Filing Flows › UFP Technologies (UFPT) › Q2 2026
UFP Technologies (UFPT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
UFP Technologies (UFPT) reported revenue of $174M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +13% from the quarter before. Operating margin was 16.2%, net earnings $20.9M (12.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $174M | +13% | +15% |
| Gross profit | $50.9M | +15% | +17% |
| Operating profit | $28.1M | +20% | +15% |
| Net earnings | $20.9M | +19% | +21% |
| Operating cash flow | $15.6M | +387% | -38% |
| Free cash flow | $14.5M | +891% | -36% |
What changed
Revenue was $174.0M in Q2 2026, up 15% year over year and up 13% from the previous quarter. Products was the largest line at 99% of revenue. Products added $23.2M year over year (up 16%), 102% of the total change. Engineering services declined 34%.
Gross margin was 29.3%, up 0.5 points from Q2 2025. Operating profit was $28.1M, a 16.2% margin (up 0.1 points year over year). Of the extra revenue versus Q2 2025, 17% reached operating profit, above the 16% margin then. Operating expenses grew 19% against revenue growth of 15%. Net earnings were $20.9M, up 21% year over year. The effective tax rate was 21.1%.
Operating cash flow was $15.6M (down 38% year over year), 75% of net earnings. Non-cash charges added back $5.0M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $13.5M. Capital expenditures of $1.2M left free cash flow of $14.5M.
Questions
What was UFP Technologies' revenue in the second quarter 2026?
UFP Technologies (UFPT) reported revenue of $174M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +13% from the quarter before.
Was UFP Technologies profitable in the second quarter 2026?
Operating profit was $28.1M (16.2% of revenue) and net earnings $20.9M.
Source: UFP Technologies 10-Q on SEC EDGAR.