| Metric | Value ($ M) | Q2 FY25 |
|---|---|---|
| Revenue | 745.60 | 9.9% |
| Total Income | 745.60 | 9.9% |
| Expenditure | 655.12 | 15.3% |
| PBT | 64.90 | 30.3% |
| Net Profit | 47.64 | 29.3% |
| OPM | 12.13% | 4.06pp |
| NPM | 6.39% | 3.54pp |
| EPS | 0.78 | 29.1% |
ESAB Corporation Announces Record Second Quarter 2026 Results
06 Aug 2026 · 6 Aug, 4:07 pm
Summary
ESAB Corporation announced record second quarter 2026 results, with total sales increasing 12.9% to $808 million, driven by core organic sales growth of 2.5%. Net income from continuing operations was $35 million, or $0.54 per diluted share, while core adjusted EBITDA increased by 8.0% to $150 million, though the core adjusted EBITDA margin decreased by 90 basis points to 19.5%. Management highlighted a solid return to organic growth and the successful early closure of the Eddyfi acquisition, viewing it as a strategic step towards higher growth and margins. The company also raised its full-year 2026 outlook, projecting core sales growth of 11.0% to 14.0% and increasing its core adjusted EBITDA forecast.
Key Highlights
- 1
ESAB Corporation reported record second quarter sales of $808 million, an increase of 12.9% on a reported basis.
- 2
Core organic sales increased by 2.5% in the second quarter, with core organic growth reported in both segments.
- 3
Second quarter net income from continuing operations attributable to ESAB was $35 million, or $0.54 diluted earnings per share.
- 4
Core adjusted EBITDA for the second quarter rose 8.0% to $150 million.
- 5
Core adjusted EBITDA margin decreased by 90 basis points year-over-year to 19.5%.
- 6
The company closed the acquisition of Eddyfi one month ahead of schedule.
- 7
ESAB updated its full-year 2026 outlook, raising its core adjusted EBITDA forecast to a range of $615 million to $625 million.
Management Comments
Shyam P. Kambeyanda
ESAB delivered a record second quarter, with a solid return to organic growth in both regions, underscoring the strength of our platform even in a challenging macro environment. These results reflect the strength of our teams and the value of our unrivaled workflow solution that addresses our customers' most complex issues. Despite a challenging environment in the Middle East, our performance exceeded expectations, with particular strength in North America and Asia and a resilient Europe. We expect to mitigate the transitory cost inflation related to logistics and commodity price increases over the next few quarters. We are also pleased to have closed our acquisition of Eddyfi one month ahead of schedule. This is a defining step in our strategy to extend our workflow solutions into compelling new adjacencies that shape ESAB into a higher-growth, higher-margin enterprise. Our performance this quarter reaffirms my full confidence in achieving our long-term financial targets as we continue to focus on organic growth, margin expansion, and deleveraging the business to create sustainable, long-term shareholder value.
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