10-K · March 5, 2026
Preformed Line Products (PLPC) reported a stronger top-line year with implied 2025 revenue of $670.0M (sum of quarterly revenues) and an order backlog of $232.8M at 12/31/2025. The company emphasizes a…
Earnings analysis · 10-Q
PLPC earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Preformed Line Products (PLPC) reported Q1 2026 results showing strong revenue growth of 19% year-over-year to $176.3 million, although EPS increased by a modest 24% from Q4 2025 to $2.14. Despite these results, net…
Read full summary
Preformed Line Products (PLPC) reported Q1 2026 results showing strong revenue growth of 19% year-over-year to $176.3 million, although EPS increased by a modest 24% from Q4 2025 to $2.14. Despite these results, net income declined slightly to $10.5 million, impacted by rising expenses, primarily from higher personnel costs and taxes.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $2.14
- Segment
- PLP-USA
- Segment
- The Americas
- Segment
- EMEA
- Segment
- Asia-Pacific
What stood out
-
Strong YoY Revenue Growth
Net sales grew by $27.7 million, or 19%, from $148.5 million in Q1 2025 to $176.3 million in Q1 2026.
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Higher EPS Beats Expectations
Diluted EPS increased to $2.14, exceeding estimates by 17.6%.
-
Increased USA Segment Sales
Sales in the USA segment surged by 26% to $93.3 million, contributing significantly to overall growth.
-
Gross Profit Improvement
Gross profit rose to $55.2 million, a 14% increase compared to Q1 2025, despite rising costs.
-
Operating Cash Flow Increased
Operating cash flow was $6.0 million in Q1 2026, up from $5.7 million in Q1 2025.
-
Solid Liquidity Position Maintained
Cash and equivalents totaled $69.5 million, supporting operational flexibility.
What to watch
-
Decreased Net Income
Net income fell to $10.5 million from $11.6 million in Q1 2025, reflecting rising costs and tax expenses.
-
Increased Production Costs
Cost of goods sold rose $21.2 million, leading to pressure on gross and operating margins.
-
Higher Effective Tax Rate
Effective tax rate increased to 26%, up from 16%, impacting net income.
Management's outlook
No specific forward guidance provided.
Earlier filings 4
10-Q · May 2, 2025
Preformed Line Products reported quarterly net sales of $148,541,000 (up $7,637,000 or 5.4% YoY from $140,904,000) with gross profit rising to $48,671,000 and diluted EPS increasing to $2.33 from $1.94 in the prior-year…
10-Q · August 1, 2024
Preformed Line Products reported Q2 net sales of $138,720,000, down from $181,813,000 in Q2 2023, with operating income falling to $11,292,000 and diluted EPS to $1.89. The quarter showed meaningful margin compression…
10-Q · May 2, 2024
Preformed Line Products Company (PLPC) reported a decline in revenues and profitability for the first quarter of 2024, reflecting challenges such as reduced sales and increased costs. Net income fell to $9.6 million,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.