DMC Global Reports Third Quarter Financial Results
DMC Global reported Q3 2026 sales of $172.8 million, up 14% year-over-year and 10% sequentially, exceeding the high end of management's forecast. Net income attributable to DMC swung to $9.7 million, or $0.59 per diluted share, from a loss a year earlier; adjusted EBITDA attributable to DMC was $19.0 million including $5.4 million of tariff refunds, or $13.6 million (up 59%) excluding them. All three segments improved: Arcadia sales rose 25%, NobelClad sales rose 38% with a $72.4M backlog, and DynaEnergetics grew EBITDA despite a 3% sales decline. Net debt fell to $13.7 million, the lowest since the December 2021 Arcadia acquisition.
Key figures
- Eps
- 0.59
- Revenue
- 172825000
- Guidance
- Q4 sales $154M-$164M; adjusted EBITDA attributable to DMC $10M-$13M
- Revenue Yoy
- 14%
- Net debt
- 13700000
- Total debt
- 51700000
- Gross margin
- 26.9%
- Arcadia sales
- 76886000
- Tariff refunds
- 5425000
- Nobelclad sales
- 28815000
- Nobelclad backlog
- 72400000
- Dynaenergetics sales
- 67124000
- Nobelclad book to bill
- 1.19
- Net income attributable to dmc
- 9708000
- Adjusted ebitda ex tariff refunds
- 13589000
- Adjusted ebitda attributable to dmc
- 19014000
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