v3.26.3
CONSOLIDATED AND COMBINED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 02, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 188,648 $ 185,863
Trade receivables, less allowance for credit losses of $21,992 and $21,765 551,661 451,298
Inventories, net 570,162 481,765
Prepaid expenses 80,106 66,103
Other current assets 103,695 76,876
Total current assets 1,494,272 1,261,905
Property, plant and equipment, net 387,536 381,876
Goodwill 2,738,125 1,949,702
Intangible assets, net 1,352,690 673,006
Lease assets - right of use 139,281 113,310
Other assets 383,307 386,295
Total assets 6,495,211 4,766,094
Long-Term Debt, Current Maturities 9,357 2,412
CURRENT LIABILITIES:    
Accounts payable 398,984 360,391
Accrued liabilities 368,219 301,986
Total current liabilities 776,560 664,789
Long-term debt 2,319,712 1,232,540
Other liabilities 793,326 657,236
Total liabilities 3,889,598 2,554,565
Equity:    
6.50% Series A Mandatory Convertible Preferred Stock, 175,000 shares issued and outstanding at October 2, 2026; no shares issued or outstanding at December 31, 2025 171,097 0
Common stock - $0.001 par value - 600,000,000 shares authorized, 62,175,585 and 60,721,079 shares outstanding as of October 2, 2026 and December 31, 2025, respectively 62 61
Additional paid-in capital 2,057,487 1,904,889
Retained earnings 894,387 800,806
Accumulated other comprehensive loss (562,976) (539,716)
Total ESAB Corporation equity 2,560,057 2,166,040
Noncontrolling interest 45,556 45,489
Total equity 2,605,613 2,211,529
Total liabilities and equity $ 6,495,211 $ 4,766,094
Common stock, par value (in dollars per share) $ 0.001 $ 0.001