CEO, and Michael B. Lucareli, EVP and CFO, will appear in a virtual fireside chat at 1:30 p.m. ET (12:30 p.m. CT).
Live webcasts are available in the Investor Relations section of Modine's website and recordings will be available for 365 days after the webcast.
Modine (NYSE: MOD) promoted Art Laszlo to President, Data Centers, effective April 1, 2026, creating a standalone Data Centers segment previously part of Climate Solutions. The company will report the two segments with first quarter fiscal 2027 results. Performance Technologies remains a separate segment until its planned spin-off later this calendar year as part of the transaction with Gentherm.
Laszlo, who joined Modine in 2022, will lead growth and profitability for the new global Data Centers business, while Eric McGinnis will continue to lead the remaining Climate Solutions segment until his planned retirement.
Modine (NYSE: MOD) joined the U.S. Department of Energy's Better Plants program on April 1, 2026, and achieved strong sustainability ratings in 2025. The company received B scores for Climate Change and Water Security from CDP and a Bronze Medal from EcoVadis, signaling coordinated climate action and a structured sustainability program. Modine said its sustainability strategy spans energy-efficient products, manufacturing practices, and support for customers' emissions reductions.
Modine (NYSE: MOD) reported third quarter fiscal 2026 net sales of $805.0 million, up 31% year‑over‑year, driven by a 51% increase in Climate Solutions sales and 78% growth in data center sales. Adjusted EBITDA was $119.6 million (up 37%). The company recorded a $116.1 million non‑cash charge for U.S. pension termination, producing a GAAP net loss of $46.8 million (loss per share $0.90). Modine raised fiscal 2026 guidance to net sales +20–25% and adjusted EBITDA $455–475 million.
Airedale by Modine (NYSE: MOD) on January 22, 2026 announced the TurboChill 3+MW, a new hybrid air-cooled chiller aimed at high-density, GPU-powered AI data centers. The unit expands the TurboChill platform with industry-leading heat-rejection capacity and a wider free-cooling operating range to reduce mechanical cooling and energy use.
The design targets varied real-world conditions by combining enhanced free cooling where possible with refrigerant-based mechanical cooling for peak loads and reliability, and is engineered to operate across a broad range of supply and return water temperatures common in modern data centers.
Modine (NYSE: MOD) will host a conference call and webcast to review third quarter fiscal 2026 results for the period ended December 31, 2025.
Results will be released after the market close on February 4, 2026; the live call is scheduled for February 5, 2026 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) with CEO Neil D. Brinker and CFO Michael B. Lucareli. Investors can join the live webcast with presentation slides via Modine's investor website at least 10 minutes before the start.
A replay of slides and audio will be available on or after February 5, 2026; an audio-only replay is available through midnight on February 12, 2026 by dialing 877-660-6853 (international 201-612-7415) and entering Conference ID 13757387. A transcript will be posted on or after February 9, 2026.
Airedale by Modine (NYSE: MOD) highlighted its air-cooled chillers with concurrent free cooling and a broad cooling portfolio designed for higher-temperature, higher-heat-density data center architectures on Jan. 13, 2026. The company emphasized 20+ years of free-cooling expertise, variable-speed components (EC fans up to 70% more efficient at part-load), and intelligent controls such as the Airedale Cooling System Optimizer to stage up to 20 chillers and minimize PUE as thermal densities rise. The release also notes solutions for AHUs, CDUs, dry coolers and advancing immersion cooling to support next-generation chips.