Quarterly ResultAug 7, 2026, 03:33 PM
Atmus Filtration Q2 Net Sales $527.9M; Koch Filter Acquisition Drives Growth
AI Summary
Atmus Filtration Technologies Inc. reported strong financial results for the second quarter and first half of 2026, driven by the acquisition of Koch Filter Corporation. Net sales for Q2 2026 increased by 16.4% to $527.9 million, with net income rising to $63.9 million and diluted EPS reaching $0.78. The company completed the $455.0 million acquisition of Koch Filter in January 2026, significantly expanding its presence in the industrial air filtration market, and simultaneously secured a new $1.0 billion term loan facility. Atmus also repurchased $20.3 million in common stock during the first half of the year.
Key Highlights
- Net Sales for Q2 2026 increased 16.4% to $527.9 million from $453.5 million in Q2 2025.
- Net Income for Q2 2026 rose 6.7% to $63.9 million, up from $59.9 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.78, an 8.3% increase from $0.72 in Q2 2025.
- Acquired Koch Filter Corporation for $455.0 million in cash on January 7, 2026, expanding into industrial air filtration.
- Entered into a new credit agreement on January 7, 2026, including a $1.0 billion term loan and $500 million revolving credit facility.
- Long-term debt increased to $992.0 million at June 30, 2026, from $540.0 million at December 31, 2025.
- Repurchased $20.3 million of common stock during H1 2026, with $49.0 million remaining capacity.
- Power Solutions segment reported external sales of $485.5 million and Industrial Solutions segment reported $42.4 million for Q2 2026.
Price Impact
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