Alpha Pro Tech, Ltd. Announces Third Quarter 2026 Financial Results
Alpha Pro Tech posted Q3 2026 net sales of $16.6 million, up 12.3% year-over-year, with net income nearly doubling to $1.9 million and diluted EPS of $0.19 versus $0.09 a year ago. The growth was driven by a 30.2% jump in Disposable Protective Apparel sales to $7.2 million on higher prices and distributor demand, while Building Supply grew a modest 1.7% to $9.4 million despite a weak housing market, aided by 13.1% housewrap growth. Gross margin expanded to 41.8% from 39.7%, partly helped by the rescission of 50% IEEPA tariffs on Indian goods, though a new 10% Section 122 tariff still applies.
Key figures
- Eps
- 0.19
- Revenue
- 16604000
- Revenue Yoy
- 12.3%
- Cash
- 25546000
- Net income
- 1925000
- Gross margin
- 41.8%
- Gross profit
- 6937000
- Current ratio
- 9:1
- Net income yoy
- 97.2%
- Working capital
- 52100000
- Operating income
- 1970000
- Nine month net sales
- 49863000
- Building supply sales
- 9400000
- Nine month net income
- 4453000
- Prior year net income
- 976000
- Housewrap sales growth
- 13.1%
- Prior year gross margin
- 39.7%
- Disposable segment growth
- 30.2%
- Roof underlayment sales change
- -6.3%
- Disposable protective apparel sales
- 7200000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.