NPK International (NPKI)
NYSE:NPKI
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.12Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum: robust revenue growth (Q4 +31% YoY, FY +27% YoY), significant rental fleet expansion, marked profitability improvement (Q4 adjusted EBITDA $22M; FY EBITDA margin +200 bps), successful ERP rollout and a strategic UK acquisition. Management provided constructive 2026 guidance and committed to continued fleet investment and manufacturing capacity planning. Key negatives include margin pressure from elevated cross‑rental costs, service revenue softness, product‑sales timing volatility, sector concentration in power transmission, and a modest year‑end cash balance after acquisition and capex activity. Overall, the positive operational and financial progress and forward guidance outweigh the manageable challenges.Company Guidance
Quarterly and Annual Revenue Growth
Q4 total revenues increased 9% sequentially and 31% year‑over‑year; full year 2025 revenue was $277 million, up 27% YoY.
Strong Rental Performance
Full year rental revenues were $124 million, up 39% YoY (37% organic, 2% from the Grassform acquisition); Q4 rental and service revenues hit an all‑time quarterly high of $50 million, with rental revenues up 18% sequentially and 35% YoY.
Profitability Expansion
Q4 adjusted EBITDA was $22 million, representing a 41% sequential and 27% YoY improvement; full year adjusted EBITDA margin expanded to 27.3%, up more than 200 basis points year‑over‑year; adjusted EPS improved ~83% YoY for the year.
Product Sales Strength
Product sales remained robust, contributing $25 million in Q4 (up 4% sequentially and 62% YoY for Q4) and growing ~30% YoY for the full year, with >80% of product sales to utility customers.
Fleet and CapEx Investment
Net investment of $37 million in 2025 expanded the DURA‑BASE rental fleet by ~16%; ended year with ~215,000 composite mats (including ~20,000 from Grassform); 2026 net CapEx guidance of $45–$55 million (including $35–$45M for fleet) to grow fleet low‑to‑mid‑teens %.
Operational Scale and Manufacturing Progress
Total production volumes increased >15% YoY as the company moved toward 24/7 production; ERP conversion rolled out across legacy operations, enabling expected future overhead efficiencies.
Strategic M&A and UK Expansion
Completed acquisition of Grassform Plant Hire in November; Grassform contributed ~$2 million of Q4 revenues and strengthens NPK's UK worksite access capabilities; integration reported as proceeding smoothly.
Solid Cash Generation and Financial Flexibility
Generated $73 million of operating cash flow in 2025 and $18 million in Q4; ended year with $5 million cash, $17 million debt (net debt $12 million) and $139 million available on the credit facility; returned capital via repurchasing ~4% of shares at an average $6.70.
2026 Financial Guidance
Provided 2026 guidance of $305–$325 million in revenues and $88–$100 million adjusted EBITDA (midpoint implies ~14% revenue growth and ~25% adjusted EBITDA growth vs 2025); expected Q1 rental & service growth of ~20% YoY and gross margin in the mid‑30s.
NPKI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NPKI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $14.30 | $14.89 | +4.13% |
Oct 30, 2025 | $13.44 | $12.30 | -8.48% |
Aug 05, 2025 | $8.89 | $9.00 | +1.24% |
May 01, 2025 | $6.04 | $7.59 | +25.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NPK International (NPKI) report earnings?
NPK International (NPKI) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is NPK International (NPKI) earnings time?
NPK International (NPKI) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NPKI EPS forecast?
NPKI EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.