Snapshot
Enpro Inc. reported $303M of revenue in Q1 2026, up 10.9% year over year, with diluted EPS of $1.29 and an operating margin of 14.4%.
- Revenue
- $303M
- YoY growth
- +10.9%
- Diluted EPS
- $1.29
- Operating margin
- 14.4%
$303M
Revenue
+10.9%
YoY growth
$1.29
Diluted EPS
14.4%
Operating margin
01 Key takeaways
What management said
- •A friendly reminder that we will be making statements on this call, including our current perspectives for full year 2026 guidance that are not historical facts and that are considered forward-looking in nature.
- •After my update, I will turn the call over to Joe for a more detailed discussion of our results and drivers of our increased guidance for 2026.
- •Improving demand in semiconductor markets drove sales in the Advanced Surface Technologies segment up over 11%.
- •Additionally, the contributions from the two businesses that we acquired in the fourth quarter, AlpHa Measurement Solutions and Overlook Industries, drove Sealing Technologies sales up 10.8%.
- •Total company adjusted EBITDA increased nearly 13% to over $76 million at a margin over 25% for the first quarter.
- •We are pleased with these results, especially as we continue to invest in growth opportunities across the company at high margin return thresholds while accelerating investments in the development and growth of our colleagues.
- •In AST, positive trends across the segment's portfolio of products and solutions are translating into strong performance.
- •The slope of the demand curve has steepened with order patterns accelerating during the first quarter ahead of our expectations at the start of the year.
- •We expect these investments will position us well to capture opportunities from the acceleration of semiconductor capital equipment spending for the balance of the year and beyond.
- •We also believe that our vertical integration model is a key differentiator for Enpro in the next phase of the semiconductor industry growth.
- •In addition, hard work to qualify and earn processor of record designations solidifies our position in leading-edge precision cleaning solutions, a business that is currently strong and accelerating.
- •Commercial vehicle sales were down year-over-year below our expectations as demand remained slow, although we're cautiously optimistic that we are nearing the bottom in commercial vehicle markets.
SourcesCompany financials · earnings call
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