Quarterly ResultApr 30, 2026, 04:05 PM
BOOM Q1 Sales $135.6M, down 15%; Adj EBITDA $3.9M, down 73%
AI Summary
DMC Global Inc. reported Q1 2026 financial results, with consolidated sales of $135.6 million, a 15% decrease year-over-year, and adjusted EBITDA attributable to DMC of $3.9 million, down 73% from the prior year. The company faced significant macroeconomic challenges, including geopolitical developments, supply chain issues, and high raw material costs, which impacted all segments. Despite these headwinds, results were within management's expectations. For Q2 2026, DMC anticipates sequential improvements, projecting sales between $148 million and $158 million and adjusted EBITDA between $6 million and $8 million, driven by expected demand growth across its businesses.
Key Highlights
- Consolidated Q1 sales $135.6M, down 15% YoY and 6% sequentially.
- Adjusted EBITDA attributable to DMC $3.9M, down 73% YoY.
- Net loss attributable to DMC $(6.065)M vs $0.677M net income YoY.
- Arcadia Products sales $56.7M (down 14% YoY); DynaEnergetics sales $59.5M (down 9% YoY).
- NobelClad sales $19.3M (down 31% YoY); backlog $70.3M, highest in 15+ years.
- Q2 2026 sales guidance $148M-$158M; Adj EBITDA guidance $6M-$8M.
- Geopolitical issues, high aluminum costs, and competitive markets impacted results.