StockWatch
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Oil and Gas Field Machinery
Quarterly ResultJul 29, 2026, 04:34 PM

NPK International Q2 Revenue $81.6M, EPS $0.14; Raises FY Guidance

AI Summary

NPK International Inc. announced strong financial results for the second quarter of 2026, with revenues increasing 20% to $81.6 million and diluted earnings per share rising to $0.14. The company also reported a 37% increase in Adjusted EBITDA to $25.7 million, driven by robust demand in core power transmission markets and improved operating efficiency. Following these results, NPK International raised its full-year 2026 guidance for both revenues and Adjusted EBITDA, while continuing to progress on its manufacturing capacity expansion project.

Key Highlights

  • Reported Q2 2026 revenues of $81.6 million, a 20% increase year-over-year.
  • Achieved Q2 2026 diluted EPS of $0.14, up from $0.10 in the prior year period.
  • Recorded Q2 2026 Adjusted EBITDA from Continuing Operations of $25.7 million, a 37% increase.
  • Raised full-year 2026 revenue guidance to a range of $313 million to $323 million.
  • Increased full-year 2026 Adjusted EBITDA guidance to a range of $97 million to $103 million.
  • Advanced Carencro, Louisiana manufacturing expansion, investing $4.1 million in Q2, on track for mid-2027 startup.
  • Ended Q2 2026 with $8.4 million in cash and $10.6 million in total debt.