H.B. Fuller reported third-quarter 2026 net revenue of $938 million, up 5.2% from a year earlier, as pricing added 7.4 percentage points and more than offset lower volume. Organic revenue rose 4.4%.
Adjusted EBITDA climbed 9% to $187 million, while adjusted EBITDA margin improved to 19.9% from the prior year’s level, a gain of 80 basis points. Gross margin was 33.2%, and adjusted gross margin reached 33.5%, up 120 basis points year over year.
Net income was $79 million. Reported diluted earnings per share came in at $1.44, while adjusted diluted EPS was $1.52, up 21% from a year ago.
Selling, general and administrative expense was $198 million, with adjusted SG&A at $183 million, up 8% from last year but down 7% sequentially from the second quarter.
For the first nine months of the year, cash flow from operations reached $183 million, up 17% year over year. Net debt was $1.957 billion, roughly flat from a year ago, but net debt-to-adjusted EBITDA improved to 3.0x from 3.3x at the end of the third quarter last year.
Net working capital rose to 18.5% of annualized net revenue, up 150 basis points year over year, driven by inventory investments. Today the company's shares have moved -1.68% to a price of $50.21. If you want to know more, read the company's complete 8-K report here.
