ESAB Reports Q2 2026 Revenue $808M, Core adjusted EBITDA $150M; Updates 2026 Outlook

ESAB reported record second-quarter 2026 net sales of $807.6 million and GAAP net income from continuing operations attributable to ESAB of $36.4 million ($0.54 diluted EPS). The company reported core adjusted EBITDA of $150 million and core adjusted diluted EPS of $1.33 for the quarter, and raised…

ESAB reported record second-quarter 2026 net sales of $807.6 million and GAAP net income from continuing operations attributable to ESAB of $36.4 million ($0.54 diluted EPS). The company reported core adjusted EBITDA of $150 million and core adjusted diluted EPS of $1.33 for the quarter, and raised its full-year 2026 core net sales growth guidance to 11.0%–14.0% and core adjusted EBITDA to $615–$625 million. Management highlighted the closing of the Eddyfi acquisition ahead of schedule and continued focus on organic growth, margin expansion and deleveraging.

Financial Highlights

Revenue (Net sales): $807.6 million for the three months ended July 3, 2026 (record quarter).
Gross profit: $307.2 million for the three months ended July 3, 2026.
Operating income: $78.7 million for the three months ended July 3, 2026.
Net income from continuing operations: $36.4 million for the three months ended July 3, 2026; net income attributable to ESAB Corporation $32.4 million; net income attributable to common stockholders $31.0 million.
Core adjusted EBITDA: $150 million for the quarter; core adjusted diluted EPS: $1.33 for the quarter (core adjusted net income from continuing operations $82.8 million).

Business Highlights

Core sales growth returned to positive on a core organic basis: core organic sales up 2.5% year-over-year for the quarter (total reported sales growth 12.9%).
Core organic growth was achieved across both Americas and EMEA & APAC regions with particular strength noted in North America and Asia and resilience in Europe.
Completed acquisition of Eddyfi ahead of schedule, which management positions as strategic to extend ESAB’s workflow solutions into new adjacencies.
Management is investing commercially to support equipment growth while expecting to mitigate transitory logistics and commodity cost inflation over coming quarters.
Updated full-year 2026 outlook reflects a higher contribution from M&A (revised to ~9% of growth) while maintaining organic sales guidance of 2.0%–4.0% and currency impact of 0.0%–1.0%.

Original SEC Filing:

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