Hillman Solutions (NASDAQ:HLMN) reported record full-year 2025 net sales of $1.55 billion, an increase of 5.4% from 2024, driven by strength across its fastener, keys, and protective solutions categories, as well as contributions from merchandising innovations and expanded retail partnerships.
Adjusted EBITDA rose 13.9% to $275.3 million, reflecting margin expansion from cost discipline, supply chain efficiencies, and higher volumes in key product lines.
Net income for the year totaled $40.3 million, or $0.20 per diluted share, marking a significant improvement from prior-year levels as the company swung to profitability on an adjusted basis and benefited from lower interest expenses following debt reduction efforts.
The performance caps a year of strategic progress for Hillman, which has focused on enhancing its "Hillman Strong" initiatives, including digital merchandising tools, automated replenishment systems, and product innovation to capture share in the hardware aftermarket.
For 2026, Hillman provided guidance projecting net sales of $1.6 billion to $1.7 billion, implying growth of approximately 3.2% to 9.7% from 2025 levels (midpoint ~6.3%).
Adjusted EBITDA is expected in the range of $275 million to $285 million, while free cash flow is forecasted at $100 million to $120 million.