NPK Q2 2026: Net income +208% to $15.9M on tariff refunds, Defense growth, and warehouse sale

Filed August 14, 2026 · Period ending July 5, 2026 · Compared to 10-Q Aug 8, 2025 · ~2 min read

Key Changes

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  Net income rose 207.9% to $15.9M in Q2 2026 (vs. $5.2M in Q2 2025) on a Supreme Court-ordered tariff refund ($2.2M recognized in Q2, $7.6M post-quarter), Defense sales growth (+27% to $127M), and a $1.7M warehouse-sale gain. Operating income jumped 218% to $19.4M.

  MD&A: Operating Results; Notes: Tariff Refunds verify on EDGAR →
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  NPK committed $38.1M to expand its Tech Ord facility in South Dakota to support production.

  Notes: Defense Backlog & Construction Commitments verify on EDGAR →
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  Housewares gross profit swung from $480K (Q2 2025) to $4.7M (Q2 2026) on the tariff refund, but sales fell 6% on lower unit shipments tied to the new Nettleton warehouse startup. YTD warehouse-transition costs totaled $2.4M.

  MD&A: Housewares Segment verify on EDGAR →