UFP TECHNOLOGIES INC (UFPT) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Health Care
Surgical & Medical Instruments & ApparatusSEC EDGAR

UFP TECHNOLOGIES INC (UFPT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

UFP TECHNOLOGIES INC FY2025 10-K Analysis

Business Overview

  • Core business: Contract development and manufacturing of custom single-use, single-patient medical devices and components
  • Emphasis on diverse niche medical segments including minimally invasive surgery, infection prevention, orthopedics, and biopharma packaging
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Management Discussion & Analysis

  • Revenue $602.8M, up 19.5% YoY from $504.4M driven by 23.2% medical market growth, acquisitions added $168.3M in 2025 vs $73.1M in 2024
  • Organic sales growth 1.5% for 2025; largest customers Intuitive Surgical SARL 24.3% and Stryker Corporation 21.5% of sales in 2025
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Risk Factors

  • Regulatory risk from "One Big Beautiful Bill Act" (OBBBA) enacted July 2025 with immaterial impact on income tax expense but changes to interest and depreciation rules
  • Macroeconomic risk from inflation and bank failures could affect long-term capital access and liquidity despite $91.9M cash from operations in 2025
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UFP TECHNOLOGIES INC FY2025 Key Financial Metrics
XBRL

Revenue

$603M

+19.5% YoY

Net Income

$68M

+15.8% YoY

Gross Margin

28.3%

-81bp YoY

Operating Margin

15.3%

-72bp YoY

Net Margin

11.3%

-36bp YoY

ROE

16.1%

-109bp YoY

Total Assets

$655M

+4.1% YoY

EPS (Diluted)

$8.75

+15.4% YoY

Operating Cash Flow

$92M

+38.0% YoY

Source: XBRL data from UFP TECHNOLOGIES INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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