Ampco-Pittsburgh reported second quarter 2026 net income of $1.5 million, or $0.07 per share, compared to a net loss of $7.3 million, or $0.36 per share, in the prior year period. Adjusted EBITDA rose 22% to $9.8 million, with margin expanding 240 basis points to 9.5% on net sales of $102.9 million. Customer orders of approximately $144 million were up 50% versus prior year, and backlog grew $39.9 million from the first quarter to $385.4 million. The Air & Liquid segment delivered record results, while the Forged and Cast Engineered Products segment saw adjusted EBITDA increase 15% despite lower sales following the closure of its U.K. facility. Management expects a significantly stronger second half of 2026, citing accelerating demand across power generation, U.S. Navy, and North American roll markets.
Ampco-Pittsburgh CorporationRecord orders up 50% and accelerating demand across key markets drive strong outlook.
