| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.6K | 5.3% | 6.8% |
| Total Income | 1.6K | 5.3% | 6.8% |
| Expenditure | 1.5K | 4.2% | 8.3% |
| PBT | 103.93 | 23.5% | 12.5% |
| Net Profit | 75.76 | 20.2% | 14.8% |
| OPM | — | ||
| NPM | 4.61% | 0.57pp | 1.17pp |
| EPS | 0.72 | 20.0% | 13.3% |
Silgan Holdings Inc. Reports Second Quarter 2026 Results
30 Jul 2026 · 30 Jul, 2:04 am
Summary
Silgan Holdings Inc. reported second quarter 2026 net sales of $1.64 billion, a 7% increase year-over-year, driven by contractual pass-through of higher raw material costs. Net income decreased to $75.8 million ($0.72 per diluted share) from $89.0 million ($0.83 per diluted share) in the prior year, though adjusted net income per diluted share was $0.98. Management highlighted strong operational execution and strategic growth initiatives, noting positive momentum across its Dispensing and Specialty Closures, Metal Containers, and Custom Containers segments. The company reaffirmed its full-year 2026 adjusted net income per diluted share guidance of $3.73 to $3.93.
Key Highlights
- 1
Silgan Holdings Inc. reported second quarter 2026 net sales of $1.64 billion, an increase of 7% compared to the prior year.
- 2
Net income for the second quarter of 2026 was $75.8 million, or $0.72 per diluted share, compared to $89.0 million, or $0.83 per diluted share, in the second quarter of 2025.
- 3
Adjusted net income per diluted share for the second quarter of 2026 was $0.98.
- 4
The Dispensing and Specialty Closures segment achieved high single digit volume growth in products for fragrance markets.
- 5
The Metal Containers business delivered strong volume growth in products for pet food markets and executed a new long-term supply agreement with a vegetable pack customer.
- 6
Custom Containers delivered another quarter of profit growth and continues to win new long-term business awards.
- 7
The Company confirmed its estimate of adjusted net income per diluted share for the full year of 2026 in the range of $3.73 to $3.93.
Management Comments
Adam Greenlee
Silgan reported another quarter of strong financial results in the second quarter that were above the midpoint of our expected range and highlighted our focused operational execution, as we continue to deliver on our plan for 2026. Our teams remain focused on our near and long term strategic growth initiatives that position the Company to deliver organic growth well into the future. Our unique customer-centric model and market-leading innovation continue to be rewarded in the markets we serve with incremental new business opportunities that drive above-market volume growth and an improving mix of higher margin products. The Silgan team continued to drive success in the second quarter, and our momentum into the second half of 2026 remains strong despite experiencing dynamic and evolving operating conditions against a backdrop of geopolitical and macroeconomic uncertainty. Our market leading Dispensing and Specialty Closures franchise continued to execute at a very high level in the second quarter, with high single digit growth in products for fragrance markets and additional contractual new business awards during the quarter. The market continues to validate our competitive advantage in this high-value segment of the packaging market, as our market leading product portfolio, new product innovation, and focused customer partnership model continue to separate us from our competition. Our Metal Containers business delivered another quarter of strong volume growth in products for pet food markets and successfully executed a new long-term supply agreement with a large customer in the vegetable market. In Custom Containers, our teams delivered another quarter of profit growth and continue to win new long-term business awards in the marketplace. We are pleased to have delivered a strong first half in 2026 and remain focused on executing our plan for the remainder of the year. The success of our long-term strategic initiatives, the strength of our teams, the power of our portfolio, and the value of our disciplined capital deployment model continue to create meaningful opportunity for shareholder value creation in 2026 and beyond.
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