DMC Global Inc. filings document the financial results, governance actions and capital-structure matters of a diversified manufacturing company operating through Arcadia, DynaEnergetics and NobelClad. Form 8-K reports include quarterly and annual results releases, segment disclosures, balance-sheet updates and material corporate events.
The company’s filings also cover stockholder protection rights, common stock and stock purchase rights, executive compensation arrangements under incentive plans, board composition changes and Nasdaq public-company governance. Proxy materials provide director elections, compensation tables, committee matters and shareholder voting disclosures tied to DMC’s manufacturing businesses and related operating risks.
DMC Global Inc. reported third-quarter 2026 net sales of $172.825 million, up 14% year over year, and net income attributable to DMC stockholders of $9.708 million versus a $3.081 million loss a year earlier. Gross margin was 26.9%, compared with 21.7%; DMC attributed the improvement partly to $5.425 million of tariff refunds recognized at DynaEnergetics.
Nine-month sales were $465.373 million versus $466.309 million. Adjusted EBITDA attributable to DMC was $33.583 million versus $36.493 million, and operating cash flow was $7.170 million versus $38.340 million. NobelClad backlog was $72.361 million at September 30, 2026, versus $63.508 million at June 30, 2026.
Arcadia Products’ minority holder could exercise the Put Option beginning September 6, 2026, but had not exercised it as of September 30, 2026. The purchase-price floor for its 40% interest is $187.080 million, subject to adjustments. If exercised, DMC may pay cash or 20% cash and 80% newly designated preferred stock, which would carry 3% annual dividends and initially cap voting and conversion at 19.9% of DMC common shares outstanding immediately before issuance, subject to stockholder approval to remove the cap.
DMC Global Inc. reported third-quarter 2026 sales of $172.8 million, up 14% year over year, and net income attributable to DMC of $9.7 million, compared with a $3.1 million net loss a year earlier. Adjusted EBITDA attributable to DMC, excluding $5.4 million in tariff refunds, was $13.6 million, up 59%; including the refunds, it was $19.0 million. Sales and adjusted EBITDA attributable to DMC exceeded the high end of management’s forecast.
Arcadia Products sales were $76.9 million, up 25%; DynaEnergetics sales were $67.1 million, down 3%; and NobelClad sales were $28.8 million, up 38%. NobelClad ended the quarter with $72.4 million in backlog, including $16 million in orders related to U.S. Navy vessel construction. Operating cash flow was $17.509 million, compared with $18.606 million a year earlier.
Total debt was $51.7 million and net debt was $13.7 million, which DMC described as its lowest level since its December 2021 acquisition of 60% of Arcadia. Fourth-quarter 2026 guidance calls for sales of $154 million to $164 million and adjusted EBITDA attributable to DMC of $10 million to $13 million. The outlook depends on macroeconomic conditions and does not contemplate increased international supply-chain disruptions due to ongoing hostilities in the Middle East.
Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC report beneficial ownership of DMC Global Inc. common stock. They report 1,330,653 shares, representing 6.5% of the outstanding common stock, with no sole voting or dispositive power and full holdings reported as shared voting and shared dispositive power. Ameriprise is the parent of Columbia and states that each entity disclaims beneficial ownership of the shares reported on this Schedule.
DMC Global Inc. reported Q2 2026 net sales of 156,953 (000s), up slightly from 155,487, while gross margin declined to 21.9% from 23.6%. Net income was 2,017, with 507 attributable to DMC stockholders; Adjusted EBITDA attributable to DMC was 10,673, down from 13,538.
Arcadia Products grew sales to 67,419 on stronger short-cycle commercial and high-end residential demand and higher pricing. DynaEnergetics sales were 67,383, as higher international activity offset lower, more competitive North American sales. NobelClad revenue fell to 22,151 on project timing and evolving tariff impacts; its backlog was 63,508.
For the first half of 2026, DMC recorded a net loss of 4,793 and operating cash outflows of 10,339. Inventories increased to 167,309 and total debt to 60,201, giving a leverage ratio of 2.19x versus a 3.0x covenant limit and an adjusted leverage ratio of 1.15x. Q2 results also included 1,488 of IEEPA tariff refunds.
DMC Global reported results for the quarter ended June 30, 2026. Second quarter sales were $157.0 million, level with the 2025 second quarter and up 16% sequentially, with consolidated sales and adjusted EBITDA at or above the high end of management’s forecasts. Net income attributable to DMC was $0.5 million, or $0.10 per diluted share.
Adjusted EBITDA attributable to DMC was $10.7 million, down 21% year over year but up 174% sequentially. Arcadia Products posted sales of $67.4 million and adjusted EBITDA attributable to DMC of $5.5 million, both higher year over year, supported by stronger short‑cycle commercial and high‑end residential demand and higher aluminum prices.
DynaEnergetics delivered sales of $67.4 million with adjusted EBITDA of $5.6 million; margins declined versus last year due to mix, input‑cost and pricing pressures. NobelClad sales were $22.2 million with adjusted EBITDA of $3.0 million and an order backlog of $63.5 million. For third quarter 2026, management guides sales of $158–$168 million and adjusted EBITDA attributable to DMC of $10–$13 million.
BlackRock, Inc. filed an amended Schedule 13G/A reporting its beneficial ownership in DMC Global Inc. common stock. BlackRock reports beneficial ownership of 379,849 shares, representing 1.9% of the outstanding common stock.
BlackRock has sole voting power and sole dispositive power over all 379,849 shares, with no shared voting or dispositive power. The filing notes that various persons have rights to dividends or sale proceeds tied to these shares, but no single person holds more than five percent of DMC Global’s outstanding common stock.
DMC Global Inc. executive chair, president and CEO James O’Leary reported a compensation-related RSU vesting that was settled entirely in cash, not stock. On July 1, 2026, 72,040 restricted stock units vested and were settled for cash at $6.26 per unit, equal to the closing share price.
The Form 4 shows a matching derivative exercise and disposition to the issuer, reflecting this cash settlement structure rather than open-market trading. After these transactions, O’Leary directly holds 191,392 shares of DMC Global common stock, with no remaining derivative position disclosed in this filing.
DMC Global Inc. Chief Accounting Officer Brett A. Seger reported a routine share withholding related to equity compensation. On May 28, 2026, 230 shares of common stock were withheld to satisfy tax obligations upon vesting of an award, at an indicated price of $7.16 per share.
These shares were not sold in the open market but used to cover taxes. After this tax-withholding disposition, Seger directly holds 21,408 shares of DMC Global Inc. common stock.
Kelly Michael Aaron reported acquisition or exercise transactions in this Form 4 filing.
DMC Global Inc. reported that director Kelly Michael Aaron received an equity award of 16,937 shares of Common Stock at no cash cost, classified as a grant or award. After this transaction, Aaron directly holds 65,590 common shares.
The award is subject to time-based vesting restrictions. These restrictions will lapse on the earlier of the first anniversary of the grant date or the date of the next annual stockholder meeting, provided that meeting occurs at least 50 weeks after the prior annual meeting.
Dreessen Ruth reported acquisition or exercise transactions in this Form 4 filing.
DMC Global Inc. director Ruth Dreessen received a grant of 16,937 shares of common stock as equity compensation. The shares were awarded at no cash purchase price and increase her direct holdings to 65,283 shares.
The award is subject to time-based vesting restrictions. These restrictions will lapse on the earlier of the first anniversary of the grant date or the date of the next annual stockholder meeting, provided that meeting occurs at least 50 weeks after the prior annual meeting.