The financials
ESAB Corporation by the numbers
ESAB Corporation (ESAB) reported revenue of $746M in Q1 2026 (quarter ended April 3, 2026), up 9.9% from the same quarter a year earlier. That came with a gross margin of 37% and net income of $48M (6.4% of revenue). For the full year FY2025, revenue was $2.84B (+3.7% year on year) and net income $227M. Its largest product in 2026-Q1 was Consumable Products at $481M, 64% of the disclosed total, just ahead of Equipment Products at 36%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $746M | $678M | +9.9% |
| Gross profit | $275M | $255M | +7.8% |
| Operating income | $90M | $110M | −18% |
| Net income | $48M | $67M | −29% |
| Diluted EPS | $0.78 | $1.10 | −29% |
| Product | Revenue | Share |
|---|---|---|
| Consumable Products | $481M | 64% |
| Equipment Products | $265M | 36% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $745.6M (+2.4%)
Equipment Products grew +14% year on yearConsumable Products +7.9% year on year
Segment Latestquarter on quarteryear on year
- Consumable Products$480.9M$480.9MQoQ +0.62%year on year +7.9%+0.62%+7.9%
- Equipment Products$264.7M$264.7MQoQ +5.9%year on year +14%+5.9%+14%