Short answer
ASCENT INDUSTRIES CO. (ACNT) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $19M (down 21.5% year over year) with net income of −$2M.
Q1 2026 key financials · XBRL
- Revenue
- $19M
- −21.5% YoY
- Net income
- −$2M
- +13.7% YoY
- Operating margin
- -12.2%
- Gross margin
- 14.5%
- EPS (diluted)
- −$0.21
- +8.7% YoY
Source: XBRL data from the ASCENT INDUSTRIES CO. (ACNT) Q1 2026 10-Q on SEC EDGAR. USD.
ASCENT INDUSTRIES CO. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $19.4M, up 8.9% YoY from $17.8M, driven by 7.6% higher pounds shipped and 5.2% higher prices
- Gross margin 14.5% vs 17.2% YoY; operating loss $2.4M vs $2.0M
- Specialty Chemicals worst performer, operating loss $2.1M vs $0.8M income; adjusted EBITDA margin (5.9%) vs 11.0%
- Cash $47.8M; operating cash outflow $5.4M vs $1.7M, driven primarily by working-capital changes
- Share repurchases $3.9M; up to $5.1M capital spending expected for remainder of fiscal 2026
- Tariffs, inflation, geopolitical conflicts and supply-chain constraints cited as potential headwinds; no updated guidance disclosed
Risk Factors
- No risk-factors section provided; no changed risks identifiable from submitted text
- Acquisition risk triggered by May 4, 2026 asset purchase agreement
- Financing risk from BMO Bank consent dated May 4, 2026
- Capital-allocation risk from 295,695 shares repurchased at $12.92 average
- Liquidity exposure from $1.70 million remaining authorized repurchases
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other ASCENT INDUSTRIES CO. quarterly reports
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