Filing Flows › UFP Technologies (UFPT) › Q2 2026 › vs Q1 2026
UFP Technologies (UFPT) Q2 2026 vs Q1 2026 (quarter over quarter)
UFP Technologies's revenue rose $19.8M (+13%) from $154M in Q1 2026 to $174M in Q2 2026. The biggest changes: Products +$20.7M (+14%); Tooling and Machinery −$532K (-54%); Engineering services −$382K (-27%). Gross margin 29.3% against 28.8% (+0.5 pts).
UFP Technologies, Q2 2026: revenue $174M (+15% year over year), operating margin 16.2%, net earnings $20.9M, operating cash flow $15.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 29.3% | 28.8% | +0.5 pts |
| Operating margin | 16.2% | 15.2% | +1.0 pts |
| Net margin | 12.0% | 11.3% | +0.6 pts |
| Free cash flow margin | 8.3% | 0.9% | +7.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Products | $173M | $152M | $20.7M | +14% |
| Engineering services | $1.0M | $1.4M | −$382K | -27% |
| Tooling and Machinery | $448K | $980K | −$532K | -54% |
| Revenue | $174M | $154M | $19.8M | +13% |
| Gross profit | $50.9M | $44.4M | $6.6M | +15% |
| Cost of revenue | $123M | $110M | $13.2M | +12% |
| Operating profit | $28.1M | $23.4M | $4.7M | +20% |
| Operating expenses | $22.8M | $21.0M | $1.8M | +9% |
| Pre-tax earnings | $26.4M | $21.6M | $4.8M | +22% |
| Other expense, net | $1.7M | $1.8M | −$88K | -5% |
| Net earnings | $20.9M | $17.5M | $3.4M | +19% |
| Income tax | $5.6M | $4.1M | $1.5M | +36% |
| Depreciation & amortization | $5.0M | $4.9M | $89K | +2% |
| Share-based compensation | $3.2M | $2.7M | $491K | +18% |
| Working capital & other | $13.5M | $21.9M | −$8.5M | -39% |
| Operating cash flow | $15.6M | $3.2M | $12.4M | +387% |
| Free cash flow (OCF − capex) | $14.5M | $1.5M | $13.0M | +891% |
| Capital expenditures | $1.2M | $1.7M | −$586K | -34% |
Questions
How much did UFP Technologies's revenue grow quarter over quarter in Q2 2026?
UFP Technologies's revenue rose $19.8M (+13%) from $154M in Q1 2026 to $174M in Q2 2026.
What drove UFP Technologies's revenue change in Q2 2026?
Products +$20.7M (+14%); Tooling and Machinery −$532K (-54%); Engineering services −$382K (-27%).