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NPK International Appoints James Barton as EVP, Commercial Growth & Operations
NPK International announced the appointment of James "JJ" Barton as Executive Vice President, EVP, Commercial Growth & Operations, effective September 22, 2026. Barton succeeds Lori Briggs, who will depart from her role as Executive Vice President, Business Operations effective September 14, 2026. Barton most recently served as President of Clear Water Services, a wholly owned subsidiary of Tidal Vision.
NPK International Reports Q2 Revenue of $81.6M, Exceeding Expectations
Reports Q2 revenue $81.6M, consensus $78.88M. "We are pleased with the strong financial results for the second quarter of 2026, reflecting consistent execution by our team members across the organization, continued momentum in our core power transmission markets, and efficient margin realization," stated Matthew Lanigan, President and CEO of NPK International. "During the second quarter, we successfully navigated the demobilization of several large-scale projects and delivered 20% year-over-year revenue growth, highlighted by another quarter of record rental revenue and robust demand for product sales, while adjusted EBITDA grew 37%. Supported by sustained market strength and an ongoing focus on operational excellence, we are well positioned for continued strength in the second half of 2026 and have raised our full year earnings guidance."
Raises FY26 Adjusted EBITDA Outlook to $97M-$103M
Consensus $317.24M. Raises FY26 adjusted EBITDA view to $97M-$103M frorm $88M-$100M. Raises FY26 CapEx view to $65M-$80M from $45M-$55M.
Adjusted EBITDA Expected at $92M-$102M
Sees adjusted EBITDA $92M-$102M, CapEx $75M-$90M.
NPK International Reports Q1 Revenue of $75.07M
Reports Q1 revenue $75.07M, consensus $73.08M. "We were very pleased with our strong first quarter 2026 results, further building on the sustained momentum we experienced during 2025," stated Matthew Lanigan, President and CEO of NPK International. "First quarter revenue increased 16% year-over-year, driven by another record quarter of rental and services revenues and strong product demand from utility customers. The environment for power transmission spending remains robust, as evident by our sustained strength in rental fleet utilization, improved pricing, and strong quoting activity.
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