Recent Updates — FSTWF

FST Corp. reported third-quarter 2026 revenue of $12.8 million, a 2.0% increase from the prior-year period, driven by growth in OEM business and KBS Graphite sales. Net income turned positive at $291,001 compared to a net loss of $715,955 in Q3 2025, aided by a non-recurring $0.77 million IEEPA tariff refund and improved operating margins. For the nine months ended September 30, 2026, revenue reached $40.0 million with net income of $1.12 million. The company also repurchased approximately $70,000 in shares under its authorized program. FST Corp. manufactures and markets steel and graphite golf shafts and related services globally.

On July 25, 2026, FST Corp.'s Board of Directors approved the adoption of a restricted stock award program under its 2025 Equity Incentive Plan. The company reserved 1,340,000 ordinary shares, representing approximately 3% of issued and outstanding shares, for this program. Awards vest over three years based on continued service. No awards have been granted yet. FST Corp. operates in the semiconductor manufacturing industry.

FST Corp. reported unaudited financial results for the second quarter ended June 30, 2026. Revenue increased 9.7% year-over-year to $12.55 million, driven by aftermarket sales in steel and graphite lines. The company posted a net loss of $1.05 million, or $0.02 per share, compared to a net loss of $3.03 million in the prior-year period. Operating income improved to $0.26 million from a loss of $0.69 million. For the first six months of 2026, the company reported net income of $831,189. The Board authorized a stock repurchase program of up to $3.0 million. FST Corp. operates in the golf equipment industry, manufacturing and marketing steel and graphite golf shafts.