Burnham Holdings, Inc. Reports Third Quarter 2026 Financial Results
PR Newswire•22/10/2026•10:49 ET
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Key Highlights
- ➤Q3 net sales $74.6 million, up 27.9% year over year
- ➤Q3 adjusted net income $2.1 million, or $0.44 per diluted share
- ➤Q3 adjusted EBITDA $6.8 million, with margin improving to 9.2%
- ➤New $130.0 million revolving credit facility announced in August 2026
- ➤2027 launches planned for new high-efficiency and condensing products
Expert Statements
Chris Drew, President and CEO of Burnham Holdings
“Our third-quarter sales growth, margin improvement and strong profitability demonstrate the strength of our go to market strategy”
Chris Drew, President and CEO of Burnham Holdings
“Looking ahead, our product development investments are focused on expanding our core portfolio, with a focus on developing new high efficiency and condensing products for residential and commercial customers that we plan to launch in 2027.”
Chris Drew, President and CEO of Burnham Holdings
“In addition, at the request of our current customer base, we are adding chilled water buffer tanks for data center cooling systems to our offerings.”
Chris Drew, President and CEO of Burnham Holdings
“Together, these initiatives build on our boiler and thermal solutions expertise and create additional opportunities for growth.”
Burnham Holdings, Inc. Reports Third Quarter 2026 Financial Results PR Newswire
Higher sales and improved margins strengthen third quarter results
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