Earnings ·
ESAB Corporation reported record second quarter 2026 sales of $808 million, a 12.9% increase on a reported basis and…
ESABESAB Corp
ESAB Corporation reported record second quarter 2026 sales of $808 million, a 12.9% increase on a reported basis and 2.5% core organic growth compared to the prior year. Net income from continuing operations attributable to ESAB was $35 million ($0.54 diluted EPS), while core adjusted net income was $83 million ($1.33 diluted EPS). Core adjusted EBITDA rose 8.0% to $150 million with a margin of 19.5%. The company closed its acquisition of Eddyfi one month ahead of schedule and raised its full-year 2026 outlook, projecting core sales growth of 11.0% to 14.0% and core adjusted EBITDA of $615 million to $625 million. ESAB Corporation is a focused industrial compounder providing welding, cutting, and allied products and services.