BRADY CORP

For the period ended Jul 31, 2026. Filed Sep 3, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Sep 3, 2026

BRC$79.92+1.5%Stored close · as of Nov 9, 2026

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Contents

Item 16. Form 10-K Summary

None.

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

	Year ended July 31,
Description	2026	2025	2024
(Dollars in thousands)
Valuation accounts deducted in balance sheet from assets to which they apply — Accounts receivable — allowance for credit losses:
Balances at beginning of period	$7,876	$6,749	$8,467
Additions — Due to acquired businesses	34	3,608	—
Additions (Deductions) — Charged to (reversal of) expense	552	(1,423)	337
Deductions — Bad debts written off, net of recoveries	(720)	(1,058)	(2,055)
Balances at end of period	$7,742	$7,876	$6,749
Inventory — Reserve for slow-moving inventory:
Balances at beginning of period	$46,768	$31,982	$35,855
Additions — Due to acquired businesses	1,422	19,067	—
Additions (Deductions) — Charged to (reversal of) expense	(3,175)	(1,230)	(1,707)
Deductions — Inventory write-offs	(2,520)	(3,051)	(2,166)
Balances at end of period	$42,495	$46,768	$31,982
Valuation allowances against deferred tax assets:
Balances at beginning of period	$82,180	$47,224	$52,750
Additions — Due to acquired businesses	—	33,331	—
Additions — Charged to expense	1,982	2,575	1,357
Deductions — Valuation allowances reversed/utilized	(207)	(950)	(6,883)
Balances at end of period	$83,955	$82,180	$47,224

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