The Elmet Group
Supplies precision-engineered components and high-energy systems through two industrial divisions.
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Profile
Supplies precision-engineered components and high-energy systems through its Critical Materials Components and Engineered Microwave Products divisions. The recently listed holding company combines materials expertise with high-power microwave capabilities for aerospace, defense, industrial, medical, semiconductor, electronics, and energy customers.
Critical Materials Components and Engineered Microwave Products form the operating platform. Together they provide precision-engineered components and advanced high-energy systems for aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy markets. The divisions serve interconnected markets where demanding performance requirements shape component and system design in extreme environments.
The listed parent was incorporated in 2024 to own Elmet Technologies and Microwave Techniques, becoming their parent after a later reorganization. Its operating identity rests on engineering capability for extreme environments and stringent performance requirements, linking materials components with high-power microwave systems.
Company facts
Categories
Key statistics
Year to date −6.8% · Average volume (30d) 354.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | $0.06 | $0.18 | +217.6% | $58.1M | $66.4M | +14.2% | +1.30% |
| May 29, 2026Q1 FY26 | −$0.18 | $0.23 | +227.8% | $56.6M | — | — | +24.02% |
Financial highlights
| 5 quarters | — | Q4 FY24 | Q1 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | $46.9M | $46.4M | $55.0M | $56.0M | $66.4M | |
| Gross profit | — | $9.1M | $8.3M | $11.2M | $11.5M | $16.6M | |
| Operating income | — | $2.4M | $2.9M | −$10.1M | $1.9M | −$7.6M | |
| Net income | — | $5.5M | $1.2M | −$6.6M | −$338.0K | −$4.5M | |
| Diluted EPS | — | $0.00 | $0.04 | $0.00 | −$0.01 | −$0.16 | |
| Gross margin | — | 19.3% | 17.9% | 20.3% | 20.6% | 25.0% | |
| Operating margin | — | 5.0% | 6.3% | -18.3% | 3.3% | -11.5% |
Revenue by geography · Q2 FY26
Balance sheet, Jul 3, 2026Cash & short-term investments $71.0M · Total debt $22.8M · Total assets $284.2M · Shareholders' equity $187.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 29.98M · Float 9.64M · 32.2% free float
A Form 4 total here can count shares the filer formally disclaims — an award voted by proxy, for instance — which the holder's own Schedule 13D/G excludes, so where the two disagree the schedule's smaller figure is used.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Peter V. Anania | 10.80M | 36.03% | 13G | Apr 29, 2026 |
| Anania & Associates Investment Company, LLC · 10 percent owner | 5.40M | 18.00% | Form 4 | Jun 1, 2026 |
| Schott George P. · 10 percent owner | 5.10M | 17.01% | Form 4 | May 4, 2026 |
| Needham Investment Management LLC | 2.64M | 8.80% | 13F | Aug 14, 2026 |
| Scott W. Knoll · director, officer: Executive Vice President | 1.55M | 5.18% | Form 4 | May 22, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 22, 2026 | Kimberly Monzeglio Anania | director | +7,000 | $14.00 |
| Apr 22, 2026 | Kathie Merrill Leonard | director | +5,000 | $14.00 |
Peers
- Teledyne Technologies
High-power microwave and RF subsystems for defense and industry
- Kratos Defense & Security Solutions
Microwave electronics for radar, missile defense and space systems
- L3Harris Technologies
RF transmitters and radar and electronic-warfare systems
- MACOM Technology Solutions
High-power RF and microwave amplifiers for defense and industry
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| The Elmet Group | $17.12 | +2.51% | $498.9M | — | 29.3 | 2.2 | — |
| Teledyne Technologies | $621.96 | +0.02% | $28.83B | 30.0 | 24.4 | 4.5 | +9.8% |
| Kratos Defense & Security Solutions | $52.02 | +0.02% | $9.75B | 305.2 | 54.5 | 6.4 | +30.5% |
| L3Harris Technologies | $262.82 | +0.01% | $48.94B | 26.5 | 21.3 | 2.1 | +8.4% |
| MACOM Technology Solutions | $262.56 | −1.05% | $20.24B | 85.3 | 32.2 | 17.4 | +35.8% |
| Median | 57.7 | 28.3 | 5.5 | +20.2% |






