CSW Industrials (NYSE:CSWI) reported strong financial results for its fiscal 2026 third quarter ended December 31, 2025, driven primarily by strategic acquisitions and solid underlying performance.
Revenue reached $233 million, increasing 20.3% year-over-year and setting a new quarterly record.
Adjusted EBITDA also hit a quarterly record at $44.8 million, up 6.6% year-over-year.
GAAP earnings per share were $0.62, while adjusted EPS came in at $1.42.
During the period under review, the company completed the $650 million acquisition of MARS Parts, further expanding its portfolio of industrial maintenance, repair, and operations solutions.
Elsewhere, net debt stood at $764.2 million at quarter-end, resulting in a net leverage ratio of 2.3x, remaining comfortably within the company’s target range of 1x to 3x.
For the fiscal year-to-date, revenue totaled $773.6 million, up 19.4% year-over-year, while adjusted EBITDA reached $186.5 million, increasing 10.9%.