ESAB's second quarter revenue rose 12.9% to $808M, but the company lowered its FY2026 EPS guidance.

ESAB reported second quarter revenue of $808 million, up 12.9% year-over-year, and core adjusted earnings of $1.33 per share. The company raised its full-year 2026 revenue and EBITDA guidance due to contributions from its recent Eddyfi acquisition, but lowered its adjusted EPS forecast.

Key Highlights

• Core organic sales returned to growth, increasing 2.5% year-over-year, which is within the company's full-year guidance range.
• The company completed the Eddyfi acquisition ahead of schedule, prompting a raise in full-year 2026 core sales growth guidance to a range of 11.0% to 14.0%.
• Full-year 2026 core adjusted EPS guidance was lowered to a range of $5.40-$5.50, down from the prior range of $5.70-$5.90, despite the higher sales forecast.