ALPHA PRO TECH LTD
Business
Alpha Pro Tech Ltd manufactures and markets disposable protective apparel and infection-control products, including face masks, face shields, coveralls, gowns, and lab coats, as well as construction weatherization products such as housewrap and synthetic roof underlayment. The company operates two reportable segments: Disposable Protective Apparel and Building Supply. Products are sold primarily through distributors in the United States to cleanroom, industrial, pharmaceutical, medical, dental, and construction markets.
Summary from 10-K filed 2026-03-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 59 | 58 | 61 | 62 | 69 | |
| Cost of goods sold, excluding depreciation and amortization | 37 | 35 | 38 | 40 | 43 | |
| Gross profit | 23 | 23 | 23 | 22 | 25 | |
| Selling, general and administrative | 18 | 19 | 18 | 16 | 17 | |
| Depreciation and amortization | 925,000 | 873,000 | 925,000 | 814,000 | 817,000 | |
| Total operating expenses | 19 | 19 | 19 | 17 | 17 | |
| Income from operations | 4 | 3 | 4 | 5 | 8 | |
| Equity in income of unconsolidated affiliate | 182,000 | 629,000 | 477,000 | 87,000 | 571,000 | |
| Gain on sale of property and equipment | 0 | 30,000 | 0 | — | — | |
| Interest income, net | 648,000 | 912,000 | 816,000 | 148,000 | 2,000 | |
| Total other income | 830,000 | 2 | 1 | −255,000 | 573,000 | |
| Income before provision for income taxes | 5 | 5 | 5 | 4 | 9 | |
| Provision for income taxes | 1 | 1 | 1 | 1 | 2 | |
| Net income | 4 | 4 | 4 | 3 | 7 | |
| Basic earnings per common share (in dollars per share) | 0.34 | 0.35 | 0.35 | 0.26 | 0.51 | |
| Diluted earnings per common share (in dollars per share) | 0.33 | 0.35 | 0.35 | 0.26 | 0.5 | |
| Basic weighted average common shares outstanding (in shares) | 10 | 11 | 12 | 13 | 13 | |
| Diluted weighted average common shares outstanding (in shares) | 11 | 11 | 12 | 13 | 13 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-09-30 | FY 2023 2023-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 17 | 19 | 20 | — | — | |
| Inventories, net | 24 | 23 | 20 | — | — | |
| Prepaid expenses | 4 | 4 | 6 | — | — | |
| Total current assets | 53 | 51 | 53 | — | — | |
| Property and equipment, net | 8 | 9 | 6 | — | — | |
| Goodwill | 55,000 | 55,000 | 55,000 | — | — | |
| Right-of-use assets | 8 | 9 | 5 | — | — | |
| Equity investment in unconsolidated affiliate | 6 | 6 | 5 | — | — | |
| Total assets | 74 | 74 | 69 | — | — | |
| Accounts payable | 2 | 1 | 802,000 | — | — | |
| Accrued liabilities | 1 | 947,000 | 1 | — | — | |
| Lease liabilities | 965,000 | 893,000 | 661,000 | — | — | |
| Total current liabilities | 4 | 3 | 3 | — | — | |
| Lease liabilities, net of current portion | 7 | 8 | 4 | — | — | |
| Deferred income tax liabilities, net | 679,000 | 503,000 | 442,000 | — | — | |
| Total liabilities | 12 | 12 | 7 | — | — | |
| Commitments and contingincies | — | — | — | — | — | |
| Common stock, $.01 par value: 50,000,000 shares authorized; 10,131,565 and 10,816,878 shares outstanding as of December 31, 2025 and December 31, 2024, respectively | 101,000 | 108,000 | 114,000 | — | — | |
| Additional paid-in capital | 16 | 16 | 16 | 17 | 17 | |
| Retained earnings | 48 | 47 | 47 | 46 | 45 | |
| Accumulated other comprehensive loss | −2 | −1 | −1 | — | — | |
| Total shareholders' equity | 62 | 62 | 62 | 61 | 61 | |
| Total liabilities and shareholders' equity | 74 | 74 | 69 | 65 | 64 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 540,000 | 463,000 | 170,000 | 147,000 | 315,000 | |
| Non-cash lease expense | 939,000 | 899,000 | 774,000 | 923,000 | 887,000 | |
| Deferred income taxes | 176,000 | 61,000 | −322,000 | −27,000 | 228,000 | |
| Accounts receivable, net | −3 | 2 | −121,000 | −2 | 5 | |
| Accounts receivable, related party | 0 | −160,000 | 549,000 | −208,000 | −478,000 | |
| Inventory, net | −865,000 | −3 | 4 | 572,000 | −8 | |
| Prepaid expenses | 580,000 | 2 | −1 | 2 | −856,000 | |
| Accounts payable and accrued liabilities | 863,000 | 325,000 | 398,000 | −271,000 | −3 | |
| Lease liabilities | −893,000 | −876,000 | −785,000 | −926,000 | −886,000 | |
| Net cash provided by operating activities | 2 | 6 | 8 | 4 | −480,000 | |
| Purchases of property and equipment | −639,000 | −4 | −792,000 | −492,000 | −3 | |
| Proceeds from sale of property and equipment | 0 | 30,000 | 0 | — | — | |
| Net cash used in investing activities | −639,000 | −4 | −792,000 | — | −3 | |
| Proceeds from exercise of stock options | 0 | 832,000 | 464,000 | 80,000 | 427,000 | |
| Repurchase of common stock | −3 | −4 | −4 | −4 | −4 | |
| Treasury stock excise tax | −34,000 | −44,000 | −40,000 | 0 | — | |
| Net cash used in financing activities | −3 | −4 | −4 | −4 | −4 | |
| Decrease in cash and cash equivalents | −2 | −2 | 4 | −17,000 | −7 | |
| Cash paid for income taxes | 890,000 | 1 | 2 | 443,000 | 2 | |
| Net non-cash changes to operating leases | 0 | 5 | 4 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ALPHA PRO TECH LTD's CIK number?
ALPHA PRO TECH LTD's SEC CIK number is 0000884269 (884269). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ALPHA PRO TECH LTD's SEC filings?
All of ALPHA PRO TECH LTD's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ALPHA PRO TECH LTD last report earnings?
ALPHA PRO TECH LTD (APT) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-015366). This is ALPHA PRO TECH LTD's most recent earnings filing of record — not a forecast of its next earnings date.
What is ALPHA PRO TECH LTD's most recent earnings 8-K?
ALPHA PRO TECH LTD's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001437749-26-015366. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ALPHA PRO TECH LTD's latest earnings 8-K →
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