Earnings Releases·Nov 10, 2026, 6:20 AM ET

Ampco-Pittsburgh — Third Quarter 2026 Earnings Summary

Net sales rose 3% year-over-year to $111.7 million, while net income turned positive at $0.5 million ($0.02/share) compared to a $2.2 million loss in the prior year, excluding $3.1 million in U.K. exit costs.
Adjusted EBITDA increased 2% to $9.4 million (8.4% margin), and free cash flow surged $15.1 million to $19.7 million driven by lower capital expenditures.
The company reduced net debt by $19.5 million to $111.0 million, maintaining $31.5 million in total liquidity and $9.3 million in cash equivalents.
Backlog grew $50.6 million to $379.5 million, with the Air and Liquid Processing segment up 17% and the Forged and Cast segment up approximately 10% excluding prior-year U.K. sales.
Management maintains a favorable outlook through 2027, citing improving demand, onshoring trends, and the extension of some 2026 activity into 2027 due to customer shipment timing.