Quarterly ResultMay 5, 2026, 04:23 PM
COMPX Q1 Operating Income +20% to $7.1M; EPS $0.48
AI Summary
COMPX International Inc. reported a significant increase in operating income and net income for the first quarter of 2026. Operating income rose 20% to $7.05 million, and net income per share increased 14% to $0.48. This performance was driven by higher gross margin at Security Products and increased sales in the Marine Components segment. For the full year 2026, the company expects modest net sales growth and margins generally comparable to 2025, with Security Products margins anticipated to moderate.
Key Highlights
- Q1 2026 Net Income rose 14% to $5.85 million.
- Q1 2026 Operating Income increased 20% to $7.05 million.
- Basic and diluted EPS for Q1 2026 was $0.48, up from $0.42.
- Net sales for Q1 2026 were $40.57 million, a 0.7% increase.
- Security Products operating income grew 19% to $6.58 million.
- Marine Components net sales increased 6% to $10.67 million.
- Net cash used in operating activities was $1.16 million.
- Declared a cash dividend of $0.30 per share.
Price Impact
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