Ampco-Pittsburgh returned to profitability in the second quarter of 2026, reporting net income of $1.5 million, or $0.07 per share, compared with a net loss of $7.3 million, or $0.36 per share, a year earlier. Adjusted EBITDA rose 22% to $9.8 million, with margins expanding to 9.5% on net sales of $102.9 million. Quarterly orders increased 50% to approximately $144 million, while total backlog rose 12% to $385.4 million, driven by strong demand in power generation, U.S. Navy products, and North American steel markets. Management expects the second half of 2026 to be significantly stronger, though seasonal maintenance and European shutdowns will affect the third quarter.
Ampco-Pittsburgh CorporationReturned to profitability with net income of $1.5M vs. loss, EBITDA up 22%, margins expanded.
