Escalade, Incorporated filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting nine-month net income of $20.5 million alongside an $11.5 million tariff recovery credit.

Key Highlights

  • Nine-month net income: The company reported net income of $20,545 thousand for the nine months ended September 30, 2026, compared to $9,998 thousand for the same period in 2025, according to the filing.
  • Tariff recovery: The filing disclosed a tariff recovery credit of $11,469 thousand for the nine months ended September 30, 2026, with no comparable amount in the prior-year period.
  • Q3 net sales: Net sales for the three months ended September 30, 2026 were $65,608 thousand, compared to $67,786 thousand in Q3 2025.
  • Cash position: Cash and cash equivalents stood at $24,530 thousand as of September 30, 2026, up from $11,878 thousand at December 31, 2025.
  • Diluted EPS: Diluted earnings per share for the nine months ended September 30, 2026 were $1.48, versus $0.72 in the comparable prior-year period.
  • Dividends declared: The company declared dividends of $0.1525 per share for Q3 2026, compared to $0.1500 per share in Q3 2025.
  • Shares outstanding: Common shares outstanding as of October 21, 2026 were 13,757,134, the filing noted.

Escalade's Nine-Month Results Reflect Tariff Recovery and Higher Cash Generation

Escalade, Incorporated (NASDAQ:ESCA) disclosed in its quarterly report that net sales for the nine months ended September 30, 2026 were $179,095 thousand, modestly above the $177,598 thousand recorded in the same period of 2025. For the three months ended September 30, 2026, net sales were $65,608 thousand, down from $67,786 thousand in Q3 2025. The filing attributed operating income of $26,436 thousand for the nine-month period, compared to $13,574 thousand a year earlier, in part reflecting a tariff recovery line item of $11,469 thousand that carried no counterpart in the 2025 results.

Cost of products sold for the nine months declined to $127,574 thousand from $130,305 thousand in the prior-year period, while selling, administrative and general expenses rose to $34,811 thousand from $32,018 thousand, according to the filing. The provision for income taxes for the nine months was $6,103 thousand, up from $3,018 thousand, in line with the higher pre-tax income of $26,648 thousand versus $13,016 thousand. The company reported interest income of $709 thousand for the nine months ended September 30, 2026, with no comparable figure disclosed for 2025.

On the balance sheet, total assets were $246,192 thousand as of September 30, 2026, compared to $222,109 thousand at December 31, 2025. Total stockholders' equity rose to $187,736 thousand from $173,216 thousand at year-end 2025. Net cash provided by operating activities for the nine months was $29,735 thousand, versus $16,118 thousand in the same period of 2025. The company repurchased 72 thousand shares for $1,281 thousand during the nine-month period ended September 30, 2026, according to the filing's stockholders' equity statement.

What Was Disclosed

Escalade filed a Form 10-Q for the nine months ended September 30, 2026, reporting higher net income and operating income compared to the prior-year period, with a tariff recovery credit, improved cash balance, and a slight decline in quarterly net sales.