Quarterly ResultMay 5, 2026, 04:23 PM
CompX Q1 Net Sales $40.6M, Net Income $5.9M, EPS $0.48
AI Summary
CompX International Inc. reported increased financial results for the first quarter of 2026. Net sales rose to $40.6 million from $40.3 million in Q1 2025, driven by higher Marine Components sales. Operating income significantly increased to $7.1 million, up from $5.9 million, primarily due to improved gross margin at Security Products and higher Marine Components sales. Net income reached $5.9 million, or $0.48 per share, compared to $5.1 million, or $0.42 per share, in the prior year period.
Key Highlights
- Net sales increased to $40.6 million in Q1 2026 from $40.3 million in Q1 2025, a 0.74% rise.
- Operating income grew 20.3% to $7.1 million in Q1 2026 from $5.9 million in Q1 2025.
- Net income rose 15.7% to $5.9 million in Q1 2026 compared to $5.1 million in Q1 2025.
- Basic and diluted EPS increased to $0.48 in Q1 2026 from $0.42 in Q1 2025, a 14.3% increase.
- Gross margin improved to $13.3 million in Q1 2026 from $12.2 million in Q1 2025.
- Higher Marine Components sales to the industrial market contributed to increased net sales.
- Improved gross margin at Security Products from a favorable customer and product mix boosted operating income.
Price Impact
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