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Compass Diversified (CODI) guidance and outlook
Compass Diversified (CODI) raised some and lowered other parts of its guidance on Nov 4, 2026: EBITDA $250M for FY2026. Compass Diversified's 10-Q filed Nov 4, 2026 makes 29 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EBITDA | FY2026 | $330M–$355M | reaffirmed |
| EBITDA | FY2026 | $250M | raised |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- We expect labor, freight, energy, packaging, commodities and other raw-material costs to remain variable.
- We will continue to monitor developments and adapt sourcing, pricing and inventory strategies as conditions evolve.
- We intend to continue evaluating targeted divestitures where we believe a transaction can realize attractive value and accelerate deleveraging.
- also amended our management services agreement to reduce expected management costs beginning in 2027 and to tie a greater portion of the Manager’s compensation to shareholder returns and operating performance.
- Our outlook remains subject to changes in inflation, interest rates, consumer and industrial demand, tariffs and trade restrictions, geopolitical developments, customer order timing and the availability and cost of financing.
- In addition, if the term loans under the 2022 Credit Facility have not been repaid on or before December 31, 2026, we will be required to pay a $4.0 million milestone fee.
- The revised fee and award structure is expected to reduce total management fees for 2027 relative to the amounts that otherwise would have been payable under the Eighth MSA, although actual amounts will depend on the Company’s Adjusted Net Assets, the level of payout under the Performance-Based Award and other applicable factors.
- The following results of operations at each of our businesses are not necessarily indicative of the results to be expected for a full year.
- We may generate interest income on the investment of available funds, but expect such earnings to be minimal.
- T he Company will reduce future management fee payments until the overpayment has been fully recouped.
- The decrease primarily reflected a $58.0 million reduction recognized in the second quarter of 2026 following the Company’s entry into a settlement agreement and related plan support agreement on June 24, 2026, which reduced the estimated amount and changed the timing of expected recoveries on the CODI Secured Claim.
- Although the restatement-related costs were historical and are not expected to represent a future liquidity requirement, we expect to continue to incur costs associated with securities and derivative litigation, governmental investigations and our efforts to remediate material weaknesses and strengthen internal control over financial reporting.
Compass Diversified's latest quarter
Compass Diversified, Q3 2026: revenue $423M (-10% year over year), operating margin 7.5%, net earnings $21.5M, operating cash flow $51.6M. The chart follows the revenue to costs, profit and cash.
Questions
Did Compass Diversified raise or lower its guidance?
Compass Diversified (CODI) raised some and lowered other parts of its guidance on Nov 4, 2026: EBITDA $250M for FY2026.
What does Compass Diversified expect?
We expect labor, freight, energy, packaging, commodities and other raw-material costs to remain variable. We will continue to monitor developments and adapt sourcing, pricing and inventory strategies as conditions evolve. We intend to continue evaluating targeted divestitures where we believe a transaction can realize attractive value and accelerate deleveraging.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.