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Conrad Industries Announces Second Quarter 2026 Results and Backlog
Conrad Industries reported net income of $3.3 million and earnings per diluted share of $0.65 for the quarter ended June 30, 2026, down from $5.8 million and $1.16 respectively in the same quarter of 2025.
For the first six months ended June 30, 2026, Conrad had net income of $6.5 million and earnings per diluted share of $1.29, compared to $9.7 million and $1.93 in the same period of 2025.
Conrad's backlog increased by $196.4 million in the first half of 2026, higher than the $104.0 million increase during the first half of 2025, reaching $292.8 million at June 30, 2026.
After June 30, 2026, Conrad signed $37.4 million in new contracts, including a U.S. Army Corps of Engineers contract to design and deliver a deck barge.