SIFCO Industries, Inc. ('SIFCO') Announces Second Quarter and First Half of Fiscal 2026 Financial Results

Published: 2026-05-11 10:25:10 ET SIF

Published on 05/11/2026 at 10:25 am EDT

CLEVELAND - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its second quarter and first half of fiscal 2026, which ended March 31, 2026.

Second Quarter Results

Net sales in the second quarter of fiscal 2026 increased 39.0% to $26.4 million, compared with $19.0 million for the same period in fiscal 2025.

Net income from continuing operations for the second quarter of fiscal 2026 was $2.7 million, or $0.43 per diluted share, compared with net loss of $1.3 million, or $(0.22) per diluted share, in the second quarter of fiscal 2025. Results from discontinued operations for the second quarter of fiscal 2026 was $0.0 million, or $0.00 per diluted share, compared with net loss from discontinued operations of $0.1 million, or $(0.01) per diluted share, in the second quarter of fiscal 2025.

EBITDA was $3.7 million in the second quarter of fiscal 2026, compared with $0.4 million in the second quarter of fiscal 2025.

Adjusted EBITDA in the second quarter of fiscal 2026 was $4.8 million, compared with Adjusted EBITDA of $(0.2) million in the second quarter of fiscal 2025.

First half Results

Net sales in the first six months of fiscal 2026 increased 26.3% to $50.4 million, compared with $39.9 million for the same period in fiscal 2025.

Net income from continuing operations for the first six months of fiscal 2026 was $4.4 million, or $0.72 per diluted share, compared with net loss of $3.7 million, or $(0.62) per diluted share, in the first six months of fiscal 2025. There was no results from discontinued operations for the first six months of fiscal 2026, compared with nominal net income from discontinued operations, or $0.01 per diluted share, in the first six months of fiscal 2025.

EBITDA was $7.3 million in the first six months of fiscal 2026, compared with $(0.4) million in the first six months of fiscal 2025.

Adjusted EBITDA in the first six months of fiscal 2026 was $8.7 million, compared with Adjusted EBITDA of $(0.4) million in the first six months of fiscal 2025.

Other Highlights

'Management's continued focus on engineering, quality, and continuous improvement is driving meaningful gains in efficiency, cost control, and throughput. While labor availability for skilled roles remains a constraint, recent hiring, training, and retention initiatives are improving workforce stability and supporting operational progress. Despite ongoing global uncertainty, demand for our products remains strong, driving growth in SIFCO's backlog,' said CEO, George Scherff.

Use of Non-GAAP Financial Measures

The Company uses certain non-GAAP measures in this release. EBITDA and Adjusted EBITDA are non-GAAP financial measures and are intended to serve as supplements to results provided in accordance with accounting principles generally accepted in the United States. SIFCO Industries, Inc. believes that such information provides an additional measurement and consistent historical comparison of the Company's performance. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is available in this news release.

Forward-Looking Language

Certain statements contained in this press release are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions, competition and other uncertainties the Company, its customers, and the industry in which they operate have experienced and continue to experience, detailed from time to time in the Company's Securities and Exchange Commission filings. For a discussion of such risk factors and uncertainties, see Item 1A, 'Risk Factors' in the Company's Annual Report on Form 10-K for the year ended September 30, 2025 and other reports filed by the Company with the Securities & Exchange Commission.

The Company's Form 10-K for the year ended September 30, 2025 and other reports filed with the Securities & Exchange Commission can be accessed through the Company's website: www.sifco.com, or on the Securities and Exchange Commission's website: www.sec.gov.

SIFCO Industries, Inc. is engaged in the production of forgings and machined components primarily for the aerospace and energy markets. The processes and services include forging, heat-treating, coating, and machining.

Because of these limitations, EBITDA and Adjusted EBITDA should not be considered as measures of discretionary cash available to the Company to invest in the growth of its businesses. Management compensates for these limitations by not viewing EBITDA or Adjusted EBITDA in isolation and specifically by using other GAAP measures, such as net income (loss), net sales, and operating income (loss), to measure operating performance.

Contact:

Eric B. Shultz

Tel: 216-881-8600