Business
Enpro Reports Second Quarter 2026 Results; Raises Full-Year Guidance
Enpro Reports Second Quarter 2026 Results; Raises Full-Year
About this update from Enpro Inc.
Enpro Inc. (NYSE: NPO) today announced its financial results for the second quarter ended June 30, 2026. “Enpro delivered a strong second quarter with sales increasing 17.6% year-over-year, driven by accelerating semiconductor industry demand, solid organic performance in Sealing Technologies, and contributions from recent acquisitions," said Eric Vaillancourt, President and Chief Executive Officer. "Demand for our products and solutions supporting leading-edge chip production remains healthy, and we expect AST sales growth to accelerate in the second half of 2026 as a result. We also expect organic growth in Sealing Technologies to strengthen in the second half, while maintaining strong profit levels. Reflecting our robust performance and positive momentum in key growth areas of the portfolio, we are raising our full-year 2026 guidance." "As we advance our Enpro 3.0 strategy, we continue to invest across the organization to support customer demand trends and drive long-term growth and value creation. At the same time, we continue to selectively pursue strategic acquisitions with our strong balance sheet," Mr. Vaillancourt continued. Financial Highlights (Dollars in millions except per share data) Quarters Ended June 30, Six Months Ended June 30, 2026 2025 Change 2026 2025 Change Net sales $ 338.8 $ 288.1 17.6 % $ 641.8 $ 561.3 14.3 % Net income $ 27.1 $ 26.4 2.7 % $ 54.5 $ 50.9 7.1 % Diluted earnings per share $ 1.27 $ 1.25 1.6 % $ 2.55 $ 2.40 6.3 % Adjusted net income* $ 53.5 $ 43.1 24.1 % $ 99.1 $ 83.4 18.8 % Adjusted diluted earnings per share* $ 2.50 $ 2.03 23.2 % $ 4.64 $ 3.93 18.1 % Adjusted EBITDA* $ 86.9 $ 71.1 22.2 % $ 163.3 $ 138.9 17.6 % Operating margin 17.0 % 15.9 % 110 bps 15.8 % 15.6 % 20 bps Adjusted EBITDA margin* 25.6 % 24.7 % 90 bps 25.4 % 24.7 % 70 bps *Non-GAAP measure. See the attached tables for adjustments and reconciliations of historical non-GAAP measures to comparable GAAP measures. Because of the forward-looking nature of non-GAAP guidance measures, reconciliations of s...