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Ascent Industries (ACNT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Ascent Industries (ACNT) reported revenue of $25.7M for the second quarter 2026 (Q2 2026), +38% from a year earlier and +32% from the quarter before. Operating margin was -1.0%, net earnings $670K (2.6% of revenue).

Revenue$25.7M
Year over year+38%
Quarter over quarter+32%
Operating margin-1.0%
Net earnings$670K

Ascent Industries, Q2 2026: revenue $25.7M (+38% year over year), operating margin -1.0%, net earnings $670K, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$25.7M+32%+38%
Operating profit−$262K——
Net earnings$670K—-89%
Operating cash flow−$2.3M——

What changed

Revenue was $25.7M in Q2 2026, up 38% year over year and up 32% from the previous quarter. Custom Manufacturing was the largest line at 58% of revenue. Core Technology added $5.0M year over year (up 113%), 71% of the total change.

Gross margin was 21.6%, down 4.5 points from Q2 2025. Operating costs exceeded revenue by $262K, an operating margin of -1.0%. Operating expenses fell 23% while revenue rose 38%. Net earnings were $670K, down 89% year over year. The tax line was a benefit of $601K on pre-tax earnings of $69K. Non-operating items added $331K, 480% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$2.3M. Non-cash charges added back $506K of depreciation and amortization and $209K of share-based compensation. Working capital and other items used $3.7M. Capital expenditures of $754K exceeded it, leaving free cash flow of −$3.0M.

Questions

What was Ascent Industries' revenue in the second quarter 2026?

Ascent Industries (ACNT) reported revenue of $25.7M for the second quarter 2026 (Q2 2026), +38% from a year earlier and +32% from the quarter before.

Was Ascent Industries profitable in the second quarter 2026?

Operating loss was $262K (-1.0% of revenue) and net earnings $670K.

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Source: Ascent Industries 10-Q on SEC EDGAR.