Hammond Manufacturing Company (HMMA) Q3 2026 earnings summary

Executive summary

• Record Q3 2026 revenue and earnings, supported by North American market strength, lower US tariff-related costs vs. 2025, and a one-time US IEEPA tariff refund.

• Proactive measures to protect and strengthen US business are intended to support competitiveness amid changing trade conditions.

Financial highlights

• Q3 2026 net sales were $86.473M vs. $70.787M in Q3 2025; 9M net sales were $246.696M vs. $209.278M.

• Q3 2026 operating income was $11.914M vs. $5.733M; 9M operating income was $30.239M vs. $18.987M.

• Q3 2026 net income was $8.252M vs. $3.858M; 9M net income was $20.923M vs. $12.488M.

• Q3 2026 Adjusted EBITDA was $14.934M vs. $9.075M; 9M Adjusted EBITDA was $39.177M vs. $27.059M.

Outlook and guidance

• Palmerston expansion is expected to be operational in H2 2027; Fergus facility is expected in H2 2028, with Guelph upgrades expected to finish by H2 2029.

• When fully utilized, the Palmerston, Fergus, and Guelph investments are expected to add at least $200M per year of revenue-generating capacity.