v3.26.1
CONSOLIDATED AND COMBINED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 217,491 $ 185,863
Trade receivables, less allowance for credit losses of $22,538 and $21,765 554,147 451,298
Inventories, net 581,541 481,765
Prepaid expenses 84,482 66,103
Other current assets 90,802 76,876
Total current assets 1,528,463 1,261,905
Property, plant and equipment, net 389,848 381,876
Goodwill 2,746,209 1,949,702
Intangible assets, net 1,372,088 673,006
Lease assets - right of use 143,382 113,310
Other assets 382,621 386,295
Total assets 6,562,611 4,766,094
Long-Term Debt, Current Maturities 5,940 2,412
CURRENT LIABILITIES:    
Accounts payable 407,428 360,391
Accrued liabilities 365,639 301,986
Total current liabilities 779,007 664,789
Long-term debt 2,391,350 1,232,540
Other liabilities 808,037 657,236
Total liabilities 3,978,394 2,554,565
Equity:    
6.50% Series A Mandatory Convertible Preferred Stock, 175,000 shares issued and outstanding at July 3, 2026; no shares issued or outstanding at December 31, 2025 171,097 0
Common stock - $0.001 par value - 600,000,000 shares authorized, 62,167,669 and 60,721,079 shares outstanding as of July 3, 2026 and December 31, 2025, respectively 62 61
Additional paid-in capital 2,049,885 1,904,889
Retained earnings 865,809 800,806
Accumulated other comprehensive loss (548,172) (539,716)
Total ESAB Corporation equity 2,538,681 2,166,040
Noncontrolling interest 45,536 45,489
Total equity 2,584,217 2,211,529
Total liabilities and equity $ 6,562,611 $ 4,766,094
Common stock, par value (in dollars per share) $ 0.001 $ 0.001