--- title: "Myers Industries | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 179.2 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294351795.md" datetime: "2026-07-30T11:07:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294351795.md) - [en](https://longbridge.com/en/news/294351795.md) - [zh-HK](https://longbridge.com/zh-HK/news/294351795.md) generator: "portal-rs" --- # Myers Industries | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 179.2 M Revenue: As of FY2026 Q2, the actual value is USD 179.2 M, beating the estimate of USD 166 M. EPS: As of FY2026 Q2, the actual value is USD 0.53, beating the estimate of USD 0.36. EBIT: As of FY2026 Q2, the actual value is USD 31.17 M. ### Second Quarter 2026 Financial Performance Myers Industries, Inc. reported net sales of $179,202 thousand for the second quarter of 2026, marking a 9.8% increase from $163,232 thousand in the second quarter of 2025, or a 13% increase excluding the impact from exiting approximately $5 million in low-margin products. Gross profit rose by 20.4% to $61,463 thousand from $51,053 thousand in the prior year quarter, with gross margin expanding by 300 basis points to 34.3% from 31.3%. Operating income increased by 57.1% to $31,172 thousand from $19,839 thousand, and the operating income margin expanded by 520 basis points to 17.4% from 12.2%. Adjusted operating income grew by 46.0% to $29,993 thousand, resulting in an adjusted operating income margin expansion of 410 basis points to 16.7%. Adjusted EBITDA increased by 30.6% to $39,057 thousand, with the adjusted EBITDA margin expanding by 350 basis points to 21.8%. Net income for the quarter was $20,032 thousand, up from $9,705 thousand in the second quarter of 2025. Income from continuing operations increased by 95.0% to $18,749 thousand from $9,617 thousand. Cost of sales was $117,739 thousand, while selling, general and administrative expenses decreased to $26,557 thousand. Depreciation and amortization was $3,658 thousand, and net interest expense was $6,267 thousand. Income tax expense for the quarter was $6,156 thousand. ### Six Months Ended June 30, 2026 Financial Performance For the six months ended June 30, 2026, net sales were $343,782 thousand, compared to $324,899 thousand for the same period in 2025. Net income for the six months was $18,204 thousand, up from $16,510 thousand in the prior year period. Income from discontinued operations, net of income tax, was - $14,344 thousand for the six months ended June 30, 2026, compared to - $295 thousand for the same period in 2025. ### Revenue by End Market (Quarter Ended June 30, 2026) - **Industrial**: $66,295 thousand, a 2% increase year-over-year. - **Infrastructure**: $48,589 thousand, a 52% increase year-over-year. - **Consumer**: $22,504 thousand, a -14% decrease year-over-year. - **Food & Beverage**: $21,309 thousand, a 48% increase year-over-year. - **Vehicle**: $20,505 thousand, a -19% decrease year-over-year. ### Balance Sheet & Cash Flow Highlights Total liquidity stood at $292.3 million, comprising $244.7 million in revolving credit facility availability and $47.6 million in cash on hand. Cash flow from operations for the second quarter of 2026 was $32.1 million. Free cash flow was $26.5 million for the second quarter of 2026, representing a 10.5% increase compared to the first quarter. Capital expenditures for the second quarter were $5.6 million. Net debt, as defined by the credit agreement, was reduced by $21.2 million, and the net leverage ratio improved to 1.9x from 2.2x in the previous quarter. Long-term debt was $272,402 thousand as of June 30, 2026, down from $311,210 thousand as of December 31, 2025. Net cash provided by operating activities was $33,541 thousand for the second quarter of 2026, up from $28,311 thousand in Q2 2025. For the six months, it was $59,745 thousand, an increase from $38,442 thousand in the prior year period. Net cash provided by investing activities was - $4,542 thousand for the second quarter of 2026, compared to - $3,522 thousand in Q2 2025; for the six months, it was - $7,114 thousand, compared to - $11,529 thousand in the prior year period. Net cash provided by financing activities was - $25,087 thousand for the second quarter of 2026, compared to - $18,507 thousand in Q2 2025; for the six months, it was - $45,778 thousand, compared to - $17,519 thousand in the prior year period. ### 2026 End Market Outlook Myers Industries, Inc. anticipates moderate growth in its Industrial and Food & Beverage end markets for 2026. The Infrastructure market is expected to show strong growth, while the Vehicle and Consumer markets are projected to be stable, with the Consumer segment also affected by normal storm response levels. ### Related Stocks - [MYE.US](https://longbridge.com/en/quote/MYE.US.md) ## Related News & Research - [Myers Industries (MYE) Receives a Buy from KeyBanc](https://longbridge.com/en/news/298548665.md) - [MYE: Q2 2026 saw double-digit profit growth and margin gains, fueled by transformation and innovation](https://longbridge.com/en/news/298337227.md) - [Ten top-rated materials stocks as pricing power offers an inflation buffer](https://longbridge.com/en/news/298345257.md) - [Indaptus amends 8-K to update dilution disclosure in ATM prospectus supplement](https://longbridge.com/en/news/298297826.md) - [Weekly Recap: 1.5M-share inducement grant and furnished Form 8-K PSU award](https://longbridge.com/en/news/298207980.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**