Quarterly ResultMay 7, 2026, 07:22 AM
GPGI Q1 Pro Forma Adj. Net Sales $421.2M, Adj. EBITDA $82.1M
AI Summary
GPGI, Inc. announced its financial results for the first quarter ended March 31, 2026, reporting Pro Forma Adjusted Net Sales of $421.2 million, a 3% increase, and Pro Forma Adjusted EBITDA of $82.1 million, a 16% decrease. While CompoSecure achieved record sales, Husky Technologies was negatively impacted by unexpected market headwinds due to oil and resin price volatility and tariff uncertainty. The company also declared a quarterly cash dividend of $0.0025 per share and revised its full-year 2026 guidance.
Key Highlights
- GPGI declared a quarterly cash dividend of $0.0025 per share of Class A common stock.
- Q1 2026 Pro Forma Adjusted Net Sales were $421.2 million, up 3% year-over-year.
- Q1 2026 GAAP Net Loss was $235.0 million.
- Q1 2026 Pro Forma Adjusted EBITDA was $82.1 million, down 16% year-over-year.
- Q1 2026 Pro Forma Adjusted EBITDA margin was 19.5%, a decrease of 430 basis points.
- CompoSecure delivered Q1 2026 Pro Forma Adjusted Net Sales of $130.4 million, up 25.6%.
- Husky Technologies' Q1 2026 Pro Forma Adjusted Net Sales were $290.8 million, down 5.2%.
- Full Year 2026 Pro Forma Adjusted Net Sales guidance is $1,950 to $2,100 million.
Price Impact
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