earnings
confidence high
sentiment positive
materiality 0.70
Ampco-Pittsburgh Q2 net income $1.5M vs prior-year loss; orders up 50% to $144M
AMPCO PITTSBURGH CORP
2026-Q2 EPS reported
$0.03
revenue$211,245,000
- Net sales $102.9M (down from $113.1M YoY), but net income improved to $1.5M ($0.07/sh) from net loss $7.3M.
- Adjusted EBITDA up 22% to $9.8M; margin 9.5%, up 240bps YoY.
- Q2 orders ~$144M, up 50% YoY; backlog $385.4M, up $39.9M sequentially.
- Air & Liquid adj op income up 34.2% to $5.3M; Forged & Cast adj op income up 15.1% to $7.8M despite sales down 13.6%.
- Net debt $130.5M; cash $7.0M; liquidity $29.0M; free cash flow $(5.5)M.