Earnings Releases·Nov 4, 2026, 6:31 AM ET

ESAB Corporation — Third Quarter 2026 Earnings Summary

Reported record Q3 sales of $825 million (up 13.3% YoY reported, 2.3% core organic), while net income from continuing operations declined to $41 million ($0.61 EPS) from $54.8 million ($1.05 EPS) in the prior year quarter.
Core adjusted EBITDA rose 17.0% YoY to $156 million with a 19.8% margin, though adjusted free cash flow fell to $60.0 million for the quarter and $140.9 million for the nine-month period compared to prior year levels.
Updated full-year 2026 guidance to reflect a 13.1%–13.3% total core sales growth range and a narrowed 1.6%–2.0% core organic growth range, while lowering core adjusted EBITDA to $603–$607 million and core adjusted EPS to $5.28–$5.33.
Strategic portfolio expansion via EWM and Eddyfi acquisitions increased total debt to $2,329.1 million and goodwill to $2,738.1 million, alongside the issuance of $175.0 million in Series A Mandatory Convertible Preferred Stock.