Quarterly ResultAug 6, 2026, 07:08 AM
GPGI Q2 Adj. Net Sales $473.2M; GAAP Net Income $50.3M; Declares Dividend
AI Summary
GPGI, Inc. announced its second quarter 2026 financial results, reporting Pro Forma Adjusted Net Sales of $473.2 million and GAAP Net Income of $50.3 million. Pro Forma Adjusted EBITDA decreased by 13% to $113.9 million. The company's Board of Directors also declared a quarterly cash dividend of $0.0025 per share of Class A common stock. GPGI reiterated its full-year 2026 guidance, expecting Pro Forma Adjusted EBITDA to increase by 7% at the midpoint.
Key Highlights
- Pro Forma Adjusted Net Sales $473.2M, down 4% YoY.
- GAAP Net Income $50.3M, up from $(26.1)M YoY.
- Pro Forma Adjusted EBITDA $113.9M, down 13% YoY.
- Quarterly cash dividend $0.0025 per Class A share declared.
- CompoSecure sales $133.6M, up 11.7%; EBITDA $55.2M, up 13.6%.
- Husky sales $339.6M, down 9.2%; EBITDA $64.9M, down 22.6%.
- Reiterated FY26 Adj. EBITDA guidance $550M-$610M, up 7% at midpoint.
Price Impact
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