Compass Diversified Q3 net income rises to $21.5 million; GAAP revenue falls 10.5%
Compass Diversified reported third-quarter 2026 results, with net income attributable to Holdings of $21.5 million, or $0.06 per share, compared with a net loss of $74.0 million a year earlier. GAAP net revenues fell 10.5% to $422.9 million, while non-GAAP net revenues rose 0.8% after excluding divested and deconsolidated businesses. The company also tightened its 2026 Subsidiary Adjusted EBITDA outlook to $330 million to $355 million, with the midpoint unchanged, and began consent solicitations for two senior note series that expire November 12, 2026.
Key points
- Q3 2026 net income attributable to Holdings was $21.5 million, or $0.06 per share, versus a net loss of $74.0 million, or $1.21 per share, in Q3 2025.
- GAAP net revenues were $422.9 million, down 10.5%; non-GAAP net revenues rose 0.8%, with Branded Consumer up 4.3% and Industrial down 5.2%.
- Subsidiary Adjusted EBITDA excluding divested assets was $89.7 million, up 12.9%.
- 2026 Subsidiary Adjusted EBITDA outlook tightened to $330 million to $355 million, with higher Branded Consumer expectations and lower Industrial expectations; consent solicitations for the 5.250% notes due 2029 and 5.000% notes due 2032 ex
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.