Quarterly ResultMay 8, 2026, 08:12 AM
SIFCO Q2 Net Sales +39% to $26.4M; EPS $0.43
AI Summary
SIFCO Industries announced strong financial results for its second quarter and first half of fiscal 2026. For Q2, net sales increased 39.0% to $26.4 million, and the company reported a net income from continuing operations of $2.7 million, or $0.43 per diluted share, a significant improvement from a loss in the prior year. The first half also saw substantial growth in sales and a return to profitability, driven by management's focus on efficiency and strong product demand despite labor constraints.
Key Highlights
- Q2 fiscal 2026 net sales increased 39.0% to $26.4 million, compared to $19.0 million in Q2 2025.
- Q2 fiscal 2026 net income from continuing operations was $2.7 million, or $0.43 diluted EPS, reversing a $1.3 million loss.
- Q2 fiscal 2026 EBITDA was $3.7 million, significantly up from $0.4 million in the prior year period.
- First half fiscal 2026 net sales increased 26.3% to $50.4 million, compared to $39.9 million in H1 2025.
- First half fiscal 2026 net income from continuing operations was $4.4 million, or $0.72 diluted EPS, from a $3.7 million loss.
- First half fiscal 2026 Adjusted EBITDA was $8.7 million, up from $(0.4) million in the prior year period.
- Management reported strong demand for products, contributing to growth in SIFCO's backlog.