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Ampco-Pittsburgh Corp. 10-Q Filings

AP NYSE

Every 10-Q that Ampco-Pittsburgh Corp. (AP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow AP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AP filings page.

Rhea-AI Summary

Ampco-Pittsburgh Corporation reported improved profitability for the quarter ended June 30, 2026. Total net sales were $102.9 million, down from $113.1 million a year earlier, but the company generated net income attributable to Ampco-Pittsburgh of $1.5 million, or $0.07 per diluted share, versus a net loss of $7.3 million, or $(0.36) per share, in the prior-year quarter. For the first six months of 2026, total net sales were $211.2 million and net income attributable to Ampco-Pittsburgh was $0.6 million, or $0.03 per diluted share, compared with a $6.2 million loss in the first half of 2025.

Operating performance strengthened as income from operations reached $5.1 million in the quarter, compared with a $3.1 million loss a year earlier, reflecting lower costs of products sold and the absence of prior-year severance and exit charges tied to UES-UK. Net cash provided by operating activities for the first half of 2026 was $1.9 million, an improvement from cash used of $7.6 million in the prior-year period. The balance sheet showed cash and cash equivalents of $7.0 million and total debt of $137.6 million at June 30, 2026. The company continues to carry a significant asbestos liability of $185.0 million with an associated insurance receivable of $117.0 million and remains in compliance with covenants under its revolving credit facility and other financing arrangements.

Rhea-AI Summary

Ampco-Pittsburgh Corporation reported higher sales but a small loss for the quarter ended March 31, 2026. Total net sales rose to $108,327 from $104,265 a year earlier, driven mainly by strong growth in the Air and Liquid Processing (ALP) segment, where sales increased to $37,518 from $31,978. Forged and Cast Engineered Products (FCEP) sales declined slightly to $70,809 from $72,287.

Income from operations fell to $2,562 from $3,850, reflecting weaker FCEP margins, unfavorable manufacturing absorption and an $875 deconsolidation charge tied to the UES-UK insolvency. After interest and taxes, Ampco-Pittsburgh posted a net loss attributable to common shareholders of $(867), or $(0.04) per share, compared with net income of $1,142, or $0.06 per share, in the prior year period. Backlog increased to $345,532, supported by a strong ALP order book, while total debt stood at $134,095 and the asbestos liability remained significant at $192,969.

Rhea-AI Summary

Ampco-Pittsburgh (AP) filed its Q3 2025 10-Q. Total net sales were $108,009 thousand, up from $96,166 thousand a year ago. Income from operations was $1,123 thousand, but higher interest and other items led to a net loss attributable to Ampco-Pittsburgh of $2,211 thousand, or $0.11 per share. For the nine months, total net sales were $325,378 thousand and the net loss attributable to Ampco-Pittsburgh was $8,404 thousand.

The quarter included Exit Charges of $3,069 thousand tied to the decision to exit UES-UK and a non-core Ohio facility, contributing to $9,819 thousand year-to-date. After the quarter, UES-UK entered administration in the U.K., and the company deconsolidated that subsidiary. Based on September 30, 2025 estimates, the company expects a non-cash impairment in Q4 2025 of $43,000–$45,000 and anticipates $7,000–$9,000 may be returned to lenders under its Credit Agreement. Cash from operations was $(1,363) thousand year-to-date. Debt outstanding was $135,214 thousand, including $50,530 thousand on the revolving credit facility, with remaining availability of $28,189 thousand.

Rhea-AI Summary

Ampco-Pittsburgh reported a third-quarter operating setback driven by a U.K. exit charge and weaker six-month sales. Total net sales were $113.1 million for the quarter and $217.4 million for the six months, down from $221.2 million a year earlier. The company recorded a net loss attributable to Ampco-Pittsburgh of $7.335 million for the quarter (basic EPS $(0.36)) and a six-month net loss of $6.193 million (basic EPS $(0.31)). Management flagged a $6.75 million charge tied to exiting its U.K. operations, which included $5.854 million of employee-related severance and $0.654 million of accelerated depreciation.

The balance sheet shows total assets of $537.2 million and shareholders' equity of $76.5 million. Cash and equivalents fell to $9.945 million. Total outstanding borrowings were $134.6 million with long-term debt of $115.9 million and Revolving Credit borrowings of $49.2 million (available capacity approximately $34.2 million). The company carries an asbestos liability of $193.964 million with an asbestos-related insurance receivable of $130.143 million. The Corporation reported it was in compliance with its bank covenants as of June 30, 2025.