10-Q

Quarterly report

✓ VerifiedMaterion's quarterly report shows net sales up $129.5 million to $549.8 million, driven mostly by precious-metal pass-through pricing, with value-added sales up 1% to $261.8 million on aerospace and semiconductor volume.

Summary

  • Net sales of $549.8 million increased from $420.3 million, with approximately $132.6 million of the increase from higher precious metal pass-through costs.
  • Value-added sales of $261.8 million rose 1%, on aerospace and defense volume up 12% and semiconductor up 7%, offset by consumer electronics down 44%.
  • Gross margin was $81.8 million, up 7%, and 31% of value-added sales against 29% a year earlier.
  • Restructuring charges were $2.3 million across segments.
Value-added sales
$261.8 million, up 1%
From the filing for Value-added sales
Value-added sales of $261.8 million in the first quarter of 2026 increased $2.4 million, or 1%
A&D volume
up 12%
From the filing for A&D volume
volume increase in the aerospace and defense (12%) and semiconductor (7%) end markets

Strip out metal pass-through and the real story is aerospace and semis carrying the mix.

Filed
Apr 29, 2026
Accepted
2026-04-29 19:47Z
Period
Apr 3, 2026
Accession no.
0001104657-26-000029
Size
9.1 MB