Quarterly ResultAug 6, 2026, 09:04 AM
Loar Holdings Q2 Net Sales $171.6M; YTD Net Income $27.9M
AI Summary
Loar Holdings Inc. reported strong net sales growth for Q2 and year-to-date 2026, reaching $171.6 million and $327.7 million respectively, driven by recent acquisitions. While operating income increased significantly, net income for the six months ended June 30, 2026, decreased to $27.9 million from $32.0 million in the prior year, primarily due to higher interest expenses and amortization related to the Harper Engineering and LMB Fans & Motors acquisitions.
Key Highlights
- Net sales for Q2 2026 increased to $171.6 million from $123.1 million in Q2 2025.
- Year-to-date net sales grew to $327.7 million from $237.8 million in the prior year.
- Net income for Q2 2026 was $16.7 million, slightly up from $16.7 million in Q2 2025.
- Year-to-date net income decreased to $27.9 million from $32.0 million in 2025.
- Basic EPS for Q2 2026 remained flat at $0.18, while YTD Basic EPS was $0.30.
- Operating income for Q2 2026 rose to $41.9 million from $27.3 million in Q2 2025.
- Acquired Harper Engineering for $249.8 million in cash on January 21, 2026.
- Acquired LMB Fans & Motors for $474.8 million in cash on December 23, 2025.
Price Impact
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