Acme United Corporation reported a modest increase in net sales for the fiscal year ending December 31, 2025, reaching $196.5 million, up from $194.5 million in 2024. This 1% growth was primarily driven by strong sales in first aid and medical products, which now account for approximately 66% of total sales. However, the U.S. segment experienced a slight decline of 1% due to lower sales of school and office products, attributed to customer order cancellations amid tariff uncertainties. In contrast, sales in Canada surged by 14%, while European sales rose by 8% in U.S. dollars, reflecting a 4% increase in local currency.
The company's gross profit for 2025 was $77.4 million, representing a slight increase from $76.4 million in the previous year, maintaining a gross margin of 39.4%. Operating income also improved to $14.7 million, up from $14.1 million in 2024, with increases noted across all segments, particularly in Canada. Selling, general, and administrative expenses rose marginally to $62.7 million, accounting for 31.9% of net sales, a slight decrease from 32.0% in 2024. Net income for the year was reported at $10.2 million, compared to $10.0 million in the prior year, resulting in basic earnings per share of $2.69.
Strategically, Acme United has made significant moves to enhance its product offerings and operational capacity. In 2025, the company acquired a line of cutting and sharpening tools in Germany, contributing approximately $0.5 million in sales. Additionally, the acquisition of Elite First Aid in May 2024 has expanded its portfolio in tactical and emergency response products. The company also introduced new first aid bar code scanning technology to streamline inventory replenishment and ensure compliance with OSHA standards. Furthermore, Acme United invested in robotics across its manufacturing facilities to improve productivity and is in the process of automating its Spill Magic powder manufacturing.
Operationally, Acme United employed 649 individuals as of December 31, 2025, with no union representation. The company continues to focus on enhancing its workforce diversity and providing competitive compensation and benefits. The company’s liquidity position remains strong, with approximately $53 million available under its $65 million credit facility, which has been extended to May 31, 2027. Looking ahead, Acme United anticipates continued growth through strategic acquisitions and organic expansion, despite potential challenges posed by inflationary pressures and geopolitical uncertainties affecting global supply chains.
About ACME UNITED CORP
Acme United Corporation is a leading supplier of innovative first aid, medical products, and cutting technology, targeting diverse markets including schools, homes, and industries. Key offerings include first aid kits, scissors, and sharpening tools. With a strong market presence in North America and Europe, Acme is capitalizing on a growing demand for safety products. Recent initiatives include the acquisition of Elite First Aid and the launch of SmartCabinet 2.0, enhancing compliance and efficiency.
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