FST Corp.

FST Corp. reported a significant turnaround in its first quarter of 2026, achieving a net income of $1.88 million compared to a net loss of $2.80 million in the prior-year period. Revenue increased by 36.15% to $14.64 million, driven by a 70% surge in OEM business and a 64% rise in KBS Graphite Shafts sales. The company also improved its gross profit margin to 52% and achieved an operating income of $2.18 million.