SIFCO Industries (NYSEAM) Q3 2026 earnings summary

Executive summary

• Q3 FY2026 net sales rose 18.3% to $26.1 million from $22.1 million; continuing operations recorded a $40,000 loss, or $0.01 per diluted share, versus $3.3 million income a year earlier.

• Nine-month net sales increased 23.5% to $76.6 million from $62.0 million, with continuing-operations income of $4.4 million versus a $0.4 million loss.

Financial highlights

• Q3 gross profit was $3.4 million versus $5.9 million; excluding the prior-year $2.4 million ERC benefit, it decreased $0.1 million YoY. Nine-month gross profit rose to $14.3 million from $8.4 million, or $8.3 million excluding that benefit.

• Q3 operating profit was $286,000 versus $3.3 million; nine-month operating profit was $5.5 million versus $567,000.

• Q3 EBITDA was $1.3 million versus $5.3 million, while Adjusted EBITDA was $4.8 million versus $4.4 million; nine-month EBITDA was $8.6 million versus $4.9 million and Adjusted EBITDA was $13.5 million versus $4.0 million.

• Nine-month operating cash flow was $3.4 million, compared with $0.6 million used in the prior year; working-capital changes used $8.3 million, largely from higher inventory, receivables and contract assets.

• Q3 discontinued-operations income was $0.0 million versus $0.1 million in Q3 FY2025.

Outlook and guidance

• Strong customer demand and backlog provide visibility to future activity; focus is on converting demand into profitable growth and improving operational performance.

• Backlog was $164.2 million at June 30, 2026, versus $130.4 million a year earlier; orders may be modified or canceled with limited charges, and backlog may not indicate future sales.

• Remaining performance obligations totaled $164.2 million, with $99.2 million expected to be completed within 12 months.

• Remaining FY2026 capital expenditures are expected to be $0.5–$0.7 million, principally for production and product capability enhancements and operating cost reductions.

• Existing cash and available credit lines are expected to fund operations and planned capital expenditures for the next 12 months; operating cash flows are expected to support longer-term liquidity needs.