Alpha Pro Tech, Ltd. reported a notable increase in financial performance for the second quarter of 2026, with net sales reaching $18.7 million, a 12% rise from $16.7 million in the same period last year. For the first half of 2026, the company generated $33.3 million in revenue, up 9.1% from $30.5 million in the first half of 2025. The increase in sales was driven by growth in both the Building Supply and Disposable Protective Apparel segments, with the latter experiencing a significant 24.9% increase in sales, attributed to strong demand and higher selling prices.
The company's gross profit for the second quarter was $7.0 million, reflecting a gross margin of 37.4%, compared to 36.8% in the prior year. This increase was partially influenced by a recovery of previously paid tariffs under the International Emergency Economic Powers Act (IEEPA), which contributed $294,000 to gross profit. Excluding this impact, gross profit still increased by 9% year-over-year. Net income for the quarter was $1.8 million, or $0.18 per share, compared to $1.2 million, or $0.12 per share, in the same quarter of 2025.
In terms of operational metrics, Alpha Pro Tech's cash and cash equivalents rose to $18.9 million as of June 30, 2026, up from $17.0 million at the end of 2025. The company also reported a current ratio of 17:1, indicating strong liquidity. Accounts receivable increased by 36.8% to $11.1 million, reflecting higher sales, while inventory decreased by 21% to $18.7 million, attributed to reduced purchases in response to high tariff rates. The company’s employee headcount remained stable, supporting its operational needs without significant changes.
Strategically, Alpha Pro Tech continues to focus on expanding its product offerings in the roofing market to enhance its competitive position. The company is also monitoring ongoing trade policy developments, particularly regarding tariffs, which could impact its cost structure and supply chain. Looking ahead, management anticipates continued growth in both segments, although uncertainties in the housing market and broader economic conditions may pose challenges.
Overall, Alpha Pro Tech's financial results for the second quarter of 2026 demonstrate a solid performance amid a challenging market environment, with strategic initiatives aimed at sustaining growth and navigating potential risks associated with trade policies and market fluctuations.
About ALPHA PRO TECH LTD
Alpha Pro Tech, Ltd. specializes in protective apparel and building supply products, focusing on safety and environmental protection. Its key offerings include disposable garments and construction weatherization materials. Targeting the industrial, medical, and construction markets, the company aims to capitalize on growing demand for safety products. Significant initiatives include innovative product development and a commitment to sustainability, supported by manufacturing facilities in the U.S. and a joint venture in India.
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