Core Insights - SIFCO Industries, Inc. (SIF) shares have increased by 68.7% since the earnings report for the quarter ended December 31, 2025, significantly outperforming the S&P 500 Index, which declined by 1.6% during the same period [1] Financial Performance - SIFCO reported net sales of $23.9 million for Q1 fiscal 2026, a 14.8% increase from $20.9 million in the same quarter last year [2] - The company achieved net income from continuing operations of $1.8 million, or $0.29 per diluted share, compared to a net loss of $2.4 million, or $(0.40) per diluted share, in the prior-year quarter [2] - EBITDA improved to $3.6 million from a loss of $0.8 million, while adjusted EBITDA rose to $3.9 million from a loss of $0.2 million a year earlier [2] Revenue Breakdown - Commercial revenue declined by 22.2% year over year to $8.7 million from $11.2 million, while military revenue increased by 57.3% year over year to $15.3 million from $9.7 million, indicating a shift towards defense programs [3] - Fixed-wing aircraft sales fell by 18.1% year over year, while rotorcraft revenue surged by 172.1%, driven by orders for programs like the UH-60 Black Hawk and CH-47 Chinook [4] - Commercial space revenue decreased by 53.1%, and energy components for power generation units dropped by 72.4%, whereas commercial product and other revenue rose by 138.7%, primarily due to munitions-related orders [4] Profitability and Cost Management - Gross profit increased to $5.2 million from $0.9 million in the prior-year quarter, attributed to higher throughput, favorable pricing, and an improved sales mix [5] - Cost of goods sold decreased by 5.9% to $18.8 million from $19.9 million, representing 78.4% of net sales compared to 95.6% in the previous year [5] - Selling, general, and administrative expenses fell by 6.8% to $2.6 million (11% of sales) from $2.8 million (13.6% of sales) [5] Balance Sheet and Liquidity - Operating cash flow turned positive at $8.1 million in Q1 fiscal 2026, compared to a use of $3.8 million in the prior-year period [6] - Cash and cash equivalents increased to $1.1 million as of December 31, 2025, from $0.5 million as of September 30, 2025 [6] - Total debt decreased to $2.9 million from $10.6 million at the end of fiscal 2025, partly due to significant reductions in revolver borrowings [6] Backlog and Market Outlook - Backlog stood at $139.5 million as of December 31, 2025, up from $121.9 million a year earlier, with recovery in aerospace markets cited as a key contributor [7] - Approximately $87.9 million of the remaining performance obligations are expected to be completed within the next 12 months [7] Management Commentary - Management attributed the improved financial performance to increased production throughput and lower fixed costs, noting strong demand and a stable order backlog across commercial and defense markets [8] - The shift towards military programs significantly influenced quarterly results, with military sales accounting for 63.8% of total net sales, up from 46.6% in the prior-year quarter [9] Future Investments - While SIFCO did not provide formal earnings guidance, it anticipates fiscal 2026 capital expenditures of $1 million to $2 million, primarily aimed at enhancing production capabilities and driving cost reductions [10] - Management expressed confidence that existing cash and available credit lines will be sufficient to fund operations and planned investments over the next 12 months [10] Strategic Developments - SIFCO completed the sale of its CBlade operations in October 2024, resulting in the cessation of its European manufacturing operations [11] - The first quarter of fiscal 2026 reflected no income from discontinued operations compared to $0.1 million in the prior-year quarter, highlighting SIF's focus on its core aerospace and defense forging business [11]

CLEVELAND--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its first quarter of fiscal 2026, which ended December 31, 2025. First Quarter Results Net sales in the first quarter of fiscal 2026 increased 14.8% to $24.0 million, compared with $20.9 million for the same period in fiscal 2025. Net income from continuing operations for the first quarter of fiscal 2026 was $1.8 million, or $0.29 per diluted share, compared with net loss of $2.4 millio. ...

Financial Performance - Net sales for the first quarter of fiscal 2026 increased by 14.8% to $24.0 million, compared to $20.9 million in the same period of fiscal 2025[8] - Net income from continuing operations for the first quarter of fiscal 2026 was $1.8 million, or $0.29 per diluted share, compared to a net loss of $2.4 million, or $(0.40) per diluted share, in the first quarter of fiscal 2025[8] - EBITDA for the first quarter of fiscal 2026 was $3.6 million, compared to $(0.8) million in the first quarter of fiscal 2025[8] - Adjusted EBITDA for the first quarter of fiscal 2026 was $3.9 million, compared to Adjusted EBITDA of $(0.2) million in the first quarter of fiscal 2025[8] - Management indicated that increased production throughput and lower fixed costs were the main drivers of improved financial performance for the quarter[4] Assets and Liabilities - Total current assets increased to $37.8 million as of December 31, 2025, compared to $35.1 million as of September 30, 2025[10] - Total assets increased to $74.9 million as of December 31, 2025, compared to $73.4 million as of September 30, 2025[10] - Total shareholders' equity rose to $38.7 million as of December 31, 2025, compared to $36.9 million as of September 30, 2025[10] - Current liabilities decreased slightly to $22.0 million as of December 31, 2025, from $22.2 million as of September 30, 2025[10] Market Demand - The order backlog remains stable in both commercial and defense end markets, indicating strong demand for SIFCO's products[4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-05978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) | Ohio | 34-0553950 | | --- | --- | | (State or oth ...

Core Insights - Uber Technologies is experiencing significant turnover in its finance leadership, with CFO Prashanth Mahendra-Rajah set to step down on February 16, 2026, after joining the company in November 2023 [1][2] - Balaji Krishnamurthy, who has been with Uber since 2019 and led strategic finance since 2023, will succeed Mahendra-Rajah as CFO [1][4] - The company has had three CFOs in just over three years, reflecting a trend of increasing demands on CFO roles in Fortune 500 companies [5] Leadership Transition - Mahendra-Rajah will continue with Uber as a senior finance advisor to CEO Dara Khosrowshahi until July 1, 2026, and his departure will be treated as a qualifying termination under Uber's executive severance plan [2] - Khosrowshahi praised Mahendra-Rajah for his contributions, including achieving investment-grade status and initiating the first share repurchase program [3] Strategic Focus - Krishnamurthy's appointment comes as Uber accelerates its ambitions in autonomous vehicles and robotaxis, with a partnership with Waabi to deploy at least 25,000 robotaxis [6] - Khosrowshahi stated that Uber is entering 2026 with a rapidly growing topline and significant cash flow, aiming to become the largest facilitator of autonomous vehicle trips globally [7] Financial Performance - Uber reported Q4 2025 results showing 200 million monthly users and a 20% year-over-year revenue growth to $14.4 billion, marking its largest consumer base [7] - However, Q1 2026 guidance for gross bookings is projected between $52 billion and $53.5 billion, with adjusted EBITDA expected to be between $2.37 billion and $2.47 billion, which fell short of Wall Street expectations [7] Market Outlook - Wedbush Securities maintained a Neutral rating on Uber and reduced its price target to $75, citing concerns that investors may overestimate Uber's long-term advantage as autonomous vehicles scale [8] - The firm estimates that 30% of Uber's U.S. mobility bookings and 25% of profits are at risk due to potential disruption from competitors like Waymo and Tesla [8]

Core Insights - SIFCO Industries, Inc. has experienced a 14.3% decline in stock price over the past three months, underperforming the industry and major indices [1][7] - The company announced promising fourth-quarter fiscal 2025 results, showing year-over-year revenue growth and reduced losses from continuing operations [2] - Demand for SIFCO's products remains solid, particularly in aerospace and defense, despite ongoing supply-chain challenges [3][9] Financial Performance - In the fiscal fourth quarter, SIFCO reported improved operating performance due to higher sales volumes and margin expansion, which helped offset fixed costs [2] - The company's trailing 12-month EV/Sales ratio is 0.4X, significantly lower than the industry average of 15.2X, indicating potential undervaluation [13] Market Dynamics - SIFCO's core markets, particularly military and commercial aerospace, are supported by increased defense spending and a recovery in aircraft production, contributing to sustained order flow [9] - Operational improvements from cost-reduction initiatives and enhanced manufacturing efficiency have strengthened margins and overall execution [10] Supply Chain and Operational Challenges - Despite improvements in raw-material availability, SIFCO continues to face supply-chain delays, particularly with extended lead times affecting production schedules [11][12] - The company is highly dependent on a limited number of large aerospace and defense customers, making it sensitive to changes in order timing and funding [12] Investment Outlook - The recent decline in SIFCO's stock price may be more reflective of market sentiment than a deterioration in business fundamentals, as demand and operational improvements remain stable [15] - The stock's current valuation presents an opportunity for upside if the company can effectively convert its backlog into revenue [16]

Core Insights - Aerospace and defense manufacturers are facing challenges such as uneven program funding, high input and labor costs, and pressure from OEMs for improved execution and reliability [1] - CPI Aerostructures, Inc. (CVU) focuses on complex structural assemblies and serves as both a supplier and prime contractor, while SIFCO Industries, Inc. (SIF) specializes in forgings and machined components with a vertically integrated manufacturing approach [1][2] Company Performance - Over the past three months, SIF has underperformed with a decline of 22.9%, while CVU has seen an increase of 52.8%. However, in the past year, SIF has rallied 52.3% compared to CVU's loss of 5% [3] - SIF is currently trading at a trailing 12-month EV/S ratio of 0.37X, above its five-year median of 0.26X, while CVU's forward sales multiple is at 0.89X, above its last five-year median of 0.64X [4] Factors Driving SIFCO's Stock - SIFCO's stock is benefiting from stronger demand in aerospace and defense markets, with solid year-over-year sales growth in military and commercial aircraft programs [5] - The company is implementing a margin-improvement strategy focused on cost reduction and selective price increases, leading to improved profitability [6] - SIFCO has streamlined its operations to focus on its core aerospace forging business, enhancing alignment with long-term growth goals [7] Factors Driving CPI Aerostructures' Stock - CPI Aerostructures is gaining from its exposure to long-duration defense and electronic warfare programs, securing production work on established military platforms [8] - The company's dual role as a Tier 1 supplier and prime contractor allows it to engage across multiple layers of the aerospace supply chain, expanding its opportunities [9] - Recent operational improvements have stabilized investor sentiment, with enhanced execution and cost management supporting profitability [10] Investment Outlook - Current analysis suggests that SIFCO Industries presents a more attractive risk-reward profile compared to CPI Aerostructures, despite CVU's recent strong performance [11][13] - SIFCO's stock, while having rallied, has pulled back recently, trading at a low sales multiple relative to CVU and the broader aerospace sector, indicating potential for greater upside [14]

Core Viewpoint - SIFCO Industries, Inc. has experienced a decline in stock price following its earnings report, with a notable loss of 8.2% compared to the S&P 500's gain of 1.4% during the same period [1] Financial Performance - For Q4 fiscal 2025, SIFCO's net sales increased by 5.3% year-over-year to $22.8 million, while the loss from continuing operations narrowed to $0.5 million, or $(0.08) per diluted share, compared to a loss of $1.4 million, or $(0.24) per diluted share, in the previous year [2] - The total net loss for the quarter was $429,000, slightly improved from $443,000 a year ago, with EBITDA at $1.1 million, down 15.7% from $1.3 million [2] - For the full fiscal year, net sales rose by 6.5% to $84.8 million, and the loss from continuing operations improved significantly to $0.9 million, or $(0.15) per diluted share, from a loss of $8.6 million, or $(1.44) per diluted share, in fiscal 2024 [3] Profitability Metrics - Gross profit for Q4 declined by 5.6% to $2.2 million despite higher sales, indicating margin pressure [4] - For fiscal 2025, gross profit increased by 76.9% to $10.6 million, raising gross margin to 12.5% from 7.5% due to higher volumes and improved pricing [5] - Selling, general and administrative (SG&A) expenses decreased by 6.6% to $10.4 million, contributing to an operating income of $0.2 million compared to an operating loss of $5.2 million a year earlier [5] Revenue Mix and Market Performance - Fixed-wing aircraft revenue increased by $9.6 million to $51.4 million, while Rotorcraft sales remained flat at $17.1 million [6] - Commercial space revenue declined sharply by $8.2 million to $5 million, attributed to reduced procurement activity [6] - Military net sales accounted for 56.5% of total net sales in fiscal 2025, up from 47.6% in fiscal 2024, while commercial net sales represented 43.5% [7] Management Insights - Management highlighted progress in margin improvement and strong demand in military and commercial aerospace markets, with a backlog of $119.2 million at the end of fiscal 2025 [8] - The company emphasized a focus on cost reduction, selective price increases, and scaling production to meet customer needs [8] Factors Influencing Financial Results - The year-over-year improvement was supported by higher sales volumes, improved gross margins, and a net Employee Retention Credit (ERC) benefit totaling $3.3 million [10][11] - Interest expense declined by 45.3% due to reduced average debt balances, contributing to the improved loss from continuing operations [11] Future Outlook - SIFCO did not provide formal quantitative guidance for fiscal 2026 but expressed confidence in demand trends and plans for capital expenditures between $1 million and $2 million to enhance production capabilities [12] Structural Changes - The sale of SIFCO's European operations, specifically the Italian forging and manufacturing business, has been presented as discontinued operations, affecting comparability [13]

Core Viewpoint - Sifco Industries Inc. reported a narrower net loss for the fourth quarter, driven by reduced losses from continuing operations and improved sales compared to the previous year [1][2]. Financial Performance - The quarterly net loss narrowed to $429K, or $0.08 per share, compared to a loss of $443K, or $0.24 per share, in the prior year [1]. - Loss from continuing operations was $491K, significantly improved from a loss of $1.407 million a year ago [1]. Sales Performance - Net sales for the fourth quarter increased by 5 percent to $22.81 million, up from $21.67 million a year ago [2]. - Current share price is $6.78, reflecting an increase of 0.13 points or 1.96 percent from the previous close of $6.64 [2].

Core Insights - SIFCO Industries, Inc. reported financial results for the fourth quarter and fiscal year 2025, showing improvements in sales and reductions in net losses compared to the previous year [1][4][7]. Fourth Quarter Highlights - Net sales for the fourth quarter of fiscal 2025 increased by 5% to $22.8 million, up from $21.7 million in the same period of fiscal 2024 [7]. - The net loss from continuing operations for the fourth quarter was $0.5 million, or $(0.08) per diluted share, an improvement from a net loss of $1.4 million, or $(0.24) per diluted share, in the fourth quarter of fiscal 2024 [7]. - EBITDA for the fourth quarter was $1.1 million, compared to $0.8 million in the fourth quarter of fiscal 2024 [7]. - Adjusted EBITDA for the fourth quarter was $1.8 million, up from $0.8 million in the same quarter of fiscal 2024 [7]. Fiscal Year 2025 Highlights - Net sales for fiscal 2025 increased by 6% to $84.8 million, compared to $79.6 million in fiscal 2024 [7]. - The net loss from continuing operations for fiscal 2025 was $0.9 million, or $(0.15) per diluted share, significantly improved from a net loss of $8.6 million, or $(1.44) per diluted share, in fiscal 2024 [7]. - EBITDA for fiscal 2025 was $6.0 million, compared to $(0.7) million in fiscal 2024 [7]. - Adjusted EBITDA for fiscal 2025 was $5.7 million, up from $0.8 million in fiscal 2024 [7]. Other Highlights - The company has focused on capitalizing on market opportunities while improving margins through cost reductions and selective price increases [4]. - Strong demand in military and commercial aerospace markets contributed to financial improvements [4]. - The customer backlog stood at $119.2 million at the end of fiscal year 2025, indicating positive future demand for forging solutions [4].