DMC Global (BOOM) Q4 2025 Earnings Call Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 23, 2026
AI-Generated Deep Dive Summary
DMC Global (BOOM) reported a 6% decline in Q4 2025 consolidated sales, driven by weaker demand in core oilfield and construction markets, totaling $143.5 million. The company’s net debt fell to $18.7 million, marking a 67% reduction from 2024 levels and the lowest since its 2021 Arcadia acquisition. However, this quarter saw mixed performance across segments: Arcadia sales dropped 5% year-over-year to $57 million, with high interest rates and labor costs weighing down results. DynaEnergetics sales remained flat at $68.9 million despite an 8% year-over-year increase, but its adjusted EBITDA turned negative at -$2.7 million due to significant tariffs and customer challenges in the North American oil and gas market.
NobelClad faced steep declines, with sales dropping 38% year-over-year to $17.7 million and EBITDA plunging 64% to $2.1 million. The segment’s backlog rose 28% year-over-year, but ongoing tariff uncertainties and reduced bookings throughout 2025 hindered performance. Tariffs impacted DynaEnergetics particularly hard, with Q4 payments exceeding $3 million and total tariffs since February reaching over $10 million. These expenses contributed to a consolidated adjusted net loss of $9.9 million, or -$0.50 per share, and negative EBITDA of -$1.6 million for the quarter.
Looking ahead, DMC Global expects Q1 2026 sales between $132 million and $138 million, with adjusted EBITDA projected between $2 million and $4 million. This guidance reflects ongoing macroeconomic pressures, including high input costs like aluminum, which rose 55% year-over-year for Arcadia, and severe weather disruptions. Despite these challenges, management highlighted strategic initiatives, such as DynaEnergetics’
Verticals
financeinvesting
Originally published on The Motley Fool on 2/23/2026