DMC Global Inc.

DMC Global Inc. Earnings Recaps

BOOM Energy 1 recap
Q3 2025 Nov 6, 2025

DMC reported a solid third quarter, highlighted by a significant 47% reduction in net debt, while adjusted EBITDA surged 51% year-over-year despite challenging market conditions.

Key takeaways
  • Consolidated sales of $151.5 million, a slight decline of 1% year-over-year, with adjusted EBITDA reaching $8.6 million.
  • Arcadia's sales increased 7% year-over-year to $61.7 million, supported by improved operational efficiencies.
  • DynaEnergetics experienced a sequential sales increase of 3% to $68.9 million, with adjusted EBITDA of $4.9 million, marking a recovery from breakeven in the prior year.
  • NobelClad secured a historic $20 million order for a large international project, contributing to a 53% increase in backlog to $57 million.
  • Fourth quarter guidance projects sales between $140 million and $150 million, with adjusted EBITDA expected in the range of $5 million to $8 million, reflecting ongoing macroeconomic challenges.
Full recap