UFP Technologies Q1 net income rises 35% to $17.2 million; sales up 41%
UFP Technologies reported first-quarter 2025 results, with net sales of $148.1 million, up 41.1% from $105.0 million a year earlier, and net income of $17.2 million, or $2.21 per diluted share, versus $1.64 in the first quarter of 2024. Organic sales growth was 2.3%, and gross margin edged down to 28.5% from 28.6%. The press release does not include financial guidance.
Key points
- Net sales rose 41.1% to $148.1 million for the quarter ended March 31, 2025, from $105.0 million; medical market sales rose 50.4% to $135.4 million.
- Net income rose 35.4% to $17.2 million, and diluted EPS was $2.21 versus $1.64 a year earlier.
- Organic sales growth was 2.3%, and gross margin was 28.5% versus 28.6% in the first quarter of 2024.
- Long-term debt, excluding current installments, was $170.3 million at March 31, 2025, down from $176.9 million at December 31, 2024.
The filing
Written by AI on Nov 8, 2026, 6:56 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 07, 2025.
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