Ampco-Pittsburgh Reports Q2 2026 Earnings with Improved Financial Performance
Ampco-Pittsburgh (AP) reported a net income of $1.5 million, or $0.07 per share for the second quarter of 2026, compared to a net loss in the same period last year. Adjusted EBITDA rose by 22% to $9.8 million with an expanded margin of 9.5%. Revenue reached $102.9 million as demand across both business segments increased significantly. Customer orders surged approximately 50% compared to the prior year, reaching around $144 million, while backlog grew by nearly $39.9 million in Q2 alone. The Air & Liquid segment delivered record results with a 34% increase in adjusted EBITDA for the quarter and a 43% rise on a year-to-date basis. The CEO highlighted strategic actions such as closing the U.K. facility under Forged and Cast Engineered Products, which are now positively impacting profitability.
Topics: Conference Call Earnings