Compass Diversified Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Income from continuing operations $23.2 million, versus $86.7 million loss
- ➤Subsidiary Adjusted EBITDA excluding divested assets $89.7 million, up 12.9%
- ➤2026 Subsidiary Adjusted EBITDA outlook tightened to $330 million-$355 million
- ➤Total debt $1,571.7 million, down from $1,890.7 million at year-end
- ➤Nearly $30 million from Lugano distribution applied to senior secured debt
Expert Statements
Elias Sabo, Chief Executive Officer of Compass Diversified
“Our third-quarter results demonstrate the strength of our businesses and the durability of CODI’s diversified model”
Elias Sabo, Chief Executive Officer of Compass Diversified
“Our teams delivered while continuing to advance our strategic priorities.”
Zach Sawtelle, Chief Operating Officer of Compass Diversified
“Our consumer businesses delivered an outstanding third quarter, with Adjusted EBITDA increasing 28% year-over-year, led by The Honey Pot, BOA and PrimaLoft.”
Zach Sawtelle, Chief Operating Officer of Compass Diversified
“The Honey Pot and Arnold each more than doubled Adjusted EBITDA, while BOA and PrimaLoft grew 22% and 28%, respectively.”
Zach Sawtelle, Chief Operating Officer of Compass Diversified
“Our priorities remain clear: drive profitable growth, generate cash for debt reduction and pursue divestitures where we can realize attractive value.”
Zach Sawtelle, Chief Operating Officer of Compass Diversified
“As we reduce leverage, we will evaluate opportunities to return capital to shareholders when appropriate.”
Zach Sawtelle, Chief Operating Officer of Compass Diversified
“We are focused on disciplined execution and a capital allocation strategy that delivers long-term value for shareholders.”
* Income from Continuing Operations of $23.2 million, compared with a loss of $86.7 million in the prior-year period * Subsidiary Adjusted EBITDA excluding divested assets was $89.7 million, up 12.9% year-over-year WESTPORT, Conn., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today its consolidated operating results for the three and nine months ended September 30, 2026 and filed its Quarterly Report on Form 10-Q for the period.
“Our third-quarter results demonstrate the strength of our businesses and the durability of CODI’s diversified model,” said Elias Sabo, Chief Executive Officer of Compass Diversified. “Our teams delivered while continuing to advance our strategic priorities.”
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