Earnings ·
Elmet reports Q3 revenue up 56% to $79.6M, adjusted EPS of $0.35
ELMTElmet Group Co.
The Elmet Group Co. reported third-quarter fiscal 2026 results with revenue increasing 55.6% to approximately $79.6 million from $51.1 million in the prior-year period. Adjusted EBITDA rose 129.4% to $17.0 million, and adjusted net income reached $11.4 million, or $0.35 per diluted share, compared to $0.23 per share a year earlier. The company also highlighted a landmark $450 million investment from the Department of War to secure its tungsten supply chain and reported an open order backlog reaching a record $347.4 million. Elmet Group Co. is a U.S.-based provider of critical materials, precision-engineered components, and advanced high-power systems for aerospace, defense, and industrial markets.