Enpro reported strong third-quarter growth, with higher sales and earnings across a period marked by rising semiconductor demand and growth in its Sealing Technologies business. The industrial-products maker also raised its 2026 outlook for revenue, adjusted EBITDA and adjusted earnings per share.
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Third-quarter sales rose 22.4% to $350.8 million. Advanced Surface Technologies sales increased 25.8%, while Sealing Technologies sales grew 20.5%. Sealing Technologies’ organic sales growth was nearly 12%; acquisitions accounted for the additional growth in reported sales.
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Profitability improved. Net income climbed 86.6% to $40.3 million, and diluted earnings per share rose to $1.88 from $1.01. On an adjusted basis, net income was $57.0 million, up 34.4%, and diluted earnings per share increased 33.7% to $2.66.
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Margins widened. Operating margin rose to 18.0% from 14.3%, an increase of 3.7 percentage points. Adjusted EBITDA was $91.3 million, up 31.7%, and adjusted EBITDA margin increased to 26.0% from 24.2%.
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Growth was also higher for the first nine months of 2026. Sales reached $992.6 million, up 17.1% from the same period last year. Net income increased 30.8% to $94.8 million, while adjusted EBITDA rose 22.2% to $254.6 million. Adjusted diluted earnings per share were $7.30, compared with $5.92.
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Enpro raised its full-year 2026 guidance. It now expects revenue of $1.33 billion to $1.34 billion, adjusted EBITDA of $340 million to $345 million, and adjusted diluted earnings per share of $9.70 to $9.95. The prior guidance ranges were not included in the announcement.
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Management attributed the stronger outlook to demand and business momentum. Chief Executive Eric Vaillancourt pointed to increased semiconductor-industry demand supporting Advanced Surface Technologies and broad demand across the company’s portfolio. He said Enpro intends to reinvest in organic growth and pursue acquisitions that fit its financial criteria, with cash generation and its balance sheet providing flexibility. No cash-flow or balance-sheet figures were provided in the announcement.
The reported results show growth in both segments alongside higher margins. The adjusted earnings and EBITDA figures are non-GAAP measures, presented separately from Enpro’s GAAP net income and earnings per share.