ESAB Corporation (ESAB) Earnings: Q3 2026 Results

The quarter ended October 2, 2026 and ESAB published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. ESAB reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Core adjusted diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• ESAB's fiscal third quarter ended October 2, 2026; the year-ago quarter ended October 3, 2025.
• GAAP EPS here is diluted EPS from continuing operations, the figure ESAB leads with. Including a loss from discontinued operations, net income per diluted share was $0.58, against $0.90 a year earlier.
• ESAB's core measures exclude its Russia business, which had net sales of $37.7 million in Q3 2026. ESAB acquired Eddyfi on June 1, 2026, which added $62.8 million of net sales in the quarter.

Source: ESAB Q3 2026 results (Form 8-K, Exhibit 99.1), November 4, 2026. Also in the Form 10-Q for the quarter ended October 2, 2026. Figures as reported; checked against the release on November 10, 2026.

How ESAB splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• ESAB's Americas revenue was $337 million in Q3 2026, up 15% from $293 million in Q3 2025, 41% of total revenue.
• ESAB's EMEA & APAC revenue was $487 million in Q3 2026, up 12% from $435 million in Q3 2025, 59% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, ESAB said:

“ESAB has updated its full-year 2026 outlook, which now projects total core sales growth of 13.1% to 13.3%, compared with the previous guidance of 11.0% to 14.0%.”

“Within this growth, core organic sales growth is now expected to be 1.6% to 2.0%, down from the prior range of 2.0% to 4.0%.”

“As a result, the company has adjusted its core adjusted EBITDA forecast to a range of $603 million to $607 million, down from the previous $615 million to $625 million.”

“The outlook for core adjusted EPS has been adjusted to a range of $5.28 to $5.33, from the prior $5.40 to $5.50.”

Source: ESAB Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the ESAB forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS from continuing operations, each as first reported in that quarter's earnings release.

We do not hold a confirmed date for ESAB's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

ESAB makes cutting and welding equipment, consumables, gas control equipment, robotics and digital tools for fabrication, and reports two geographic segments. In Q3 2026 net sales were a record $824.5 million, up 13.3%: EMEA & APAC brought in $487.2 million and the Americas $337.3 million. Consumables were $474.0 million of sales and equipment $350.5 million, up from $249.9 million a year earlier. (ESAB Form 10-K, 2025, Feb 20, 2026; ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026; ESAB Form 10-Q, Q3 2026, Nov 4, 2026)

Acquisitions drove most of ESAB's growth in Q3 2026. They added $77.3 million, or 10.6%, and currency added 0.8%, while organic sales rose 1.9%. The Eddyfi inspection and monitoring business, acquired on June 1, 2026 for about $1.5 billion net of cash, contributed $62.8 million of net sales in the quarter, and the 10-Q also names EWM GmbH among the acquisitions adding sales. (ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026; ESAB Form 10-Q, Q3 2026, Nov 4, 2026)

ESAB's organic gain of $13.9 million came from $18.7 million of customer pricing increases, partly offset by a $4.8 million drop in volume. The 10-Q says pricing was largely driven by higher materials costs from tariffs in the Americas and rising oil prices, and that volume fell in South America, Mexico and the Middle East while rising in the United States, Canada and Asia. (ESAB Form 10-Q, Q3 2026, Nov 4, 2026)

ESAB reports core figures that exclude Russia, where net sales were $37.7 million in Q3 2026 against $40.4 million a year earlier. Core sales were $786.8 million, up 14.5%, with core organic growth of 2.3%: 0.8% in the Americas and 3.4% in EMEA & APAC. (ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

ESAB earned GAAP diluted EPS from continuing operations of $0.61 in Q3 2026, against $1.04 a year earlier, while core adjusted diluted EPS was $1.30, against $1.32. The largest adjustment was $39.9 million of acquisition amortization and related charges ($0.63 per share), which includes $31.2 million of amortization of intangibles and fair value step-up on acquired inventories and $8.8 million of transaction, diligence and integration expenses. Restructuring charges added $0.18 per share. (ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

ESAB's financing for the Eddyfi deal raised its interest costs. Interest expense and other, net rose $12.9 million because of higher average debt, and the deal was funded partly with 5.625% senior notes due 2031 and a private placement of $175.0 million of mandatory convertible preferred stock (MCPS) carrying a 6.50% dividend. MCPS dividends of $2.8 million reduced income attributable to common stockholders. The effective tax rate was 23.9%, against 21.3%. (ESAB Form 10-Q, Q3 2026, Nov 4, 2026; ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

ESAB gives a full-year outlook in its release and updated it on November 4, 2026. It now projects core sales growth of 13.1% to 13.3%, core organic growth of 1.6% to 2.0% (down from 2.0% to 4.0%), core adjusted EBITDA of $603 million to $607 million (down from $615 million to $625 million) and core adjusted EPS of $5.28 to $5.33 (down from $5.40 to $5.50). (ESAB Q3 2026 earnings release (Form 8-K, Exhibit 99.1), Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover ESAB, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones ESAB's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning ESAB is on is ESAB a buy or a sell?, what analysts expect next is on the ESAB forecast, and what the company does is on the ESAB Corporation (ESAB) stock page.

Every number on this page can be traced to a document ESAB published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.