ESAB

ESAB Q2 2025 Earnings

Reported Aug 6, 2025 at 6:32 AM ET · SEC Source

Q2 25 EPS

$1.36

BEAT +1.03%

Est. $1.35

Q2 25 Revenue

$715.6M

BEAT +5.99%

Est. $675.2M

vs S&P Since Q2 25

-41.6%

TRAILING MARKET

ESAB -22.8% vs S&P +18.8%

Market Reaction

Did ESAB Beat Earnings? Q2 2025 Results

ESAB Corporation posted a solid second-quarter beat on both the top and bottom lines, with adjusted EPS of $1.36 edging past the $1.35 consensus estimate by 1.03% and revenue of $715.59 million clearing expectations by 5.99% while rising 1.2% year ov… Read more ESAB Corporation posted a solid second-quarter beat on both the top and bottom lines, with adjusted EPS of $1.36 edging past the $1.35 consensus estimate by 1.03% and revenue of $715.59 million clearing expectations by 5.99% while rising 1.2% year over year. The standout driver behind the quarter was a record core adjusted EBITDA margin of 20.4%, expanding 30 basis points versus the prior year, a testament to the company's EBX operating system holding firm even as the Americas segment absorbed an 8.7% sales decline tied to tariff-related demand pressure. That weakness was offset by EMEA and APAC, where sales climbed 9.0% to $432.90 million on a combination of organic growth, acquisition contributions, and favorable currency tailwinds. Active on the M&A front, ESAB completed two acquisitions during the quarter and signed an agreement to acquire Germany's EWM GmbH, reinforcing its compounder strategy. Management lifted full-year 2025 core adjusted EPS guidance to $5.15 to $5.30 and raised core adjusted EBITDA guidance to $525 to $535 million, citing improved foreign exchange assumptions and higher acquisition contributions.

Key Takeaways

  • Record core adjusted EBITDA margin of 20.4%, up 30 basis points year-over-year
  • Robust demand in EMEA and APAC markets
  • EBX (ESAB Business Excellence) system helped navigate tariff-related pressures in Americas
  • Acquisitions contributed 3.0% to total sales growth
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ESAB YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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ESAB Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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ESAB Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“ESAB delivered another quarter of record core adjusted EBITDA margins, reflecting the consistent performance of our team and the resilience of our global operating model. Robust demand in EMEA and APAC enabled us to sustain momentum, while our Americas team navigated tariff-related pressures successfully using EBX.”

— Shyam P. Kambeyanda, Q2 2025 Earnings Press Release