SIFCO Industries, Inc. filings document formal disclosures for an Ohio-based public manufacturer of forged products and machined components for aerospace, defense, energy and commercial space markets. Recent Form 8-K reports cover results of operations and financial condition, furnished earnings releases, exhibits and Inline XBRL cover-page data.
The company’s regulatory record also includes definitive proxy materials and shareholder-vote disclosures covering director elections, auditor ratification, executive compensation and say-on-pay frequency. Other 8-K items address officer departures, compensatory arrangements and labor-related events, including collective bargaining agreement ratification affecting a bargaining unit at its Cleveland location.
SIFCO Industries reported a sharp turnaround for the second quarter of fiscal 2026, with net sales rising 39.0% to $26.4 million and net income from continuing operations of $2.7 million, or $0.43 per diluted share, versus a prior-year loss of $1.3 million, or $(0.22) per share. EBITDA improved to $3.7 million and Adjusted EBITDA to $4.8 million, compared with $0.4 million and $(0.2) million a year earlier.
For the first half of fiscal 2026, net sales grew 26.3% to $50.4 million, and net income from continuing operations reached $4.4 million, or $0.72 per diluted share, versus a loss of $3.7 million, or $(0.62) per share, in fiscal 2025. Management highlighted efficiency gains, cost control, and strong product demand supporting backlog, even as skilled labor availability remains a constraint.
SIFCO Industries, Inc. reported a sharp turnaround for the quarter ended March 31, 2026, with net sales rising to $26.4 million from $19.0 million a year earlier. Higher volumes and better pricing, especially on military rotorcraft and munitions programs, drove the improvement.
Income from continuing operations reached $2.7 million, compared with a loss of $1.3 million in the prior-year quarter, as gross profit expanded to $5.7 million. For the first six months, net sales grew to $50.4 million and income from continuing operations was $4.4 million, versus a $3.7 million loss last year.
Backlog increased to $157.7 million, supported by aerospace recovery and strong military demand. Operating cash flow was $5.2 million in the first half, total debt fell to $5.1 million, and revolver availability was $17.2 million, though cash on hand remained low at $0.3 million. The company also recorded a $291 thousand environmental reserve related to storm water compliance matters in California.
Peter J Abrahamson reports beneficial ownership of 398,000 shares (6.4%) of Sifco Industries common stock. The filing states Mr. Abrahamson has sole voting and sole dispositive power over all 398,000 shares. The amendment is signed and dated 04/06/2026.
SIFCO Industries reported the initial share ownership of its Chief Financial Officer, Eric B. Shultz, on a Form 3. The filing reflects an award of 10,000 restricted shares of SIFCO common stock granted on January 5, 2026. These restrictions are scheduled to lapse on the day immediately preceding the three-year anniversary of the grant date, outlining a multi-year vesting horizon for the CFO’s equity compensation.
Minerva Advisors LLC and related entities filed an amended Schedule 13G reporting their beneficial ownership in SIFCO Industries, Inc. They report beneficial ownership of 488,984 common shares, or 7.9% of SIFCO’s outstanding common stock as of 12/31/2025.
Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen are also reporting persons. Minerva Group, LP holds 373,549 shares, or 6.0% of the class, over which the Minerva entities and Cohen have sole voting and dispositive power.
Minerva Advisors LLC and David P. Cohen each also have shared voting and dispositive power over an additional 115,435 shares beneficially owned by Minerva Advisors LLC. The filers certify the shares are not held to change or influence control of SIFCO, other than in connection with a Rule 14a-11 nomination.
SIFCO Industries, Inc. reported a strong first quarter of fiscal 2026, with net sales rising 14.8% to $24.0 million from $20.9 million a year earlier. The company moved from a net loss to net income from continuing operations of $1.8 million, or $0.29 per diluted share, compared with a loss of $2.4 million, or $(0.40) per diluted share, in the prior-year quarter.
EBITDA improved to $3.6 million from a loss of $0.8 million, and Adjusted EBITDA reached $3.9 million versus negative $0.2 million, reflecting better operating performance. Management attributed the improvement mainly to increased production throughput and lower fixed costs amid stable demand and order backlog across commercial and defense aerospace markets.
SIFCO Industries reported a strong turnaround for the quarter ended December 31, 2025, moving to net income from continuing operations of $1.8 million versus a $2.4 million loss a year earlier. Net sales rose to $24.0 million from $20.9 million, driven mainly by higher military demand and better pricing.
Gross profit increased sharply to $5.2 million from $0.9 million as cost of goods sold fell both in dollars and as a percentage of sales. Operating cash flow improved to $8.1 million, allowing the company to reduce total debt to $2.9 million from $10.6 million, largely by paying down its revolver.
Backlog grew to $139.5 million from $121.9 million a year earlier, reflecting recovery in aerospace markets. The company also recorded a $0.29 diluted EPS from continuing operations, compared with a loss of $0.40, and believes existing cash and credit availability can support operations for the next 12 months. SIFCO recorded a $156 thousand reserve related to recently received environmental notices at a California facility.
SIFCO Industries, Inc. announced that Chief Financial Officer Jennifer Wilson will resign effective February 20, 2026, under a Resignation Agreement dated January 28, 2026. She will continue to receive her current salary through the resignation date, be paid any accrued unused vacation, and be reimbursed for reasonable business expenses incurred through that date.
In return for transition support and a release of claims, Ms. Wilson will receive a $30,000 cash bonus after the resignation date. The Board appointed Eric Shultz, currently Director of Strategy and Administration, as the new Chief Financial Officer and principal accounting officer effective February 20, 2026. Mr. Shultz will receive an annual base salary of $250,000 and a $30,000 bonus payable when the Company pays FY2026 bonuses, and is eligible to participate in the management incentive plan.
SIFCO Industries reported the results of its 2026 Annual Meeting of Shareholders held on January 28, 2026. Shareholders elected four directors – Robert D. Johnson, Donald C. Molten, Jr., Alayne L. Reitman and Mark J. Silk – to serve until the 2027 annual meeting.
Shareholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending September 30, 2026. An advisory, non-binding vote approved the Company’s executive compensation, and shareholders expressed a preference on how often to hold future say-on-pay votes, with the largest vote total cast for a three-year frequency.
SIFCO Industries director Robert D. Johnson received an award of 6,000 restricted shares of SIFCO Industries, Inc. common stock on January 28, 2026. The shares were granted at a price of $0 per share and are scheduled to vest on the day immediately before the one-year anniversary of the grant date. Following this award, Johnson beneficially owns 24,000 shares of SIFCO Industries common stock in direct ownership.