Madison Air posts strong Q3 2026 results, raises full‑year outlook and announces ebm‑papst acquisition
Madison Air Solutions reported third‑quarter 2026 net sales of $1,126.7 million, up 25.4% year‑over‑year, and net income of $107.4 million, up 89.1%. Adjusted EBITDA reached $298.3 million, a rise of 18.6%, while the backlog grew to $3.187 billion, up 119.3%. The company lifted its full‑year net‑sales and adjusted‑EBITDA guidance and said the prospective acquisition of ebm‑papst remains on track to close shortly after year‑end. It also disclosed a $2.25 billion private placement to fund growth.
Why it matters
The raised guidance signals higher expected revenue and cash generation for the full year, which could improve earnings forecasts (the company said it raised its outlook). The pending ebm‑papst deal expands Madison Air’s technology portfolio and may create synergies, while the private placement adds substantial liquidity for acquisitions or investments.
Key facts
- 1Net sales were $1,126.7 million, up 25.4% YoY. prnewswire.com
- 2Net income was $107.4 million, up 89.1% YoY, with a net‑income margin of 9.5%. prnewswire.com
- 3Adjusted EBITDA was $298.3 million, up 18.6% YoY, with an adjusted EBITDA margin of 26.5%. prnewswire.com
- 4Backlog reached $3,187.2 million, up 119.3% YoY. prnewswire.com
- 5Full‑year net‑sales guidance was raised to $4,050‑$4,125 million (previously $3,825‑$3,925 million). prnewswire.com
- 6The company announced a prospective acquisition of ebm‑papst, expected to close soon after year‑end. prnewswire.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.