ESAB CorpESABEarnings & Financial Report
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Revenue
$707.1M
Gross Profit
$270.3M
Operating Profit
$119.4M
Net Profit
$82.9M
Gross Margin
38.2%
Operating Margin
16.9%
Net Margin
11.7%
YoY Growth
-1.9%
EPS
$1.35
Financial Flow
ESAB Corp Q2 2024 Financial Summary
ESAB Corp reported revenue of $707.1M (down 1.9% YoY) for Q2 2024, with a net profit of $82.9M (up 26.4% YoY) (11.7% margin). Cost of goods sold was $436.7M, operating expenses totaled $151.0M.
Key Financial Metrics
| Total Revenue | $707.1M |
|---|---|
| Net Profit | $82.9M |
| Gross Margin | 38.2% |
| Operating Margin | 16.9% |
| Report Period | Q2 2024 |
Revenue Breakdown
ESAB Corp Q2 2024 revenue of $707.1M breaks down across 2 segments, led by Consumable Products at $475.4M (67.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Consumable Products | $475.4M | 67.2% |
| Equipment Products | $231.7M | 32.8% |
ESAB Corp Revenue by Segment — Quarterly Trend
ESAB Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Consumable Products and Equipment Products) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q4 2024 |
|---|---|---|---|---|
| Consumable Products | $477.9M | $483.6M | $445.6M | — |
| Equipment Products | $249.9M | $231.9M | $232.5M | $1.2B |
ESAB Corp Annual Revenue by Year
ESAB Corp annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.7B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.7B |
| 2023 | $2.8B |
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 |
|---|---|---|---|---|
| Q4 2025 | $727.8M | +8.5% | $54.8M | 7.5% |
| Q3 2025 | $715.6M | +6.3% | $66.9M | 9.3% |
| Q2 2025 | $678.1M | -4.1% | $67.4M | 9.9% |
| Q4 2024 | $670.8M | -2.7% | $53.7M | 8.0% |
| Q3 2024 | $673.3M | -1.1% | $68.2M | 10.1% |
| Q2 2024 | $707.1M | -1.9% | $82.9M | 11.7% |
| Q1 2024 | $689.7M | +0.8% | $60.0M | 8.7% |
| Q4 2023 | $689.3M | — | $50.2M | 7.3% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $689.3M | $689.7M | $707.1M | $673.3M | $670.8M | $678.1M | $715.6M | $727.8M |
| YoY Growth | N/A | 0.8% | -1.9% | -1.1% | -2.7% | -4.1% | 6.3% | 8.5% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.83B | $3.83B | $3.97B | $4.08B | $4.03B | $4.22B | $4.43B | $4.87B |
| Liabilities | $2.18B | $2.15B | $2.22B | $2.21B | $2.23B | $2.27B | $2.32B | $2.71B |
| Equity | $1.61B | $1.64B | $1.71B | $1.84B | $1.77B | $1.91B | $2.07B | $2.12B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $122.4M | $44.5M | $83.0M | $101.0M | $126.9M | $35.4M | $46.6M | $81.5M |