---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-007130"
form_type: "8-K"
ticker: "UFPT"
cik: "0000914156"
company_name: "UFP TECHNOLOGIES INC"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:29:31.628037+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UFP Technologies reports record Q3: EPS $2.56 vs $0.50, sales up 91% to $97M

## Summary
- Net income $19.5M ($2.56 diluted EPS) vs $3.8M ($0.50) in Q3 2021; sales $97.0M, up 91.2% YoY.
- Medical market sales surged 152% to $81.6M; organic sales grew 21.7%, organic operating income up 36.6%.
- Results include $15.6M gain on sale of Molded Fiber Technology and $3.3M earnout charge for DAS acquisition.
- Gross margin improved to 26.3% from 23.7%; year-to-date net income $33.3M, up from $12.7M.

## SEC filing metadata
- accession: 0001171843-22-007130
- form_type: 8-K
- ticker: UFPT
- cik: 0000914156
- company_name: UFP TECHNOLOGIES INC
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/0001171843-22-007130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/f8k_110422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-007130
- JSON: https://secwatch.observer/filing/0001171843-22-007130.json
- Plain text: https://secwatch.observer/filing/0001171843-22-007130.txt

## Key facts
- Earnings Releases
  UFP TECHNOLOGIES INC reported nine-month period ended September 30, 2022 results: revenue $262.6 million, net income $33.3 million, EPS $4.37 per diluted common share outstanding.
  - Period: nine-month period ended September 30, 2022
  - Revenue: $262.6 million
  - Net income: $33.3 million
  - EPS: $4.37 per diluted common share outstanding
  - Result: reported results
  source text: Net income for the nine-month period ended September 30, 2022 was $33.3 million or $4.37 per diluted common share outstanding compared to $12.7 million or $1.67 per diluted common share outstanding for the same period in 2021. Sales for the nine-month period ended September 30, 2022 were $262.6 million compared to sales of $150.0 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/0001171843-22-007130-index.htm
- Earnings Releases
  UFP TECHNOLOGIES INC reported third quarter ended September 30, 2022 results: revenue $97.0 million, net income $19.5 million, EPS $2.56 per diluted common share outstanding.
  - Period: third quarter ended September 30, 2022
  - Revenue: $97.0 million
  - Net income: $19.5 million
  - EPS: $2.56 per diluted common share outstanding
  - Result: reported results
  source text: UFP Technologies, Inc. (Nasdaq: UFPT), an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market, today reported net income of $19.5 million or $2.56 per diluted common share outstanding for its third quarter ended September 30, 2022, compared to net income of $3.8 million or $0.50 per diluted common share outstanding for the same quarter in 2021. Sales for the third quarter were $97.0 million compared to 2021 third quarter sales of $50.7 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914156/000117184322007130/0001171843-22-007130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.