(Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended May31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 Commission File No.1-11288———————————— ENERPAC TOOL GROUP CORP. (Exact name of registrant as specified in its charter)———————————— 648 N. PLANKINTON AVE., 4TH FLOORMILWAUKEE, WISCONSIN 53203Mailing address: P. O. Box 3241, Milwaukee, Wisconsin 53201(Address of principal executive offices)(262) 293-1500(Registrant’s telephone number, including area code)———————————— Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and“emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.):YesNo☒The number of shares outstanding of the registrant’s ClassA Common Stock as of July6, 2026 was 51,137,646. TABLE OF CONTENTS Forward-Looking Statements and Cautionary Factors1Part I—Financial InformationItem1—Condensed Consolidated Financial Statements (Unaudited)Condensed Consolidated Statements of Earnings3Condensed Consolidated Statements of Comprehensive Income4Condensed Consolidated Balance Sheets5Condensed Consolidated Statements of Cash Flows6Condensed Consolidated Statements of Shareholders' Equity7Notes to the Condensed Consolidated Financial Statements9Item2—Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item3—Quantitative and Qualitative Disclosures about Market Risk24Item4—Controls and Procedures25Part II—Other InformationItem2—Unregistered Sales of Equity Securities and Use of Proceeds26Item5—Other Information26Item6—Exhibits27 FORWARD-LOOKING STATEMENTS AND CAUTIONARY FACTORS This quarterly report on Form 10-Q contains certain statements that constitute forward-looking statements within the meaning of thePrivate Securities Litigation Reform Act of 1995 that involve risks and uncertainties. The terms “may,” “should,” “could,” “anticipate,”“believe,” “estimate,” “expect,” “objective,” “plan,” “project” and similar expressions are intended to identify forward-looking statements.Such forward-looking statements include statements regarding expected financial results and other planned events, including, but not limitedto, anticipated liquidity, anticipated restructuring costs and related savings, anticipated future charges and anticipated capital expenditures.These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult topredict. Therefore, actual future events or results may differ materially from these statements. We disclaim any obligation to publicly updateor revise any forward-looking statements as a result of new information, future events or any other reason. •supply chain issues, including shortages of adequate component supply or that increase our costs or cause delays in our ability tofulfill orders;•failure to estimate customer demand properly may result in or could have an adverse impact on our business and operating resultsand our relationship with customers;•the deterioration of, or instability in, the domestic and international economy and challenging end-market conditions, including as aresult of geopolitical activity, including but not limited to, resumption of armed conflicts in the Middle East and potential impacts toshipping in that area, as well as the invasion of Ukraine by Russia and international sanctions imposed in response thereto;•decreased demand from customers in the oil & gas industry, including as a result of significant volatility in oil prices resulting fromdisruptions in the oil markets, geopolitical activity impacting shipping and imposition of c