AirBoss of America (BOS) Q2 2026 earnings summary

Executive summary

• Achieved a three-year high in quarterly revenue and a $2.6 million year-over-year increase in gross profit for Q2 2026, despite economic uncertainty from tariffs, inflation, and geopolitical factors.

• Net sales increased 9.4% year-over-year to $107.9 million, driven by higher sales in defense and rubber molded products, and increased sales at Rubber Solutions.

• Profit and diluted EPS improved due to higher gross profits, lower G&A, and reduced finance costs, with basic adjusted profit per share at $0.09 in Q2 2026.

• Focused on servicing existing customers, developing new markets, and building flexible supply chains, with aggressive efficiency improvements and plant consolidation supporting profitability.

• Returned to normalized growth post-pandemic, with strategic focus on innovation, efficiency, sector diversification, and board changes including the appointment of Ryan Voegeli.

Financial highlights

• Consolidated net sales for Q2 2026 were $107.9 million, up 9.4% year-over-year; gross profit increased by $2.6 million to $18.8 million, with gross margin rising to 17.4% from 16.4%.

• Adjusted EBITDA for Q2 2026 was $8.4 million, down $719,000 year-over-year due to a prior-year $3.7 million legal settlement.

• Profit for Q2 2026 was $2.5 million, with EPS (FD) of $0.09, compared to a loss in Q2 2025.

• Net cash from operating activities was $1.8 million, down from $12.9 million in Q2 2025; free cash flow was negative at $(2.2) million.

• Capital expenditures rose to $4 million in Q2 2026, focused on growth and upgrades.

Outlook and guidance

• Expect continued volume and margin volatility at Rubber Solutions through most of 2026, with recovery dependent on market and geopolitical conditions.

• Optimism for continued growth in Rubber Solutions and defense, but caution due to potential economic or geopolitical disruptions.

• Margin improvements anticipated from specialty products and increased capacity utilization.

• Focus on disciplined cost management, operational execution, and strategic investment to support long-term growth.

• Strategic acquisitions and innovation to drive future growth, with expansion into custom rubber compounding and specialty elastomers.