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Caesarstone Reports Fourth Quarter and Full Year 2025 Financial Results

  • Caesarstone reported fourth quarter revenue of $94.4 million & full year revenue of $397.2 million for the period ended December 31, 2025.
  • The company expects to achieve positive adjusted EBITDA in the third quarter of 2026 following the implementation of strategic measures.
  • Total annualized savings from restructuring efforts are expected to reach approximately $100 million since 2023.
  • The Bar-Lev manufacturing facility in Israel closed in December 2025, resulting in a $45.7 million non-cash impairment charge & $3.1 million in restructuring expenses.
  • Production transitioned to a global network of third-party partners to improve flexibility & efficiency.
  • Fourth quarter operating loss was $82.3 million, while the full year operating loss was $125.7 million, largely driven by the Bar-Lev facility closure costs.
  • Adjusted EBITDA for the fourth quarter was a loss of $11.1 million, compared to a loss of $8.0 million in the prior year quarter.
  • Full year net loss attributable to controlling interest was $137.5 million, with adjusted diluted net loss per share of $1.50.
  • Net cash position decreased to $57.5 million as of December 31, 2025, from $101.4 million the prior year.
  • Approximately 47% of revenues were generated in the U.S., where the company is monitoring tariffs & a potential petition for import quotas.
  • Legal provisions for silicosis claims totaling $47.2 million were recorded, covering 618 claims across Israel, Australia, & the U.S.
  • The company continues to monetize the closed Richmond Hill, GA facility & aims to sublease the non-cancellable Bar-Lev lease agreement.
  • Fourth quarter revenue declined 5.0% on a constant currency basis, impacted by global demand softness, though Australian sales grew following the launch of zero crystalline silica products.