Myers Industries, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 29, 2026, reporting net sales of $171.3 million and a net loss of $865 thousand for the third quarter.

Key Highlights

  • Net sales of $171,340 thousand for the quarter ended September 30, 2026, up from $158,474 thousand in the same quarter of 2025, according to the filing.
  • Net loss of $865 thousand for Q3 2026, compared to net income of $7,088 thousand in Q3 2025, driven in part by a loss from discontinued operations of $5,576 thousand.
  • Loss on debt extinguishment of $3,463 thousand was recorded in the quarter ended September 30, 2026, with no comparable charge in the prior-year period.
  • Nine-month net income of $17,339 thousand for the period ended September 30, 2026, compared to $23,598 thousand for the same period in 2025.
  • Total assets of $794,619 thousand as of September 30, 2026, down from $852,576 thousand at December 31, 2025, the filing disclosed.
  • Quarterly dividend of $0.135 per share was declared during Q3 2026, resulting in declared dividends of $5,161 thousand.
  • 37,636,104 shares outstanding as of October 23, 2026, the filing reported.

Myers Industries Q3 2026 Financial Results: Sales Growth Offset by Discontinued Operations Loss

According to the filing, Myers Industries (NYSE:MYE) reported net sales of $171,340 thousand for the quarter ended September 30, 2026, an increase from $158,474 thousand in the prior-year quarter. Gross profit for the quarter was $46,778 thousand, compared to $49,257 thousand in Q3 2025. Operating income was $14,839 thousand for Q3 2026, down from $16,718 thousand a year earlier. The company reported income from continuing operations of $4,711 thousand for the quarter, versus $6,290 thousand in Q3 2025.

The filing disclosed a loss from discontinued operations, net of income tax, of $5,576 thousand in the third quarter of 2026, compared to income of $798 thousand in the same period of 2025. This contributed to a net loss of $865 thousand, or $(0.02) per diluted share, for Q3 2026, against net income of $7,088 thousand, or $0.19 per diluted share, in Q3 2025. Additionally, the company recorded a loss on debt extinguishment of $3,463 thousand in the quarter, with no such charge in the comparable prior-year period, according to the filing.

For the nine months ended September 30, 2026, the company reported net sales of $515,122 thousand and net income of $17,339 thousand, compared to $483,373 thousand and $23,598 thousand, respectively, in the nine months ended September 30, 2025. The filing showed total shareholders' equity of $304,113 thousand as of September 30, 2026, up from $294,226 thousand at December 31, 2025. Long-term debt stood at $279,608 thousand as of September 30, 2026, compared to $311,210 thousand at year-end 2025. Cash was $53,527 thousand at September 30, 2026, versus $40,514 thousand at December 31, 2025.

What Was Disclosed

Myers Industries filed its quarterly report covering the period ended September 30, 2026, disclosing net sales growth to $171,340 thousand for the quarter, a net loss of $865 thousand due largely to discontinued operations, a $3,463 thousand loss on debt extinguishment, and a declared dividend of $0.135 per share.