Elmet Group reports Q1 2026 revenue up 21% with backlog surging 52% to $113M

Elmet Group achieved strong Q1 2026 results with revenue increasing 20.7% to $56.0 million and adjusted EBITDA doubling to $9.2 million, driven by aerospace and defense demand. The company completed an upsized IPO raising $125.5 million in net proceeds, positioning it to capitalize on favorable market conditions and supply chain opportunities.