ESAB Corp
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −1.04%.
Did ESAB Beat Earnings? Q3 2025 Results
ESAB Corporation delivered a strong third quarter of fiscal 2025, posting adjusted EPS of $1.32 against a consensus estimate of $1.27, a beat of 3.71%, while revenue of $727.85 million topped the $665.07 million estimate by 9.44% and grew 8.1% year-over-year. The headline driver behind the outperformance was the completion of the EWM acquisition, which bolstered ESAB's Equipment and Automation portfolio and contributed meaningfully to reported sales growth, even as core organic growth returned to positive territory at 2% excluding Russia and foreign exchange effects. Mid-single-digit growth in the U.S. market, aided by easing tariff uncertainty, complemented continued strength across EMEA and APAC. Wall Street has maintained a buy rating on the stock, with analysts lifting price targets following the results. Management responded to the momentum by raising its full-year 2025 outlook, increasing total core sales growth guidance to 4.5% to 5.5% and lifting core adjusted EBITDA guidance to $535 million to $540 million, with core adjusted EPS now guided to a narrowed range of $5.20 to $5.30.
- Return to positive core organic growth of 2%
- Equipment and Automation portfolio growth up mid-single-digit
- U.S. business returned to mid-single-digit growth as tariff uncertainties abated
- Strong demand from high-growth markets in EMEA and APAC
- Acquisition contributions including EWM
“ESAB delivered a strong quarter on robust execution, with growth in our Equipment and Automation portfolio and from recent acquisitions. Our U.S. business returned to mid-single-digit growth as tariff uncertainties abated, and our EMEA and APAC businesses continued to see strong demand from high-growth markets.”
ESAB CEO, on the earnings call
Forward Guidance & Outlook
ESAB raised its full-year 2025 outlook: total core sales growth of 4.5% to 5.5% (up from 1.5% to 3.5%), comprising core organic sales growth of ~1.0%, M&A contribution of ~4.5%, and FX impact of (1.0)% to 0.0%. Core adjusted EBITDA guidance increased to $535–$540 million from $525–$535 million. Core adjusted EPS was narrowed to $5.20–$5.30 from $5.15–$5.30. Management is launching new initiatives to accelerate growth and margins through year-end.
ESAB YoY Financials
ESAB Revenue by Segment
ESAB Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.