Earnings ·
UFP Technologies reported record financial results for the second quarter ended June 30, 2026
UFPTUfp Technologies Inc
UFP Technologies reported record financial results for the second quarter ended June 30, 2026. Net sales increased 15.1% to $174.0 million from $151.2 million in the prior year period, while net income rose 21.4% to $20.9 million from $17.2 million. GAAP diluted earnings per share reached $2.68 compared to $2.21 in Q2 2025, and adjusted diluted EPS was $2.92 versus $2.50. Gross margin expanded to 29.3% from 28.8%, and operating income grew 15.5% to $28.1 million. For the first half of 2026, net sales totaled $328.2 million with net income of $38.3 million. The company operates in the medical device contract development and manufacturing industry.