earnings
confidence high
sentiment positive
materiality 0.75
ESAB Q1 record sales $746M (+10%), core adj. EPS $1.31 (+5%), reiterates FY2026 outlook
ESAB Corp
2026-Q1 EPS
reported $0.78
vs consensus $1.37
▼ miss
(-43.0%)
- Record Q1 sales $746M (+10% reported, -1% core organic); net income $50M ($0.82 GAAP EPS).
- Core adjusted EPS $1.31 (+5% YoY); core adj. EBITDA $136M (+6%), margin 19.0% (down 80bps).
- EWM and Aktiv acquisitions growing double-digits; Eddyfi acquisition expected to close mid-2026.
- Reiterated FY2026 outlook: core organic sales +2-4%, adj. EBITDA $575-595M, adj. EPS $5.70-5.90.
- Welcomed Brent Jones as new CFO; integration of EWM progressing ahead of schedule.