Ascent Industries posted Q2 2026 net sales of $25.7 million, up 37.6% year over year.
Net income turned to $0.7 million, with diluted EPS at $0.07.
GAAP gross profit rose 14% to $5.5 million, while gross margin fell 4.47 percentage points to 21.6%.
Non-GAAP adjusted EBITDA swung to $1.5 million from a loss, with margin at 5.7%.
Acquisition contribution
Midwest Graphic Sales acquisition added $1.9 million in net sales and $0.3 million in adjusted EBITDA; back-office integration finished a quarter early.