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Atmus Filtration Technologies Reports Second Quarter 2026 Results

ATMU
  • Atmus Filtration Technologies reported second quarter 2026 net sales of $528 million, a 16.4% increase from the prior year quarter.
  • Power Solutions segment net sales reached $486 million while Industrial Solutions segment net sales were $42 million.
  • GAAP net income for the quarter was $64 million, resulting in diluted earnings per share of $0.78.
  • Adjusted earnings per share for the quarter were $0.82, compared to $0.75 in the same period last year.
  • Adjusted EBITDA totaled $109 million with a margin of 20.7%, driven by Power Solutions at $101 million and Industrial Solutions at $8 million.
  • The company raised its full-year 2026 outlook, projecting total net sales between $1,975 million and $2,030 million.
  • Revised full-year 2026 guidance includes adjusted earnings per share expected between $2.85 and $3.00.
  • Cash provided by operating activities was $78 million, while adjusted free cash flow reached $67 million.
  • Atmus repurchased $13 million of common stock during the quarter, leaving $49 million remaining under its authorized $150 million program.
  • The company paid a quarterly cash dividend of $0.055 per share of common stock.
  • Sales growth was primarily attributed to the acquisition of Koch Filter Corporation, pricing increases, favorable currency impacts, and higher volumes.
  • Gross margin improved to 29.2% from 28.9% in the prior year period due to pricing, acquisition margin, volume, and lower separation costs.
  • Effective tax rate for the quarter was 22.8%, compared to 21.9% in the second quarter of 2025.
  • The company expects to host a conference call to discuss results on Friday, August 7, 2026, at 10:00 a.m. CT.