GlobeNewswire·Nov 10, 2026, 9:00 AM ET

Alpha Pro Tech, Ltd. Announces Third Quarter 2026 Financial Results

Alpha Pro Tech reported third-quarter 2026 net sales of $16.6 million, a 12.3% increase from $14.8 million in the same period of 2025.
Third-quarter 2026 net income rose 97.2% to $1.9 million ($0.19 per diluted share) compared to $1.0 million ($0.09 per diluted share) in 2025.
Building Supply segment sales increased 1.7% to $9.4 million, driven by a 13.1% rise in housewrap sales offset by declines in synthetic roof underlayment and other woven materials.
Disposable Protective Apparel segment sales surged 30.2% to $7.2 million, attributed to improved distribution network performance and higher selling prices.
Gross profit increased 18.2% to $6.9 million with a margin of 41.8%, influenced by a $70,000 refund related to the rescission of IEEPA tariffs on Indian goods.
The company held $25.5 million in cash and $52.1 million in working capital as of September 30, 2026, with no debt.
Management anticipates a soft but stable building market for the remainder of 2026 and expects a modest increase in single-family housing starts in 2027.
The company has repurchased a total of 22.0 million shares at a cost of approximately $58.6 million through September 30, 2026, with $914,000 remaining under its stock repurchase program.
Nine-month 2026 net sales reached $49.9 million, while net income for the nine-month period totaled $4.5 million.