Company: NPO
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048610
Chunk: 16

Company: Enpro Inc.
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 8
Chunk 16
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 are the same as those for Enpro.

Other expense in the table above represents other expense (non-operating) on our Consolidated Statements of Operations for the respective periods presented.

28

Third Quarter of 2025 Compared to the Third Quarter of 2024

Sales of $286.6 million in the third quarter of 2025 increased 9.9% from $260.9 million last year. The following table summarizes the impact of foreign currency on segment sales:

SalesPercent Change Quarter Ended September 30, 2025 vs. Quarter Ended September 30, 2024increase/(decrease)OrganicForeignCurrencyTotalEnpro Inc.9.1 %0.8 %9.9 %Sealing Technologies4.4 %1.2 %5.7 %Advanced Surface Technologies17.3 %— %17.3 %

Discussion of year-over-year operating performance for each segment for the third quarter of 2025: 

Sealing Technologies. Sales of $178.2 million in the third quarter of 2025 increased 5.7% compared to $168.6 million in the same period of 2024. Excluding foreign exchange translation ($2.0 million), sales were up 4.4%, or $7.5 million. Strength in aerospace and food and pharmaceutical demand, firm aftermarket  performance in general industrial and commercial vehicle, and strategic pricing and mix ($7.5 million) more than offset continued softness in the commercial vehicle OEM market, tepid industrial demand in Europe and Asia, and timing of the nuclear deliveries year-over-year. 

Adjusted Segment EBITDA of $57.4 million in the third quarter of 2025 increased 4.2% from $55.1 million in the third quarter of 2024. Segment AEBITDA margin narrowed slightly to 32.2% in the third quarter of 2025 from 32.7% last year. Excluding foreign exchange translation ($0.6 million), adjusted Segment EBITDA increased 3.1%, or $1.7 million. Strong segment sales performance was partially offset by higher headcount and personnel-related costs supporting growth initiatives ($3.3 million).

Advanced Surface Technologies. Sales of $108.5 million in the third quarter of 2025 increased 17.3% or $16.0 million compared to sales of $92.5 million in the same period last year. Continued growth in precision