UFP Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting third-quarter net income of $20.617 million on net sales of $172.434 million.

Key Highlights

  • Net sales of $172.434 million for the three months ended September 30, 2026, compared to $154.558 million in the same period of 2025, according to the filing.
  • Net income of $20.617 million for Q3 2026, up from $16.383 million in Q3 2025, as reported in the condensed consolidated statements of comprehensive income.
  • Diluted EPS of $2.64 for the third quarter of 2026, compared to $2.11 in the third quarter of 2025.
  • Nine-month net sales of $500.600 million for the period ended September 30, 2026, versus $453.882 million for the same period in 2025.
  • Total assets of $682.635 million as of September 30, 2026, up from $655.077 million at December 31, 2025.
  • Total stockholders' equity of $485.715 million at September 30, 2026, compared to $423.877 million at December 31, 2025.
  • Long-term debt (excluding current installments) of $83.500 million at September 30, 2026, down from $122.955 million at December 31, 2025.

UFP Technologies Reports Third-Quarter and Nine-Month 2026 Financial Results

According to the Form 10-Q filed with the SEC, UFP Technologies, Inc. (NASDAQ:UFPT) reported net sales of $172.434 million for the three months ended September 30, 2026, an increase from $154.558 million in the comparable prior-year quarter. Gross profit for the third quarter of 2026 was $50.763 million, compared to $42.747 million in Q3 2025. The company reported operating income of $27.606 million for the quarter, up from $23.379 million in the year-ago period, the filing disclosed.

For the nine months ended September 30, 2026, the filing reported net sales of $500.600 million versus $453.882 million for the nine months ended September 30, 2025. Nine-month net income was $58.963 million, or $7.56 per diluted share, compared to $50.747 million, or $6.52 per diluted share, in the prior-year period. Interest expense, net, fell to $4.940 million for the nine-month period from $7.873 million a year earlier, according to the filing.

The condensed consolidated balance sheet shows total assets of $682.635 million at September 30, 2026, with goodwill of $198.875 million and intangible assets, net, of $136.194 million. The company reported long-term debt, excluding current installments, of $83.500 million, reduced from $122.955 million at December 31, 2025. Retained earnings grew to $433.777 million from $374.814 million at year-end 2025. The filing states that 7,746,986 shares of common stock were outstanding as of October 25, 2026. The company is classified as a large accelerated filer, as indicated on the cover page of the filing.

What Was Disclosed

UFP Technologies disclosed its unaudited condensed consolidated financial statements for the quarter and nine months ended September 30, 2026, covering income, balance sheet, cash flows, and stockholders' equity, along with related notes and management's discussion and analysis.