FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission file number 001-05978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) 970 East 64th Street, Cleveland Ohio44103(Address of principal executive offices)(Zip Code) (216) 881-8600(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Actof 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 tosuch filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive DataFile required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or forsuch shorter period that the registrant was required to submit and post such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See definition of “large accelerated filer”, “accelerated filer”, “non-accelerated filer”, “smaller reportingcompany”, and “emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one): Largeacceleratedfiler☐Acceleratedfiler☐Non-accelerated filer☒Smallerreportingcompany☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany 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 Rule 12b-2 of the Exchange Act).Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: The number of the Registrant’s Common Shares, par value $1.00, outstanding at March31, 2026 was 6,254,128. SIFCO Industries, Inc. and SubsidiariesConsolidated Condensed Balance Sheets(Unaudited)(Amounts in thousands, except per share data) SIFCO Industries, Inc. and SubsidiariesConsolidated Condensed Statements of Cash Flows(Unaudited, Amounts in thousands) SIFCO Industries, Inc. and SubsidiariesSupplemental Disclosure of Cash Flow Information(Unaudited, Amounts in thousands) SIFCO Industries, Inc. and SubsidiariesNotes to Unaudited Consolidated Condensed Financial Statements(Amounts in thousands, except per share data) 1.Summary of Significant Accounting Policies A.Principles of Consolidation The accompanying unaudited consolidated condensed financial statements include the accounts of SIFCO Industries, Inc. and itswholly-owned subsidiaries (collectively, the “Company”). All intercompany accounts and transactions have been eliminated inconsolidation. The U.S. dollar is the functional currency for all of the Company’s operations in the United States (“U.S.”) and its non-operating, non-U.S. subsidiaries. For these operations, all gains and losses from completed currency transactions are included in income (loss). These unaudited consolidated condensed financial statements should be read in conjunction with the consolidated financial statementsand related notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended September30, 2025 (the “2025Annual Report”). The year-end consolidated condensed balance sheet contained in these unaudited consolidated condensed financialstatements was derived from the audited financial statements and disclosures required by accounting principles generally accepted inthe U.S. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) and disclosures considerednecessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative ofthe results to be expected for other interim periods or the full year. B.Accounting Policies A summary of the Company’s significant accounting policies is included in Note 1 to the audited consolidated financial statements ofthe Company’s 2025 Annual Report. C.Net Earnings (Loss) per Share The Company’s net earnings (loss) per basic share has been computed based on the weighted-average number of common sharesoutstanding. During a period of net loss, zero restricted and performance shares are included in the calculation of diluted earnings pershare because the effect would be anti-dilutive. In a period of net income, the net income per diluted share reflects the effect of theCompany’s outstanding restricted shares and performance shares under the treasury stock m