Earnings ·
HMH Holding reports Q3 revenue of $171.1M and net income of $5.0M
HMHHMH Holding Inc
HMH Holding Inc. reported third-quarter 2026 revenue of $171.1 million, a 21% decline year-over-year driven by lower product volume and Middle East conflict delays, though it remained flat sequentially. Net income attributable to the company was $5.0 million, compared to $16.2 million in the prior-year quarter. Orders totaled $191 million, up 12% year-over-year but down 7% from the previous quarter, resulting in a book-to-bill ratio of 1.12x. Adjusted EBITDA was $38.2 million, with an improved margin of 22.3%. The company also completed its acquisition of Deepwater Riser Services for $14.5 million and ended the quarter with $90.1 million in cash. HMH Holding Inc. is a leading provider of highly engineered, mission-critical equipment solutions, providing customers with a comprehensive portfolio of drilling equipment, services and systems utilized in oil and gas drilling operations.