Luxfer (LXFR) Q3 2026 earnings summary

Executive summary

• Q3 2026 net sales were $91.7m, down 4.1% YoY; adjusted net sales were $89.3m, down 3.9% excluding Superform.

• Q3 operating income was $2.8m vs. $5.6m and net income was $0.9m vs. $2.7m; adjusted EBITDA was $12.2m, down 10.3%.

• Free cash flow was $12.4m vs. $10.3m; net debt was $37.8m at quarter-end.

Financial highlights

• Q3 GAAP gross profit was $22.4m vs. $22.8m; adjusted gross profit was $21.8m vs. $21.7m.

• Q3 adjusted diluted EPS was $0.25 vs. $0.30; adjusted net income was $7.0m vs. $8.1m.

• 9M net sales were $273.1m, down 9.2%; adjusted net sales were $266.7m, down 4.9% YoY.

• 9M operating income was $16.5m vs. $18.4m; net income was $9.3m vs. $10.8m and diluted EPS was $0.34 vs. $0.40.

• 9M adjusted net income was $22.0m vs. $22.5m; adjusted EBITDA was $37.9m vs. $38.9m and adjusted diluted EPS was $0.81 vs. $0.83.

Outlook and guidance

• 2026 priorities include footprint optimization, manufacturing excellence, navigating volatility and tariffs, selective investment, and cash generation and working-capital discipline.

• Liquidity was considered sufficient near term; long-term operating cash generation was expected to cover working capital, capital expenditure and interest needs.

• The pending all-cash acquisition was expected to close later in November 2026, subject to shareholder approval and customary closing conditions.