Earnings ·
Ampco-Pittsburgh reports Q3 net income of $0.5 million on $111.7M in sales
APAmpco Pittsburgh Corp
Ampco-Pittsburgh Corporation reported third-quarter 2026 net income attributable to the company of $0.5 million, or $0.02 per share, compared to a net loss of $2.2 million in the prior-year period. Net sales increased 3% to $111.7 million from $108.0 million, driven by a 17% rise in the Air and Liquid Processing segment which offset lower sales in Forged and Cast Engineered Products. Adjusted EBITDA grew 2% to $9.4 million, while net debt decreased by $19.5 million to $111.0 million as the company utilized strong operating cash flow of $21.8 million to pay down obligations. Backlog increased $50.6 million in 2026 to $379.5 million, reflecting stronger customer order activity and improving demand conditions across its end markets. Ampco-Pittsburgh Corporation manufactures and sells highly engineered specialty metal products and customized equipment for the global steel, aluminum, oil and gas, and power generation industries.