DMC Global Inc 2026年季度报告

☑QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES ANDEXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026OR Commission file number 001-14775 DMC GLOBAL INC.(Exact name of Registrant as Specified in its Charter) 84-0608431 Delaware (I.R.S. Employer Identification No.) 11800 Ridge Parkway, Suite 300, Broomfield, Colorado 80021(Address of principal executive offices, including zip code) (303) 665-5700(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant:(1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and(2)has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Accelerated filer☑Smaller reporting company☐Emerging growth company☐ Large accelerated filer☐Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 under the Act).Yes☐No☑ The number of shares of Common Stock outstanding was 20,468,807 as of April23, 2026. This quarterly report on Form 10-Q contains “forward-looking statements” within the meaning of section 27A of the SecuritiesAct of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We intend theforward-looking statements throughout this quarterly report on Form 10-Q to be covered by the safe harbor provisions for forward-lookingstatements. Statements contained in this report which are not historical facts are forward-looking statements that involve risks anduncertainties that could cause actual results to differ materially from projected results. These statements can sometimes be identified by ouruse of forward-looking words such as “may,” “believe,” “plan,” “anticipate,” “estimate,” “expect,” “intend,” “seek,” and other phrases ofsimilar meaning. Such statements include, but are not limited to, expectations regarding the impact of volatility of energy markets, theconflict between the United States, Israel, and Iran and related geopolitical instability, evolving global tariff policies on sales andprofitability, tariff recoverability, market-responsive initiatives at Arcadia Products, cost reduction and market share expansion initiatives atDynaEnergetics, order activity improvements and shipment timing at NobelClad, market opportunities at NobelClad, our ability to accesscapital markets transactions in the future, the availability of funds to support our liquidity position and our expected future liquidityposition. The forward-looking information is based on information available as of the date of this quarterly report and on numerousassumptions and developments that are not within our control. Although we believe that our expectations as expressed in these forward-looking statements are reasonable, we cannot assure you that our expectations will turn out to be correct. Factors that could cause actualresults to differ materially include, but are not limited to, those factors referenced in our Annual Report on Form 10-K for the year endedDecember 31, 2025 and this Quarterly Report on Form 10-Q and other potential factors, including: geopolitical and economic instability,including recessions or depressions; inflation; supply chain delays and disruptions; the availability and cost of energy; transportationdisruptions; the ability to obtain new contracts at attractive prices; the size and timing of customer orders and shipments; product pricingand margins; our ability to realize sales from our backlog; fluctuations in customer demand; fluctuations in foreign currencies; competitivefactors; the timely completion of contracts; the timing and size of expenditures; the timely receipt of government approvals and permits;the price and availability of metal, aluminum, and other raw materials; fluctuations in tariffs or quotas; changes in laws and regulations,both domestic and foreign, impacting our business and the business of the end-market users we serve; the ade