DMC Global (BOOM) Q2 2026 earnings summary

Executive summary

• Consolidated Q2 sales reached $157 million, up 1% year-over-year and 16% sequentially, at the high end of guidance, with adjusted EBITDA of $10.7 million, down 21% year-over-year but up 174% sequentially.

• Net income attributable to stockholders was $0.5 million ($0.04 per diluted share), a significant improvement from the prior quarter's loss.

• Arcadia delivered its strongest sales and EBITDA in over a year, offsetting commercial construction headwinds.

• DynaEnergetics sales were flat year-over-year but up 13% sequentially; NobelClad sales declined 17% year-over-year but rose 15% sequentially.

• Management remains focused on execution, cost control, and capitalizing on eventual market recovery.

Financial highlights

• Arcadia's Q2 sales grew 9% year-over-year and 19% sequentially; adjusted EBITDA margin rose to 13.6% from 10.9% last year and 6.9% in Q1.

• DynaEnergetics' adjusted EBITDA margin was 8.4%, down from 13.4% last year but up from 4.6% in Q1, aided by a $1.5 million tariff refund.

• NobelClad's adjusted EBITDA margin was 13.7%, down from 16.5% last year, up from 9.8% in Q1.

• SG&A expense was $24.5 million (15.6% of sales), down from 16.8% last year and 18.1% in Q1.

• Adjusted net income attributable to stockholders was $0.7 million, or $0.04 per diluted share.

Outlook and guidance

• Q3 sales expected between $158 million and $168 million; adjusted EBITDA guidance is $10 million to $13 million.

• Guidance assumes steady Arcadia performance, increased well completions at DynaEnergetics, and higher NobelClad shipments.

• Guidance excludes potential supply chain disruptions from Middle East hostilities, aluminum volatility, or further market weakness.

• Macroeconomic and geopolitical factors, including interest rates and energy prices, remain key variables for future results.