ALPHA PRO TECH LTD (APT) Form 8-K — Nov 10, 2026
Alpha Pro Tech (NYSE American: APT) reported Q3 2026 net sales of $16.6 million, up 12.3% year over year, with net income nearly doubling to $1.9 million ($0.19 diluted EPS vs $0.09). The Disposable Protective Apparel segment drove the upside with 30.2% sales growth on pricing gains and stronger distributor demand, while Building Supply grew 1.7% despite weak housing starts. Gross margin expanded to 41.8% from 39.7%, aided by the rescission of IEEPA tariffs on India (though a new 10% Section 122 tariff applies), and the balance sheet is clean with $25.5 million cash, no debt, and a 9:1 current ratio.
Key figures
- Eps
- 0.19
- Revenue
- 16604000
- Net Income
- 1925000
- Total Debt
- 0
- Revenue Yoy
- 12.3%
- Total Assets
- 79740000
- Cash Position
- 25546000
- Shares Outstanding
- 10177759
- Current ratio
- 9:1
- Working capital
- 52.1 million
- Gross margin q3 2025
- 39.7%
- Gross margin q3 2026
- 41.8%
- Nine month net sales
- 49863000
- Building supply sales
- 9.4 million (+1.7%)
- Nine month net income
- 4453000
- Housewrap sales growth
- 13.1%
- Nine month diluted eps
- 0.43
- Buyback capacity remaining
- 914000
- Q3 disposable apparel growth
- 30.2%
- Disposable protective apparel sales
- 7.2 million (+30.2%)
- Ieepa tariff refund net income impact
- 124000
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.