StockWatch
·
Industrial Machinery/Components
Quarterly ResultAug 6, 2026, 06:37 AM

ESAB Q2 Sales $808M, Core Organic Sales +2.5%; Raises EBITDA Outlook

AI Summary

ESAB Corporation announced record second quarter 2026 results, with total sales increasing 12.9% to $808 million and core organic sales up 2.5%. Core adjusted EBITDA grew 8.0% to $150 million, though core adjusted diluted EPS decreased 1% year-over-year to $1.33. The company also successfully closed its acquisition of Eddyfi ahead of schedule and updated its full-year 2026 outlook, raising total core sales growth and core adjusted EBITDA forecasts, but adjusting its core adjusted EPS outlook downwards.

Key Highlights

  • Record total sales increased 12.9% to $808 million for Q2 2026.
  • Core organic sales grew 2.5% in Q2 2026, with growth in both segments.
  • Core adjusted EBITDA rose 8.0% to $150 million in Q2 2026.
  • Core adjusted diluted EPS was $1.33 for Q2 2026, down 1% year-over-year.
  • Successfully closed the acquisition of Eddyfi one month ahead of schedule.
  • Updated 2026 total core sales growth outlook to 11.0%-14.0% (previously 6.0%-9.0%).
  • Raised 2026 core adjusted EBITDA outlook to $615 million-$625 million (previously $575 million-$595 million).
  • Adjusted 2026 core adjusted EPS outlook to $5.40-$5.50 (previously $5.70-$5.90).