| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 731.38 | 11.6% | 4.2% |
| Total Income | 731.38 | 11.6% | 4.2% |
| Expenditure | 721.01 | 13.5% | 4.3% |
| PBT | -158.73 | 1124.1% | 138.7% |
| Net Profit | -124.07 | 925.5% | 147.8% |
| OPM | 1.42% | 1.64pp | 8.80pp |
| NPM | -16.96% | 19.26pp | 9.83pp |
| EPS | -3.68 | 936.4% | 150.3% |
Atkore Inc.: Q2 2026 Net Sales Up 4.2% to $731.4 Million
05 May 2026 · 5 May, 3:38 pm
Summary
Atkore Inc. announced its second quarter 2026 results, with net sales increasing by 4.2% to $731.4 million. However, the company reported a net loss of $124.1 million, a decrease compared to the prior year, and Adjusted EBITDA decreased by 30.4% to $81.1 million. The company completed several strategic actions, including the divestiture of its HDPE Pipe & Conduit business and its surface protection and powder coatings business in Belgium. Atkore is maintaining its full-year outlook for Adjusted EBITDA and Adjusted net income per diluted share.
Key Highlights
- 1
Atkore's net sales for the second quarter of 2026 increased by 4.2% year-over-year to $731.4 million.
- 2
The company reported a net loss of $124.1 million, a decrease of $74.0 million compared to the prior year.
- 3
Adjusted EBITDA for the quarter decreased by 30.4% to $81.1 million.
- 4
Adjusted net income per diluted share decreased by $0.81 to $1.23.
- 5
Organic volume grew by approximately 5% year-over-year.
- 6
The company divested its HDPE Pipe & Conduit business and its surface protection and powder coatings business in Belgium.
- 7
Atkore is maintaining its full-year 2026 Adjusted EBITDA outlook of $340 to $360 million and Adjusted net income per diluted share outlook of $5.05 to $5.55.
Management Comments
Bill Waltz
"We were pleased with our second quarter results. We delivered approximately 5% year-over-year organic volume growth and solid productivity gains. In addition our net sales, Adjusted EBITDA and Adjusted EPS all improved sequentially versus our first quarter results." "These operating results reflect improvements from our own internal initiatives as well as benefits from solid end-market demand." "Over the past few months, we have also completed several actions related to our broader review of strategic alternatives. We have now finalized the three plant closures previously announced, and we have recently divested both our High-Density Polyethylene Pipe & Conduit (“HDPE”) business as well as our surface protection and powder coatings business in Belgium. Each of these completed actions represent our commitment to support the electrical infrastructure market which we believe will enable long-term shareholder value creation."
Informational and educational content only. Not investment advice.