UFPT

MKT CAP:$2B

UFP Technologies, Inc.

Market Cap

$2B

Healthcare·Medical - Devices·🇺🇸 United States·NASDAQ

Healthcare·Medical - Devices·🇺🇸·NASDAQ

Stock Price

$195.27-$28.13 (-12.59%)

Apr 24, 2026

Company Details

UFP Technologies, Inc. designs and custom manufactures components, subassemblies, products, and packaging utilizing specialized foams, films, and plastics primarily for the medical market. Its single-use and single-patient devices and compo...

CEO

R. Jeffrey Bailly

IPO Date

Dec 17, 1993

Website

www.ufpt.com

Key Metrics TTM

Revenue

$603M

+19.5% YoY

Net Income

$68M

EPS (Diluted)

$8.77

Free Cash Flow

$79M

Revenue / Share

$77.24

Gross Margin

28.3%

Operating Margin

15.3%

Net Margin

11.3%

FCF Margin

13.1%

P/S

2.5x

P/E

22.3x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 27, 2026

$603M+19.5%EPS $8.77

Q4 2025

Feb 27, 2026

$149M+3.4%EPS $2.24

Q3 2025

Nov 7, 2025

$155M+6.5%EPS $2.11

Q2 2025

Aug 11, 2025

$151M+37.2%EPS $2.21

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$71M	$17M	$6M
Q2 22	$94M	$24M	$12M
Q3 22	$97M	$26M	$26M
Q4 22	$91M	$23M	$11M
Q1 23	$98M	$29M	$13M
Q2 23	$100M	$30M	$17M
Q3 23	$101M	$28M	$15M
Q4 23	$101M	$26M	$13M
Q1 24	$105M	$30M	$16M
Q2 24	$110M	$33M	$18M
Q3 24	$145M	$42M	$25M
Q4 24	$144M	$42M	$22M
Q1 25	$148M	$42M	$23M
Q2 25	$151M	$44M	$24M
Q3 25	$155M	$43M	$23M
Q4 25	$149M	$42M	$22M

Valuation

Quarter	P/S	P/E
Q1 22	2.1x	29.6x
Q2 22	2.2x	29.4x
Q3 22	2.1x	18.2x
Q4 22	2.5x	21.2x
Q1 23	2.6x	20.9x
Q2 23	3.9x	30.2x
Q3 23	3.1x	29.3x
Q4 23	3.1x	27.7x
Q1 24	4.7x	40.2x
Q2 24	5.3x	44.8x
Q3 24	5.3x	44.8x
Q4 24	3.6x	31.1x
Q1 25	2.8x	24.5x
Q2 25	3.2x	28.3x
Q3 25	2.6x	23.1x
Q4 25	3.0x	26.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$3M	-$6M
Q2 22	$3M	-$3M
Q3 22	-$109.0K	-$2M
Q4 22	$18M	$15M
Q1 23	$2M	-$456.0K
Q2 23	$9M	$6M
Q3 23	$18M	$15M
Q4 23	$13M	$10M
Q1 24	$11M	$9M
Q2 24	$12M	$9M
Q3 24	$20M	$18M
Q4 24	$24M	$21M
Q1 25	$14M	$11M
Q2 25	$25M	$22M
Q3 25	$36M	$33M
Q4 25	$17M	$13M

Capital Expenditures

Quarter	CapEx
Q1 22	$2M
Q2 22	$6M
Q3 22	$2M
Q4 22	$3M
Q1 23	$2M
Q2 23	$3M
Q3 23	$3M
Q4 23	$3M
Q1 24	$2M
Q2 24	$3M
Q3 24	$2M
Q4 24	$3M
Q1 25	$3M
Q2 25	$3M
Q3 25	$3M
Q4 25	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+46.6%	+49.8%
Q2 22	+86.2%	+84.8%
Q3 22	+91.2%	+55.6%
Q4 22	+61.9%	+55.4%
Q1 23	+37.2%	+30.9%
Q2 23	+6.0%	+1.0%
Q3 23	+3.9%	+20.8%
Q4 23	+11.2%	+10.5%
Q1 24	+7.4%	+4.9%
Q2 24	+10.1%	+11.1%
Q3 24	+44.0%	+40.4%
Q4 24	+41.9%	+37.2%
Q1 25	+41.1%	+40.3%
Q2 25	+37.2%	+37.5%
Q3 25	+6.5%	+9.0%
Q4 25	+3.4%	+4.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$692.0K	1.0%
Q2 22	$781.0K	0.8%
Q3 22	$897.0K	0.9%
Q4 22	$838.0K	0.9%
Q1 23	$1M	1.1%
Q2 23	$1M	1.2%
Q3 23	$1M	1.2%
Q4 23	$1M	1.2%
Q1 24	$2M	1.4%
Q2 24	$2M	1.6%
Q3 24	$2M	1.1%
Q4 24	$2M	1.4%
Q1 25	$2M	1.5%
Q2 25	$2M	1.5%
Q3 25	$0	0.0%
Q4 25	$2M	1.6%

OpEx Breakdown

Quarter	SG&A
Q1 22	$10M
Q2 22	$12M
Q3 22	$12M
Q4 22	$12M
Q1 23	$13M
Q2 23	$12M
Q3 23	$12M
Q4 23	$13M
Q1 24	$14M
Q2 24	$14M
Q3 24	$16M
Q4 24	$19M
Q1 25	$19M
Q2 25	$19M
Q3 25	$19M
Q4 25	$21M

Revenue Segments

Quarter	Engineering and Development	Product	Tooling and Machinery
Q2 25	$2M	$149M	$302.0K
Q3 25	$2M	$152M	$712.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$4M	$0	$4M
Q2 22	$6M	$0	$6M
Q3 22	$10M	$0	$10M
Q4 22	$4M	$0	$4M
Q1 23	$7M	$0	$7M
Q2 23	$5M	$0	$5M
Q3 23	$6M	$0	$6M
Q4 23	$5M	$0	$5M
Q1 24	$11M	$0	$11M
Q2 24	$17M	$0	$17M
Q3 24	$16M	$0	$16M
Q4 24	$13M	$0	$13M
Q1 25	$14M	$0	$14M
Q2 25	$15M	$0	$15M
Q3 25	$18M	$0	$18M
Q4 25	$20M	$0	$20M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	8M	-0.1%	+0.8%
Q2 22	8M	-0.3%	+0.5%
Q3 22	8M	+0.4%	+0.5%
Q4 22	8M	+0.7%	+0.7%
Q1 23	8M	-0.1%	+0.7%
Q2 23	8M	+0.1%	+1.1%
Q3 23	8M	+0.2%	+0.9%
Q4 23	8M	+0.0%	+0.3%
Q1 24	8M	+0.3%	+0.7%
Q2 24	8M	+0.2%	+0.8%
Q3 24	8M	+0.2%	+0.8%
Q4 24	8M	+0.3%	+1.1%
Q1 25	8M	-0.2%	+0.5%
Q2 25	8M	-0.0%	+0.3%
Q3 25	8M	+0.1%	+0.1%
Q4 25	8M	+0.3%	+0.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$39.0K	2K
Q2 22	$51.6K	2K
Q3 22	$53.0K	2K
Q4 22	$34.2K	3K
Q1 23	$36.7K	3K
Q2 23	$37.5K	3K
Q3 23	$37.8K	3K
Q4 23	$38.1K	3K
Q1 24	$39.4K	3K
Q2 24	$41.3K	3K
Q3 24	$54.5K	3K
Q4 24	$34.7K	4K
Q1 25	$35.7K	4K
Q2 25	$36.5K	4K
Q3 25	$37.3K	4K
Q4 25	$30.7K	5K

Revenue / Employee