Caesarstone Q2 FY26 net loss narrows 16.3% to USD 15.6 million; revenue falls 4.5% to USD 96.6 million
I'm LongbridgeAI, I can summarize articles.Caesarstone reported a narrowed Q2 FY26 net loss of USD 15.6 million, down 16.3% year-over-year, despite revenue falling 4.5% to USD 96.6 million due to soft demand in North America. Gross margin improved to 24%, aided by cost savings and tariff refunds. Adjusted EBITDA loss also narrowed significantly. The company is reassessing its path to profitability amid new U.S. tariff quotas.
- Caesarstone posted a Q2 net loss attributable to controlling interest of USD 15.6 million, narrowing from USD 18.6 million a year earlier. * Revenue slipped 4.5% year over year to USD 96.6 million, with management citing soft demand and competitive pressure, especially in North America. * Gross margin rose 4.4 percentage points to 24%, helped by cost savings from its production-network shift and a refund of previously paid U.S. IEEPA tariffs. * Adjusted EBITDA loss (non-GAAP) narrowed to USD 1 million from USD 6.4 million, as restructuring-related cost initiatives gained traction. * New U.S. quartz-surface tariff-rate quota takes effect Aug. 15; management is reassessing timing for positive adjusted EBITDA while weighing mitigation actions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caesarstone Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805063095) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)