Filing Flows › UFP Technologies (UFPT) › Q2 2026 › vs Q2 2025
UFP Technologies (UFPT) Q2 2026 vs Q2 2025 (year over year)
UFP Technologies's revenue rose $22.8M (+15%) from $151M in Q2 2025 to $174M in Q2 2026. The biggest changes: Products +$23.2M (+16%); Engineering services −$531K (-34%); Tooling and Machinery +$146K (+48%). 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 29.3% | 28.8% | +0.5 pts |
| Operating margin | 16.2% | 16.1% | +0.1 pts |
| Net margin | 12.0% | 11.4% | +0.6 pts |
| Free cash flow margin | 8.3% | 14.9% | -6.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Products | $173M | $149M | $23.2M | +16% |
| Engineering services | $1.0M | $1.5M | −$531K | -34% |
| Tooling and Machinery | $448K | $302K | $146K | +48% |
| Revenue | $174M | $151M | $22.8M | +15% |
| Gross profit | $50.9M | $43.5M | $7.4M | +17% |
| Cost of revenue | $123M | $108M | $15.4M | +14% |
| Operating profit | $28.1M | $24.3M | $3.8M | +15% |
| Operating expenses | $22.8M | $19.2M | $3.6M | +19% |
| Pre-tax earnings | $26.4M | $21.6M | $4.8M | +22% |
| Other expense, net | $1.7M | $2.7M | −$1.0M | -38% |
| Net earnings | $20.9M | $17.2M | $3.7M | +21% |
| Income tax | $5.6M | $4.4M | $1.1M | +25% |
| Depreciation & amortization | $5.0M | $4.7M | $269K | +6% |
| Share-based compensation | $3.2M | $2.3M | $939K | +41% |
| Working capital & other | $13.5M | −$1.1M | $14.6M | — |
| Operating cash flow | $15.6M | $25.3M | −$9.7M | -38% |
| Free cash flow (OCF − capex) | $14.5M | $22.5M | −$8.0M | -36% |
| Capital expenditures | $1.2M | $2.9M | −$1.7M | -59% |
Questions
How much did UFP Technologies's revenue grow year over year in Q2 2026?
UFP Technologies's revenue rose $22.8M (+15%) from $151M in Q2 2025 to $174M in Q2 2026.
What drove UFP Technologies's revenue change in Q2 2026?
Products +$23.2M (+16%); Engineering services −$531K (-34%); Tooling and Machinery +$146K (+48%).