Quarter 4 2025 Financial Results

GUELPH, Ontario, March 19, 2026 (GLOBENEWSWIRE) -- Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the fourth quarter 2025.

QUARTERLY HIGHLIGHTS:

• Record annual sales of $898 million, a 13.9% increase versus 2024;
• Quarterly adjusted EBITDA of $38.7 million, or 15.2% of sales;
• Record annual adjusted EBITDA of $133.3 million, or 14.8% of sales;
• Quarterly adjusted earnings per share of $1.98. Earnings per share of $1.28;
• Annual adjusted earnings per share of $6.81. Earnings per share of $6.07;
• Backlog is 122% higher than Q4 2024

“HPS delivered a strong finish to 2025, with fourth quarter sales of $254.1 million and record annual sales of $898.3 million, an increase of 13.9% over 2024,” said Adrian Thomas, Chief Executive Officer of Hammond Power Solutions. “Growth was driven by continued strength in the U.S., particularly in private label and custom-engineered solutions supporting data centre expansion, infrastructure investment and industrial electrification. Custom and higher-value solutions continued to outpace standard products, reflecting sustained demand for resilient power systems.”

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