secwatch.observer — SEC 8-K summary
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Issuer:     DMC Global Inc. (BOOM)
CIK:        0000034067
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0000034067-26-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMC Global Q4 net loss $11.2M; net debt cut to $18.7M; Q1 revenue guidance $132-138M
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- Net loss attributable to DMC $11.2M in Q4, including ~$7M write-offs at DynaEnergetics; adj. EBITDA negative $(1.6)M.
- Total debt reduced 28% to $52M; net debt cut 67% to $18.7M, lowest since 2021 Arcadia acquisition.
- DynaEnergetics Q4 sales $68.9M (+8% YoY) but adj. EBITDA negative $(2.7)M from tariffs and write-offs.
- NobelClad backlog $62.6M (+28% YoY) but Q4 sales fell 38% to $17.7M; adjusted EBITDA down 64%.
- Q1 2026 guidance: revenue $132-138M, adj. EBITDA $2-4M; persistent headwinds from tariffs, high rates, price competition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34067/000003406726000008/0000034067-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34067/000003406726000008/boom-20260223.htm
  HTML page:      https://secwatch.observer/filing/0000034067-26-000008

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