Compx International Inc.: Q2 FY2026 earnings call

What management said about Q2 FY2026, from the documents filed with the SEC on 4 August 2026: press release. The quarter’s numbers.

Key takeaways

Second-quarter sales and operating income rose: Net sales were $43.6 million against $40.3 million a year earlier. Operating income was $8.9 million against $6.3 million. Source
Second-quarter net income and EPS rose: Net income was $7.2 million, or $.59 per share, against $5.5 million, or $.44 a year earlier. Source
Six-month sales reached $84.2 million: Net sales for the six months ended June 30, 2026, were $84.2 million against $80.6 million a year earlier. Source
Security Products sales rose across markets: Higher Security Products sales in healthcare, transportation, tool storage and distributor markets lifted net sales in the quarter and year to date. Source
Second-quarter gains led by Security: Second-quarter operating income gains came predominantly from Security Products sales and gross margin, with a smaller contribution from Marine Components. Source
First-quarter gain from Security mix: First-quarter operating income rose mainly on higher Security Products gross margin, which the release attributed to a more favorable customer and product mix.

“Second quarter and year-to-date 2026 net sales increased over the comparable 2025 periods”
Compx International Inc., press release

Second-quarter results

Second-quarter sales and operating income rose: Net sales were $43.6 million against $40.3 million a year earlier. Operating income was $8.9 million against $6.3 million. Source
Second-quarter net income and EPS rose: Net income was $7.2 million, or $.59 per share, against $5.5 million, or $.44 a year earlier. Source
Operating income rose in both periods: The company said operating income increased in the second quarter and in the first six months, compared with the same 2025 periods. Source

Six-month results

Six-month sales reached $84.2 million: Net sales for the six months ended June 30, 2026, were $84.2 million against $80.6 million a year earlier. Source
Six-month operating income increased: Operating income for the first six months was $16.0 million against $12.2 million a year earlier. Source
Six-month net income and EPS rose: Six-month net income was $13.1 million, or $1.06 per share, against $10.6 million, or $.86 a year earlier. Source

“due to higher sales and gross margin predominantly at the Security Products segment and to a lesser extent the Marine Components segment”
Compx International Inc., press release

Sales by market

Security Products sales rose across markets: Higher Security Products sales in healthcare, transportation, tool storage and distributor markets lifted net sales in the quarter and year to date. Source
Marine Components sales rose in industrial: Marine Components sales rose in the second quarter, the company said, with growth coming from industrial-market sales. Source
First-quarter Security sales were lower: In the first quarter, Marine Components sales growth was partly offset by lower Security Products sales.

Margin drivers

Second-quarter gains led by Security: Second-quarter operating income gains came predominantly from Security Products sales and gross margin, with a smaller contribution from Marine Components. Source
First-quarter gain from Security mix: First-quarter operating income rose mainly on higher Security Products gross margin, which the release attributed to a more favorable customer and product mix.
Marine added less in first quarter: In the first quarter, Marine Components added to operating income to a lesser extent, through higher sales.

First-quarter comparison

First-quarter net sales rose: First-quarter net sales were $40.6 million against $40.3 million a year earlier.
First-quarter net income and EPS: First-quarter net income was $5.9 million, or $.48 per share, against $5.1 million, or $.42 a year earlier.
First-quarter operating income versus prior year: First-quarter operating income was $7.1 million, against $5.9 million a year earlier.

Company profile and headcount

Business described as security and marine: The company describes itself as a manufacturer of security products and recreational marine components. Source
Headcount about 590 in second quarter: The employee count in the second-quarter release was approximately 590. Source
Headcount about 560 in first quarter: The first-quarter release gave approximately 560 employees, so headcount rose between the two releases.

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

COMPX REPORTS SECOND QUARTER 2026 RESULTS

DALLAS, TEXAS … August 4, 2026 … CompX International Inc. (NYSE American: CIX) announced today net sales of $43.6 million for the second quarter of 2026 compared to $40.3 million in the same period of 2025. Operating income was $8.9 million in the second quarter of 2026 compared to $6.3 million in the same period of 2025. Net income was $7.2 million, or $.59 per basic and diluted common share, for the second quarter of 2026 compared to $5.5 million, or $.44 per basic and diluted common share, in the same period of 2025.

For the six months ended June 30, 2026, net sales were $84.2 million compared to $80.6 million in the previous year. Operating income was $16.0 million for the first six months of 2026 compared to $12.2 million for the same period in 2025. Net income for the six months ended June 30, 2026, was $13.1 million, or $1.06 per basic and diluted common share, compared to $10.6 million, or $.86 per basic and diluted common share, for the same period in 2025.

Second quarter and year-to-date 2026 net sales increased over the comparable 2025 periods due to higher Security Products sales across a variety of markets including the healthcare, transportation, tool storage and distributor markets and higher Marine Components sales to the industrial market. Operating income increased in the second quarter and for the first six months of 2026 compared to the same periods in 2025 due to higher sales and gross margin predominantly at the Security Products segment and to a lesser extent the Marine Components segment.

CompX is a leading manufacturer of security products and recreational marine components. It operates from three locations in the U.S. and employs approximately 590 people.

Forward-Looking Statements

The statements in this press release relating to matters that are not historical facts are forward-looking statements that represent management’s belief and assumptions based on currently available information. Although we believe the expectations reflected in such forward-looking statements are reasonable, we cannot give any assurances that these expectations will be correct. Such statements, by their nature, involve substantial risks and uncertainties that could significantly impact expected results, and actual future results could differ materially from those predicted. While it is not possible to identify all factors, we continue to face many risks and uncertainties.

The factors that could cause our actual future results to differ materially include, but are not limited to, the following:

Future supply and demand for our products;
Changes in our raw material and other operating costs (such as zinc, brass, aluminum, steel and energy costs), including as a result of additional or changed tariffs on imported raw materials, and our ability to pass those costs on to our customers or offset them with reductions in other operating costs;
Price and product competition from low-cost manufacturing sources (such as China);
The impact of pricing and production decisions;
Customer and competitor strategies including substitute products;
Our ability to retain key customers;
Uncertainties associated with new product development and the development of new product features;
Pending or possible future litigation (such as litigation related to our use of certain permitted chemicals in our production process) or other actions;
Our ability to protect or defend our intellectual property rights;
Decisions to sell operating assets other than in the ordinary course of business;
Environmental matters (such as those requiring emission and discharge standards for existing and new facilities);
The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform;
Government laws and regulations and possible changes therein including new environmental, health and safety, sustainability or other regulations;
General global economic and political conditions that disrupt our supply chain, reduce demand or perceived demand for component products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, natural disasters, terrorist acts, global conflicts and public health crises);
Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises);
The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes (including tariffs imposed by the U.S. government on imports from China and Mexico);
Technology related disruptions (including, but not limited to, cyber attacks; software implementation, upgrades or improvements; technology processing failures; or other events) related to our technology infrastructure that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; and
Possible disruption of our business or increases in the cost of doing business resulting from terrorist activities or global conflicts.

Should one or more of these risks materialize (or the consequences of such development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those currently forecasted or expected. We disclaim any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise.

SUMMARY OF CONSOLIDATED OPERATIONS

(Unaudited)

(In millions, except per share amounts)

	Three months ended				Six months ended
	June 30,				June 30,
	2025		2026		2025		2026
Net sales		$40.3		$43.6		$80.6	$84.2
Cost of sales		27.4		28.1		55.5	55.4
Gross margin		12.9		15.5		25.1	28.8
Selling, general and administrative expense		6.6		6.6		12.9	12.8
Operating income		6.3		8.9		12.2	16.0
Interest income		.9		.6		1.7	1.3
Income before income taxes		7.2		9.5		13.9	17.3
Income tax expense		1.7		2.3		3.3	4.2
Net income		$5.5		$7.2		$10.6	$13.1
Basic and diluted net income per common share	$	.44	$	.59	$	.86	$1.06
Weighted average diluted common shares outstanding		12.3		12.3		12.3	12.3

Contacts
Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700
COMPX INTERNATIONAL INC.