ESAB Corporation reports company news tied to its industrial equipment and consumables business for welding, cutting and joining applications. Updates include operating and financial results, dividend declarations, capital-structure actions, and governance changes at the public-company level.
Company announcements also cover product and portfolio developments within ESAB-backed gas control businesses, including GCE Specialty, GCE Medical and GCE Industrial equipment for specialty, medical and industrial applications.
ESAB (NYSE: ESAB) reported third-quarter sales growth of 13.3%, while earnings declined and the company lowered its full-year profit outlook.
Sales reached $824.521 million, with core organic sales rising 2.3%, excluding Russia, acquisitions and currency effects. GAAP diluted earnings per share from continuing operations fell to $0.61 from $1.04. Core adjusted net income rose to $83.0 million from $80.5 million. Core adjusted EBITDA, an adjusted earnings measure, increased 17.0% to $156 million; its margin expanded 40 basis points to 19.8%.
For 2026, ESAB now expects core sales growth of 13.1%–13.3%, versus 11.0%–14.0% previously, but lowered expected core organic growth to 1.6%–2.0% from 2.0%–4.0%. It cut core adjusted EBITDA guidance to $603 million–$607 million from $615 million–$625 million and core adjusted EPS guidance to $5.28–$5.33 from $5.40–$5.50.
ESAB (ESAB) introduced ROBBI AI, a collaborative robot system for automating MIG and TIG welding through physical artificial intelligence. The system uses cameras and laser sensing to assess joints and adjust welding motion and process settings as conditions change. ESAB says it is designed to eliminate manual teaching of weld paths and learn from completed welds.
Operators supply welding procedure parameters and position the system near the joint before starting. The system can stop welding if it detects a condition that could compromise a weld, and recorded weld data and video support operator review. Users can also switch off full-AI mode for conventional robot operation. Target applications include pipe fabrication and low-volume production involving varied parts or inconsistent joint fit-up.
ESAB (NYSE: ESAB) will release its third-quarter 2026 financial results on the morning of November 4, 2026. A public conference call will follow at 8:00 a.m. Eastern. Results and any supplemental information will be available in the website’s Investors section before the call, with a replay available later that day.
ESAB (ESAB) has been found responsible for historical Cape Asbestos liabilities by a South Carolina trial court ruling issued September 14.
The court determined that ESAB and France-based Altrad Group are responsible for Cape Asbestos Co. Ltd.’s historical asbestos operations and can be held liable for legal judgments. ESAB is described as the ultimate parent of Charter Consolidated and Central Mining, entities the court found participated in controlling Cape’s asbestos business and U.S. asbestos distribution. Altrad acquired Cape in 2017, and the rulings state that Altrad Investment Authority S.A.S. and its chairman, Mohed Altrad, are responsible for Cape’s conduct and liabilities. A separate prior judgment against Cape for $38 million is referenced in the case.
ESAB Corporation (ESAB) announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share of common stock.
The dividend is payable on October 16, 2026 to shareholders of record as of October 2, 2026. ESAB, based in North Bethesda, Maryland, reports approximately 11,300 employees and customers in about 150 countries.
ESAB (NYSE: ESAB) reported second quarter 2026 record sales of $808 million, up 12.9% reported and 2.5% on a core organic basis. Net income from continuing operations attributable to ESAB was $35 million, or $0.54 diluted EPS, while core adjusted net income was $83 million, or $1.33 diluted EPS, down about 1% year over year.
Core adjusted EBITDA rose 8.0% to $150 million, with margin at 19.5%, down 90 bps due to price/cost neutrality and commercial investments. ESAB closed the Eddyfi acquisition one month early. For full-year 2026, ESAB raised total core sales growth guidance to 11.0%–14.0%, lifted the M&A contribution to about 9.0%, and increased core adjusted EBITDA guidance to $615–$625 million, with core adjusted EPS now expected at $5.40–$5.50.
ESAB (NYSE: ESAB) announced it will release its second quarter 2026 financial results on the morning of Thursday, August 6, 2026, followed by a public conference call at 8:00 a.m. Eastern to discuss the results.
According to ESAB, U.S. participants can join by calling +1-833-461-5787 and international participants by calling +1-585-542-9983, using conference ID 503859747, or by pre-registering via the ESAB Earnings Call link to reduce hold times. A listen-only webcast and the earnings press release, along with any supplemental materials, will be available under the “Investors” section of www.ESABcorporation.com before the call. A replay link of the conference call will be posted on the company’s website later that day.
ESAB (NYSE: ESAB) has completed its acquisition of Eddyfi Technologies, a global provider of advanced inspection and monitoring solutions. The deal expands ESAB’s workflow offering across fabrication, inspection and monitoring. ESAB’s Q2 2026 results will include one month of Eddyfi’s financials, with updated full-year guidance to be shared on the Q2 earnings call.
Summary not available.
ESAB (NYSE: ESAB) announced a quarterly cash dividend increase to $0.12 per share, up from $0.10. The dividend is payable on July 17, 2026 to shareholders of record as of July 3, 2026. Management attributed the increase to continued cash generation and a balanced capital allocation strategy.
The company employs ~10,300 associates and serves customers in ~150 countries.