Strong Revenue Growth
UFP Technologies reported a 37% revenue growth with 5% organic growth in Q2 2025. Adjusted operating income increased by 35%, and adjusted EPS grew by 27%.
Medical Business Expansion
The medical business grew by 46%, with notable growth in robotic-assisted surgery by 7% and other markets like patient services, interventional and surgical, and wound care each growing over 48%.
Significant Customer Growth
Revenue from the largest customers, Intuitive Surgical and Stryker, grew by 10% and 567%, respectively.
Strategic Acquisitions
Two acquisitions were made: UNIPEC and Techno Plastics Industries (TPI), both expected to be accretive in the first year and acquired at attractive multiples.
Operational Cash Flow and Debt Reduction
The company generated $25.3 million in cash from operations and paid down approximately $19 million in debt, ending the quarter with a leverage ratio well below 1.5x.