Webco Industries, Inc. reports recurring updates on its OTC-traded specialty metal tubing business under the WEBC symbol. The company manufactures and distributes carbon steel, stainless steel and other metal tubular products designed to industry and customer specifications, supported by tube production and value-added facilities in several U.S. states.
Company news primarily covers fiscal quarter and year-end operating results, including sales and earnings trends, as well as capital spending tied to stainless facilities. Updates also include board appointments and governance changes, alongside references to the Webco TechCenter™ and technical work for the metal tubing industry.
Webco Industries (WEBC) completed its tender offer for common stock, acquiring 11,382 shares after electing to purchase shareholders' oversubscription.
The total purchase price was $3,756,060, or $330 per share. The offer originally sought up to 10,000 shares owned by holders as of September 30, 2026, and expired at 11:59 p.m. Eastern Daylight Time on October 14, 2026. Webco's traditional stock repurchase program, suspended during the offer, will resume permitted activity on October 17, 2026.
Webco Industries (WEBC) launched a tender offer to purchase up to 10,000 common shares from shareholders holding shares at the offer date.
The purchase price is $330 per share, and the offer expires at 11:59 p.m. Eastern Daylight Time on October 14, 2026, unless extended. The board views the offer as an expedited selling opportunity given the stock's history of illiquidity and current spreads between purchase and sale offers. If tenders exceed the limit, holders of 99 or fewer shares who tender all their shares receive priority; remaining purchases are allocated proportionately among other tendering holders. Withdrawals before expiration are allowed only in limited circumstances described in the offer materials.
Webco Industries (WEBC) reported fiscal 2026 net income of $18.3 million for the year ended July 31, 2026.
Annual sales rose 14.8% to $670.9 million from $584.7 million in fiscal 2025. Diluted earnings per share increased to $26.50 from $12.30, and gross margin rose to 14.0% from 11.4%. Operating activities used $3.880 million in cash, compared with $35.965 million provided a year earlier.
Fourth-quarter sales rose 19.9% to $189.7 million, but net income fell to $5.0 million from $6.5 million. Quarterly selling, general and administrative expenses rose to $20.0 million from $12.9 million. At July 31, Webco had $9.1 million in cash and short-term investments and $112.9 million in available revolving credit. It repurchased 33,800 shares during fiscal 2026 and had approximately $1.6 million of repurchase authority remaining.
Webco Industries (OTC:WEBC) reported fiscal 2026 Q3 net income of $8.0 million, or $11.61 diluted EPS, up from $5.0 million, or $7.05, a year earlier. Net sales rose 15.6% to $179.6 million.
For the first nine months, net income was $13.3 million ($19.16 diluted EPS) on sales of $481.2 million, up 12.8%. Q3 gross margin improved to 16.1%, while SG&A and interest expense increased.
Operating cash flow was negative $17.0 million year-to-date. Webco extended its $220 million credit facility to 2031 and refreshed a $6.0 million stock repurchase program with about $5.3 million remaining.
Webco Industries (OTC: WEBC) reported fiscal 2026 second quarter results with net income of $0.5M (diluted $0.79) on net sales of $141.9M, up 9.4% year-over-year. Six-month net income was $5.3M (diluted $7.62) on sales of $301.6M, up 11.3%.
Gross margin improved to 11.5% in the quarter and 12.4% for six months. Cash and short-term investments totaled $18.3M, revolver availability was $67.9M with $90.5M drawn, and debt maturity was extended to Feb 2031. Stock repurchase authority remaining approximately $0.4M.
Webco Industries (OTC: WEBC) announced on January 13, 2026 that Brad Stoots has been appointed to its Board of Directors, increasing the number of outside directors to four and the board total to seven.
Stoots brings 40 years of public accounting experience, including partner roles at Arthur Andersen and Grant Thornton, experience with manufacturing and SEC reporting companies, and local civic involvement in Tulsa. Webco manufactures and distributes carbon and stainless steel tubular products from five tube production sites and nine value-added facilities across Oklahoma, Pennsylvania, Texas, Illinois and Michigan.
Webco Industries (OTC: WEBC) reported fiscal 2026 first quarter results for the period ended October 31, 2025. Net income was $4.8M ($6.79 diluted) versus a net loss of $0.1M in Q1 FY2025. Net sales rose 13.0% to $159.7M. Gross profit was $21.0M (13.2% margin) compared with $13.6M (9.7%). Income from operations was $7.4M. Cash, short-term investments and available revolver capacity totaled $80.8M. Operating cash flow was $(7.8)M for the quarter.
Webco Industries (OTC: WEBC) reported its fiscal Q4 and full-year 2025 results. Q4 net income increased to $6.5 million ($9.18 per diluted share) from $4.3 million in Q4 2024, with sales rising 4.5% to $158.2 million. However, full-year 2025 performance declined, with net income falling to $9.3 million from $16.0 million and sales decreasing 3.9% to $584.7 million.
The company maintains strong liquidity with $90.5 million in total cash, short-term investments, and available credit. Webco repurchased 167,000 shares during fiscal 2025, with $4.7 million remaining in the buyback program. Capital expenditures for fiscal 2025 totaled $18.6 million, primarily focused on stainless facilities expansion.
Webco Industries (OTC: WEBC) reported challenging Q2 fiscal 2025 results, with a net loss of $2.0 million (-$2.91 per share) compared to net income of $0.3 million ($0.42 per share) in Q2 2024. Net sales decreased 11.1% to $129.7 million from $146.0 million year-over-year.
The company's performance was impacted by extended recession in domestic manufacturing markets, seasonal factors, and unfair foreign product dumping. Gross profit margin declined to 7.6% from 8.9% in Q2 2024. The company maintains strong liquidity with $72.8 million in total cash, short-term investments, and available credit.
During Q2 2025, Webco purchased 145,000 shares under its stock repurchase program, with $8.3 million remaining in purchase authority through July 31, 2026. Capital expenditures were $5.7 million, primarily focused on stainless facilities expansion.