L.B. Foster Q2 FY26: Net income +9.7% to $3.1M on lower taxes despite revenue -3.5%, operating income -20%

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~1 min read

Key Changes

• high

  Tew Exit: company discontinued unprofitable UK product lines, incurring $2.3M in exit costs (inventory write-downs, personnel, other) in Q2 2026; expects to complete remaining customer obligations by 2027.

  Notes: Tew Exit Restructuring view on EDGAR →
• high

  Infrastructure backlog fell 25% to $104.7M due to a 2025 order cancellation in Steel Products (backlog -41%) and a 17% decline in Precast; Rail backlog rose 8% to $141.4M on a large UK order.

  MD&A: Backlog verify on EDGAR →
• medium

  Debt declined $33.6M to $48.0M (from $81.6M a year earlier) and available funding capacity rose to $107.5M (from $72.3M), reflecting operating cash generation and lower working-capital needs.

  MD&A: Debt & Liquidity verify on EDGAR →