ESAB Posts Record Q3 Sales of $825 Million but Cuts 2026 Profit Outlook on Softer Organic Growth

Published November 4, 2026 at 9:22 AM EST

ESAB posted record third-quarter sales but cut its full-year profit outlook as organic growth came in softer than planned, according to its 8-K released Wednesday.

The welding and cutting equipment maker reported sales of $825 million, up 13.3% from a year earlier. Core organic sales, which strip out acquisitions and currency, rose 2.3%.

Net income from continuing operations attributable to ESAB was $41 million, or $0.61 per diluted share. Core adjusted net income was $83 million, or $1.30 per share. Core adjusted EBITDA rose 17.0% to $156 million, and the margin widened 40 basis points to 19.8%.

Outlook trimmed

ESAB now projects 2026 core adjusted EBITDA of $603 million to $607 million, down from $615 million to $625 million. Core adjusted EPS guidance falls to $5.28 to $5.33 from $5.40 to $5.50.

The company lowered expected core organic sales growth to 1.6% to 2.0% from 2.0% to 4.0%. Total core sales growth is now forecast at 13.1% to 13.3%, narrowed from 11.0% to 14.0%, helped by a larger contribution from acquisitions and currency.

Acquisitions reshape the story

President and CEO Shyam Kambeyanda said the company delivered growth "despite a dynamic global environment and continued inflationary pressure." He pointed to the acquisitions of EWM and Eddyfi, which he said let ESAB serve customers "from the first cut and weld through decades of inspection, monitoring and repair."

Those deals show up on the balance sheet: long-term debt stood at $2.32 billion as of Oct. 2, 2026, up from $1.23 billion at the end of 2025, and goodwill rose to $2.74 billion from $1.95 billion.

By the numbers

Q3 sales: $825 million, up 13.3%
Core organic growth: 2.3%
Diluted EPS: $0.61; core adjusted EPS: $1.30
Core adjusted EBITDA margin: 19.8%
New 2026 core adjusted EPS guidance: $5.28 to $5.33

Sources

ESAB Corporation Form 8-K with third-quarter 2026 earnings release, filed Nov. 4, 2026 (accession 0001877322-26-000065)

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