---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009494"
form_type: "8-K"
ticker: "MPX"
cik: "0001129155"
company_name: "MARINE PRODUCTS CORP"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:01:07.676625+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marine Products Q2 net sales down 3% to $67.7M; EPS $0.12, declares $0.14 dividend

## Summary
- Net sales $67.7M (-3% YoY); net income $4.2M (-25%); diluted EPS $0.12 vs $0.14.
- EBITDA $5.6M (-13%); EBITDA margin 8.3% (-100 bps); gross margin improved 20 bps to 19.1%.
- Cash $50.2M, no debt; generated $9.2M operating cash flow YTD; expects FY2025 capex ~$3M.
- Board declared $0.14/quarterly dividend payable Sept 10, 2025; record Aug 11.
- Field unit inventory 11% below prior year; management cites demand stabilization but caution on tariffs.

## SEC filing metadata
- accession: 0001558370-25-009494
- form_type: 8-K
- ticker: MPX
- cik: 0001129155
- company_name: MARINE PRODUCTS CORP
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1129155/000155837025009494/0001558370-25-009494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1129155/000155837025009494/mpx-20250724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009494
- JSON: https://secwatch.observer/filing/0001558370-25-009494.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009494.txt

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