Q2 FY2026 EarningsFY26 Q2 results showed a strong top-line beat with revenue of $66.4M vs. $58.1M expected, up 35.2% YoY, primarily driven by the CMC division's aerospace and defense programs. While gross margin of 25.0% exceeded the 22.2% consensus, the company reported a significant GAAP net income miss (-$4.5M vs. -$6.0M expected) and an EBIT miss (-$7.6M vs. -$0.17M expected) due to $14.2M in stock-based compensation accelerated by the April 2026 IPO. Adjusted net income of $5.2M significantly beat the $1.6M consensus, reflecting strong underlying profitability excluding one-time IPO and reorganization impacts.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Elmet(ELMT) the Revenue is 66.4 M (--%), Beat estimate;the EBIT is -7.628 M (--%), Miss estimate;the EPS is -0.16 (--%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.07B--
0.06B--
+0.01B--%
EBITMiss expectations
-0.01B--
-0.00B--
-0.01B--%
EPSExceed expectations
-0.16--
-0.195--
+0.0350--%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf