Earnings ·
UFP Technologies reports Q3 net income of $20.6M and sales of $172.4M
UFPTUfp Technologies Inc
UFP Technologies reported third-quarter results with net income rising 25.8% to $20.6 million, compared to $16.4 million in the prior-year period. Net sales increased 11.6% to $172.4 million from $154.6 million. GAAP diluted earnings per share were $2.64, while adjusted EPS reached $2.88. For the first nine months of 2026, net income grew 16.2% to $59.0 million on sales of $500.6 million. The company operates as a contract development and manufacturing organization specializing in medical devices, sterile packaging, and engineered custom products.