NPK International Inc. — Third Quarter 2026 Earnings Summary

NPK International Inc. reported third-quarter 2026 revenues of $76.3 million, representing an 11% increase from the prior year period. The company achieved an operating margin of 12.0% and an adjusted EBITDA margin of 26.2%, with adjusted EBITDA reaching $20.0 million. Despite revenue growth, free cash flow for the quarter was negative $4.4 million due to significant capital expenditures of $11.4 million directed toward fleet expansion and manufacturing capacity. Management anticipates full-year 2026 revenues between $300 million and $305 million and adjusted EBITDA between $90 million and $93 million.