WEBCO INDUSTRIES, INC. REPORTS FISCAL 2026 THIRD QUARTER RESULTS

SAND SPRINGS, Okla. , May 26, 2026 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC ) today reported results for our third quarter of fiscal year 2026, which ended April 30, 2026. For our third quarter of fiscal year 2026, we had net income of $8.0 million, or $11.61 per diluted share, while in our third quarter of fiscal year 2025, we had net income of $5.0 million, or $7.05 per diluted share. Net sales for the third quarter of fiscal 2026 were $179.6 million, a 15.6 percent increase from the $155.4 million in sales in the third quarter of fiscal year 2025. For the first nine months of fiscal year 2026, we generated net income of $13.3 million, or $19.16 per diluted share, compared to a net income of $2.9 million, or $3.68 per diluted share, for the same period in fiscal year 2025. Net sales for the first nine months of the current year amounted to $481.2 million, a 12.8 percent increase from the $426.5 million in sales for the same nine-month period of last year. In the third quarter of fiscal year 2026, we had income from operations of $10.8 million after depreciation of $5.1 million. The third fiscal quarter of the prior year generated income from operations of $8.3 million after depreciation of $4.9 million. Gross profit for the third quarter of fiscal 2026 was $29.0 million, or 16.1 percent of net sales, compared to $21.3 million, or 13.7 percent of net sales, for the third quarter of fiscal year 2025. Our income from operations for the first nine months of fiscal year 2026 was $20.3 million, after depreciation expense of $15.0 million. Income from operations in the first nine-month period of fiscal year 2025 was $7.6 million, after depreciation expense of $14.2 million. Gross profit for the first nine months of fiscal 2026 was $66.3 million, or 13.8 percent of net sales, compared to $44.8 million, or 10.5 percent of net sales for the same period in fiscal year