ESAB CorpESABEarnings & Financial Report
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Revenue
$678.1M
Gross Profit
$255.2M
Operating Profit
$109.8M
Net Profit
$67.4M
Gross Margin
37.6%
Operating Margin
16.2%
Net Margin
9.9%
YoY Growth
-4.1%
EPS
$1.10
ESAB Corp Q1 FY2025 Financial Summary
ESAB Corp reported revenue of $678.1M (down 4.1% YoY) for Q1 FY2025, with a net profit of $67.4M (down 18.7% YoY) (9.9% margin). Cost of goods sold was $422.9M, operating expenses totaled $145.4M.
Key Financial Metrics
| Total Revenue | $678.1M |
|---|---|
| Net Profit | $67.4M |
| Gross Margin | 37.6% |
| Operating Margin | 16.2% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
ESAB Corp Q1 FY2025 revenue of $678.1M breaks down across 2 segments, led by Consumable Products at $445.6M (65.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Consumable Products | $445.6M | 65.7% |
| Equipment Products | $232.5M | 34.3% |
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 | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Consumable Products | — | $477.9M | $483.6M | $445.6M |
| Equipment Products | — | $249.9M | $231.9M | $232.5M |
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 |
|---|---|---|---|---|
| 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 |