Renishaw Shares Jump as Q4 Revenue Hits Record, Profit Tops Forecasts

Shares in Renishaw plc (LON: RSW) surged as much as 8% on Friday, 24 July 2026, after the Wotton-under-Edge-based precision engineering group revealed a bumper post-close trading update showing record fourth-quarter revenue and full-year profits running well ahead of expectations.

The stock rose to a session high of 5,425p before settling around 5,345p, up roughly 8% on the previous close of 4,948p, extending a rally that has already lifted the shares nearly 40% over the past week amid growing investor optimism.

In its update ahead of full-year results due on 23 September, Renishaw said Q4 revenue reached approximately £243m, up 27% year-on-year and 18% ahead of Q3, as growth accelerated through the year.

WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.

Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.

5.0

Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Demand was particularly strong from customers in the semiconductor and electronics manufacturing equipment sector, alongside continued momentum in aerospace and defence.

For the full year to 30 June 2026, Renishaw expects revenue of around £815m, a 14% increase on the prior year, with all three divisions — Analytical Instruments and Medical Devices, Specialised Technologies, and Position Measurement — delivering growth.

Specialised Technologies and Position Measurement were flagged as particularly strong performers.

Crucially, profitability outpaced the top line: adjusted operating profit is expected to be approximately £152m, with adjusted profit before tax around £167m — a 31% jump versus last year, signalling improved margins alongside the revenue surge.

Investors will look for further detail on order books and segmental performance when Renishaw reports full results on September 23.