SIFCO Industries (NYSEAM) Q2 2026 earnings summary

Executive summary

• Q2 FY26 net sales rose to $26.4M from $19.0M; operating profit was $2.7M versus a $2.7M operating loss, reflecting volume, pricing, mix and overhead absorption gains.

• H1 FY26 net sales increased to $50.4M from $39.9M, with continuing-operations income of $4.4M versus a $3.7M loss.

Financial highlights

• Q2 net sales were $26.444M, gross profit $5.661M and operating profit $2.661M; net income was $2.651M versus a $1.392M net loss YoY.

• H1 net sales were $50.417M, gross profit $10.850M and operating profit $5.224M; net income was $4.441M versus a $3.708M net loss YoY.

• Diluted EPS was $0.43 in Q2 versus $(0.23) YoY, and $0.72 for H1 versus $(0.61).

• Q2 SG&A was $3.0M, up from $2.4M, including environmental reserve and related legal costs; H1 SG&A was $5.6M versus $5.2M.

Outlook and guidance

• Backlog was $157.7M at March 31, 2026, versus $129.2M a year earlier; orders may be modified or cancelled with limited charges, and backlog may not indicate future sales.

• Remaining performance obligations were $157.719M; $95.322M are expected to be completed within 12 months.

• FY26 remaining capital expenditures are expected at $1.0M–$1.4M, primarily for production capability, product offerings and cost reductions; $0.4M of capital commitments existed at March 31.

• Management expects cash and available credit lines to fund operations and planned capex for 12 months; pension contributions of $160K are anticipated for the remainder of FY26.