ESAB CorpESABEarnings & Financial Report
NYSE · Industrials · General Industrial Machinery & Equipment, NEC
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
ESAB Q1 FY2026 Key Financial Metrics
Revenue
$745.6M
Gross Profit
$275.1M
Operating Profit
$90.5M
Net Profit
$49.2M
Gross Margin
36.9%
Operating Margin
12.1%
Net Margin
6.6%
YoY Growth
9.9%
EPS
$0.78
ESAB Corp Q1 FY2026 Financial Summary
ESAB Corp reported revenue of $745.6M (up 9.9% YoY) for Q1 FY2026, with a net profit of $49.2M (down 29.3% YoY) (6.6% margin). Cost of goods sold was $470.5M, operating expenses totaled $184.6M.
Key Financial Metrics
| Total Revenue | $745.6M |
|---|---|
| Net Profit | $49.2M |
| Gross Margin | 36.9% |
| Operating Margin | 12.1% |
| Report Period | Q1 FY2026 |
ESAB Corp Annual Revenue by Year
ESAB Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.7B).
ESAB Corp Quarterly Revenue & Net Profit History
ESAB Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $745.6M | +9.9% | $49.2M | 6.6% |
| Q3 FY2025 | $727.8M | +8.5% | $54.8M | 7.5% |
| Q2 FY2025 | $715.6M | +6.3% | $66.9M | 9.3% |
| Q1 FY2025 | $678.1M | -4.1% | $67.4M | 9.9% |
| Q4 FY2024 | $670.8M | -2.7% | $53.7M | 8.0% |
| Q3 FY2024 | $673.3M | -1.1% | $68.2M | 10.1% |
| Q2 FY2024 | $707.1M | -1.9% | $82.9M | 11.7% |
| Q1 FY2024 | $689.7M | +0.8% | $60.0M | 8.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $689.7M | $707.1M | $673.3M | $670.8M | $678.1M | $715.6M | $727.8M | $745.6M |
| YoY Growth | 0.8% | -1.9% | -1.1% | -2.7% | -4.1% | 6.3% | 8.5% | 9.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.83B | $3.97B | $4.08B | $4.03B | $4.22B | $4.43B | $4.87B | $5.62B |
| Liabilities | $2.15B | $2.22B | $2.21B | $2.23B | $2.27B | $2.32B | $2.71B | $3.39B |
| Equity | $1.64B | $1.71B | $1.84B | $1.77B | $1.91B | $2.07B | $2.12B | $2.24B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $44.5M | $83.0M | $101.0M | $126.9M | $35.4M | $46.6M | $81.5M | $46.9M |