Sotera Health Q1 net income rises to $27M; Alton Shader named CEO effective May 26
Sotera Health reported first-quarter 2026 net revenues of $280.0 million, up 10.0% from a year earlier, and net income of $26.6 million, or $0.09 per diluted share, compared with a net loss of $13.3 million a year earlier. The company reaffirmed its 2026 outlook and said Alton Shader will become chief executive officer on May 26, 2026, succeeding Michael B. Petras, Jr., who becomes Executive Chairman.
Key points
- Q1 2026 net revenues were $280.0 million, up 10.0% from $254.5 million in Q1 2025, or 6.5% on a constant currency basis.
- Q1 2026 net income was $26.6 million, or $0.09 per diluted share, versus a net loss of $13.3 million, or $0.05 per share, in Q1 2025.
- The 2026 outlook was reaffirmed, including net revenues of $1.233 billion to $1.251 billion and Adjusted EBITDA of $632 million to $641 million.
- Alton Shader, currently CEO of Viant Medical, will become CEO effective May 26, 2026, with an annual base salary of $1,000,000; Petras becomes Executive Chairman.
The filing
Written by AI on Nov 8, 2026, 1:00 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 May 05, 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.