The Elmet Group Co · Q1 2026 earnings

Briefing

The Elmet Group Co reported revenue of $56.0 million and a net loss of $0.3 million for Q1 2026.

The company achieved 20.7% year-over-year revenue growth to $56.0 million, driven by strength in its Critical Materials Components division. Gross profit margin improved to 21.2% from 18.6% in the prior year, though the company recorded a net loss of $0.3 million after a one-time tax charge related to its reorganization. Operating cash flow remained strong at $6.9 million.

• Revenue increased 20.7% YoY to $56.0 million, led by 23.2% growth in the CMC segment.
• Gross margin expanded to 21.2% due to favorable product mix in Aerospace, Defense & Government end markets.
• Net loss of $0.3 million included a $3.8 million one-time tax impact from the C-corporation conversion.
• Backlog grew 34% YoY to $151.8 million, with Aerospace, Defense & Government backlog up 57%.

Headline financials

The company provided general forward-looking statements regarding market opportunities and growth strategy but no quantitative financial guidance.