AirBoss of America (BOS) Q1 2026 earnings summary

Executive summary

• Q1 2026 net sales increased 0.6% year-over-year to $105.8 million, driven by strong defense and molded rubber product sales, partially offset by lower Rubber Solutions volumes.

• Adjusted EBITDA rose 13.6% to $9.1 million, reflecting operational improvements and cost management.

• Profit improved to $2.1 million in Q1 2026, compared to a loss in Q1 2025, due to lower operating expenses and finance costs.

• Focus remained on operational execution, cost control, and advancing long-term strategic priorities amid economic and geopolitical uncertainty.

Financial highlights

• Q1 2026 net sales: $105.8 million, up from $105.1 million in Q1 2025.

• Adjusted EBITDA: $9.1 million, up from $8.0 million in Q1 2025.

• Gross profit: $19.2 million (18.1% margin), up from $18.5 million (17.6% margin) year-over-year.

• Profit: $2.1 million in Q1 2026, compared to a loss of $0.4 million in Q1 2025.

• Free cash flow: $(0.2) million, down from $4.4 million in Q1 2025.

Outlook and guidance

• Management expects continued volume volatility in Rubber Solutions through 2026, with recovery dependent on market and geopolitical conditions.

• Focus on expanding custom rubber compounding, specialty elastomers, and operational discipline for sustainable long-term growth.

• Continued pursuit of organic and inorganic growth, leveraging scale for raw material buying power.

• Expanding non-automotive sectors, especially defense and off-highway OEMs.