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Weyco Group, Inc.

$44.59 +$14.26 (+47.02%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$44.61
Day Range
$44.25$45.26
Year Range
$27.25$48.68
Market Cap
425.04M
AVG Volume
21K
Trailing/Forward PE
12.12/-
PEG ratio
0.35
Dividend Yield
6.95%
Next Earnings Date
2026-11-03
Primary Exchange
NASDAQUS
Revenue (USD)
025M50M75M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q262.22M
26 Q168M
25 Q476.8M
25 Q373.12M
25 Q258.22M
25 Q168.03M
24 Q480.47M
24 Q374.33M
24 Q263.93M
24 Q171.56M
Net Income (USD)
05M10M15M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q213.31M
26 Q16.12M
25 Q48.69M
25 Q36.59M
25 Q22.26M
25 Q15.54M
24 Q410M
24 Q38.06M
24 Q25.61M
24 Q16.65M
Operating Income (USD)
05M10M15M20M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q217.02M
26 Q17.5M
25 Q410.19M
25 Q38.05M
25 Q23.89M
25 Q17.03M
24 Q411.54M
24 Q310.16M
24 Q26.66M
24 Q18.25M
EBITDA (USD)
05M10M15M20M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q218.59M
26 Q19.03M
25 Q411.78M
25 Q39.66M
25 Q25.36M
25 Q18.13M
24 Q413.14M
24 Q311.58M
24 Q28.17M
24 Q19.71M
Cash Flows (USD)
-10M010M20M30M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q26.81M
26 Q116.88M
25 Q423.15M
25 Q3-1.32M
25 Q29.97M
25 Q13.71M
24 Q419.95M
24 Q3-930K
24 Q23.16M
24 Q114.17M
EPS (USD)
00.511.524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS EPS (USD) by quarter
PeriodEPS (USD)
26 Q21.39
26 Q10.64
25 Q40.91
25 Q30.69
25 Q20.24
25 Q10.57
24 Q41.04
24 Q30.84
24 Q20.59
24 Q10.69
Expenses (USD)
010M20M30MSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q227.7M
26 Q123.12M
25 Q424.51M
25 Q321.95M
25 Q221.59M
25 Q123.76M
24 Q427.47M
24 Q323.3M
24 Q221.61M
24 Q123.93M
Cash & Debt (USD)
025M50M75M100MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q296.33M
26 Q190.76M
25 Q497.43M
25 Q373.66M
25 Q278.54M
25 Q172.4M
24 Q471.81M
24 Q375.82M
24 Q278.41M
24 Q178.35M
Debt ratios
-3-2-1024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Debt ratios by quarter
PeriodDebt ratios
26 Q2-1.74
26 Q1-2.26
25 Q4-2.48
25 Q3-1.71
25 Q2-1.72
25 Q1-1.48
24 Q4-1.43
24 Q3-1.52
24 Q2-1.54
24 Q1-1.55
Margins
0%20%40%60%80%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Margins by quarter
PeriodMargins
26 Q270.37%
26 Q144.21%
25 Q444.07%
25 Q340.74%
25 Q243.32%
25 Q144.65%
24 Q447.87%
24 Q344.27%
24 Q243.94%
24 Q144.73%
Return on Capital
0%2%4%6%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Return on Capital by quarter
PeriodReturn on Capital
26 Q25.23%
26 Q12.51%
25 Q43.63%
25 Q32.62%
25 Q20.91%
25 Q12.23%
24 Q44.07%
24 Q33.12%
24 Q22.23%
24 Q12.68%
Shares Outstanding
02.5M5M7.5M10M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Shares Outstanding by quarter
PeriodShares Outstanding
26 Q29.41M
26 Q19.41M
25 Q49.47M
25 Q39.45M
25 Q29.47M
25 Q19.55M
24 Q49.51M
24 Q39.44M
24 Q29.43M
24 Q19.44M
Dividends (USD)
0123May 24Aug 24Nov 24Mar 25May 25Aug 25Nov 25Mar 26May 26Aug 26
WEYS Dividends (USD) by quarter
PeriodDividends (USD)
Aug 260.28
May 260.28
Mar 260.27
Nov 252.27
Aug 250.27
May 250.27
Mar 250.26
Nov 242.26
Aug 240.26
May 240.26
Employee Count
02004006008002016201720182019202020212022202320242025
WEYS Employee Count by quarter
PeriodEmployee Count
2025408
2024413
2023397
2022462
2021439
2020414
2019654
2018626
2017626
2016661
Book Value Per Share (USD)
010203024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q227.07
26 Q125.89
25 Q425.29
25 Q326.61
25 Q226.18
25 Q126.03
24 Q425.81
24 Q327.35
24 Q226.64
24 Q126.29
Total Assets (USD)
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
WEYS Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2311.07M
26 Q1296.26M
25 Q4319.67M
25 Q3304.04M
25 Q2300.94M
25 Q1299.3M
24 Q4324.09M
24 Q3314.69M
24 Q2303.82M
24 Q1303.27M
PE Ratio
810121416med 11.8Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS PE Ratio by quarter
PeriodPE Ratio
Sep 2612.09
Sep 2612.3
Aug 2612.31
Aug 2612.16
Aug 2612.27
Aug 2612.52
Jul 2615.52
Jul 2615.21
Jul 2615.6
Jul 2615.09
Jul 2615.71
Jun 2615.13
Jun 2614.84
Jun 2614.72
Jun 2613.96
May 2614.04
May 2613.81
May 2613.85
May 2613.52
May 2613.56
Apr 2613.82
Apr 2614.42
Apr 2614.21
Apr 2613.29
Mar 2613.03
Mar 2613.05
Mar 2613.55
Mar 2612.03
Feb 2612.11
Feb 2612.42
Feb 2612.2
Feb 2612.72
Jan 2612.25
Jan 2611.91
Jan 2611.95
Jan 2612
Jan 2611.75
Dec 2512.13
Dec 2512.64
Dec 2512.78
Dec 2511.95
Nov 2511.6
Nov 2511.23
Nov 2513.46
Nov 2512.48
Oct 2510.5
Oct 2510.99
Oct 2510.57
Oct 2510.25
Oct 2510.9
Sep 2511.08
Sep 2511.31
Sep 2510.75
Sep 2511.31
Aug 2511.1
Aug 2511.3
Aug 2510.74
Aug 2510.99
Aug 259.31
Jul 2510.35
Jul 2510.29
Jul 2510.72
Jul 2511.12
Jun 2511.04
Jun 259.82
Jun 259.67
Jun 2510.43
May 2510.25
May 2510.19
May 2510.86
May 2510.66
May 259.61
Apr 258.96
Apr 259.09
Apr 259.32
Apr 258.53
Mar 259.5
Mar 259.06
Mar 259.26
Mar 2510.34
Feb 2511.37
Feb 2511.75
Feb 2511.86
Feb 2511.46
Jan 2511.69
Jan 2511.8
Jan 2511.54
Jan 2511.27
Jan 2512.02
Dec 2412.17
Dec 2412.44
Dec 2411.81
Dec 2411.01
Nov 2411.68
Nov 2411.92
Nov 2412.72
Nov 2412.58
Nov 2410.56
Oct 2410.53
Oct 2410.95
Free Cash Flow Yield
5%10%15%20%25%med 11.68%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 2610.84%
Sep 2610.66%
Aug 2610.65%
Aug 2610.78%
Aug 2610.68%
Aug 2610.47%
Jul 2613.26%
Jul 2613.53%
Jul 2613.19%
Jul 2613.64%
Jul 2613.09%
Jun 2613.6%
Jun 2613.86%
Jun 2613.98%
Jun 2614.74%
May 2614.65%
May 2614.9%
May 2614.85%
May 2615.22%
May 2611.34%
Apr 2611.13%
Apr 2610.67%
Apr 2610.82%
Apr 2611.58%
Mar 2611.81%
Mar 2611.79%
Mar 2611.35%
Mar 2611.01%
Feb 2610.94%
Feb 2610.67%
Feb 2610.86%
Feb 2610.42%
Jan 2610.82%
Jan 2611.12%
Jan 2611.08%
Jan 2611.04%
Jan 2611.28%
Dec 2510.92%
Dec 2510.48%
Dec 2510.37%
Dec 2511.09%
Nov 2511.42%
Nov 2511.8%
Nov 259.84%
Nov 2510.62%
Oct 2512.04%
Oct 2511.51%
Oct 2511.97%
Oct 2512.33%
Oct 2511.6%
Sep 2511.42%
Sep 2511.18%
Sep 2511.76%
Sep 2511.18%
Aug 2511.39%
Aug 2511.19%
Aug 2511.77%
Aug 2511.5%
Aug 259.51%
Jul 258.56%
Jul 258.61%
Jul 258.26%
Jul 257.97%
Jun 258.03%
Jun 259.03%
Jun 259.17%
Jun 258.5%
May 258.65%
May 258.69%
May 258.16%
May 258.32%
May 2512.48%
Apr 2513.38%
Apr 2513.19%
Apr 2512.86%
Apr 2514.04%
Mar 2512.61%
Mar 2513.23%
Mar 2512.95%
Mar 2517.2%
Feb 2515.64%
Feb 2515.14%
Feb 2514.99%
Feb 2515.53%
Jan 2515.22%
Jan 2515.07%
Jan 2515.42%
Jan 2515.78%
Jan 2514.81%
Dec 2414.61%
Dec 2414.3%
Dec 2415.07%
Dec 2416.16%
Nov 2415.23%
Nov 2414.92%
Nov 2413.99%
Nov 2414.14%
Nov 2422.13%
Oct 2422.2%
Oct 2421.35%
Price to Sales
0.811.21.41.6med 1.09Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS Price to Sales by quarter
PeriodPrice to Sales
Sep 261.5
Sep 261.52
Aug 261.52
Aug 261.51
Aug 261.52
Aug 261.55
Jul 261.33
Jul 261.3
Jul 261.34
Jul 261.29
Jul 261.35
Jun 261.3
Jun 261.27
Jun 261.26
Jun 261.2
May 261.2
May 261.18
May 261.19
May 261.16
May 261.13
Apr 261.16
Apr 261.2
Apr 261.19
Apr 261.11
Mar 261.09
Mar 261.09
Mar 261.13
Mar 261.05
Feb 261.06
Feb 261.08
Feb 261.06
Feb 261.11
Jan 261.07
Jan 261.04
Jan 261.04
Jan 261.05
Jan 261.02
Dec 251.06
Dec 251.1
Dec 251.11
Dec 251.04
Nov 251.01
Nov 250.98
Nov 251.17
Nov 251.09
Oct 250.97
Oct 251.01
Oct 250.97
Oct 250.94
Oct 251
Sep 251.02
Sep 251.04
Sep 250.99
Sep 251.04
Aug 251.02
Aug 251.04
Aug 250.99
Aug 251.01
Aug 250.95
Jul 251.05
Jul 251.05
Jul 251.09
Jul 251.13
Jun 251.12
Jun 251
Jun 250.98
Jun 251.06
May 251.04
May 251.04
May 251.11
May 251.09
May 251
Apr 250.94
Apr 250.95
Apr 250.97
Apr 250.89
Mar 250.99
Mar 250.95
Mar 250.97
Mar 251.03
Feb 251.13
Feb 251.17
Feb 251.18
Feb 251.14
Jan 251.16
Jan 251.17
Jan 251.15
Jan 251.12
Jan 251.19
Dec 241.21
Dec 241.24
Dec 241.17
Dec 241.09
Nov 241.16
Nov 241.18
Nov 241.26
Nov 241.25
Nov 241.06
Oct 241.06
Oct 241.1
EV/EBITDA
456789med 6.38Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 266.81
Sep 266.96
Aug 266.97
Aug 266.86
Aug 266.94
Aug 267.11
Jul 267.98
Jul 267.78
Jul 268.04
Jul 267.7
Jul 268.11
Jun 267.73
Jun 267.54
Jun 267.46
Jun 266.95
May 267.01
May 266.85
May 266.89
May 266.67
May 266.48
Apr 266.65
Apr 267.04
Apr 266.91
Apr 266.3
Mar 266.13
Mar 266.14
Mar 266.47
Mar 266.37
Feb 266.43
Feb 266.63
Feb 266.49
Feb 266.83
Jan 266.52
Jan 266.29
Jan 266.32
Jan 266.35
Jan 266.18
Dec 256.44
Dec 256.78
Dec 256.87
Dec 256.31
Nov 256.08
Nov 255.83
Nov 257.33
Nov 256.67
Oct 255.39
Oct 255.71
Oct 255.43
Oct 255.21
Oct 255.66
Sep 255.77
Sep 255.93
Sep 255.55
Sep 255.93
Aug 255.79
Aug 255.93
Aug 255.55
Aug 255.72
Aug 255.16
Jul 255.9
Jul 255.85
Jul 256.16
Jul 256.44
Jun 256.39
Jun 255.51
Jun 255.41
Jun 255.95
May 255.82
May 255.78
May 256.26
May 256.11
May 255.41
Apr 254.95
Apr 255.04
Apr 255.21
Apr 254.65
Mar 255.34
Mar 255.02
Mar 255.16
Mar 255.62
Feb 256.33
Feb 256.58
Feb 256.67
Feb 256.38
Jan 256.54
Jan 256.62
Jan 256.44
Jan 256.26
Jan 256.77
Dec 246.88
Dec 247.06
Dec 246.63
Dec 246.07
Nov 246.54
Nov 246.7
Nov 247.25
Nov 247.16
Nov 245.77
Oct 245.75
Oct 246.04
Price/Operating Cashflow
4681012med 8.16Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 268.73
Sep 268.88
Aug 268.89
Aug 268.78
Aug 268.86
Aug 269.04
Jul 267.26
Jul 267.12
Jul 267.3
Jul 267.06
Jul 267.35
Jun 267.08
Jun 266.94
Jun 266.89
Jun 266.53
May 266.57
May 266.46
May 266.48
May 266.33
May 268.4
Apr 268.56
Apr 268.93
Apr 268.8
Apr 268.23
Mar 268.07
Mar 268.08
Mar 268.39
Mar 268.71
Feb 268.77
Feb 268.99
Feb 268.83
Feb 269.21
Jan 268.87
Jan 268.62
Jan 268.65
Jan 268.68
Jan 268.51
Dec 258.79
Dec 259.15
Dec 259.25
Dec 258.65
Nov 258.4
Nov 258.13
Nov 259.75
Nov 259.04
Oct 257.89
Oct 258.26
Oct 257.94
Oct 257.7
Oct 258.19
Sep 258.32
Sep 258.5
Sep 258.08
Sep 258.5
Aug 258.34
Aug 258.49
Aug 258.07
Aug 258.26
Aug 259.89
Jul 2510.99
Jul 2510.92
Jul 2511.38
Jul 2511.8
Jun 2511.72
Jun 2510.42
Jun 2510.26
Jun 2511.07
May 2510.88
May 2510.82
May 2511.53
May 2511.31
May 257.72
Apr 257.2
Apr 257.31
Apr 257.49
Apr 256.86
Mar 257.64
Mar 257.28
Mar 257.44
Mar 255.63
Feb 256.2
Feb 256.4
Feb 256.46
Feb 256.24
Jan 256.37
Jan 256.43
Jan 256.28
Jan 256.14
Jan 256.54
Dec 246.63
Dec 246.77
Dec 246.43
Dec 246
Nov 246.36
Nov 246.49
Nov 246.93
Nov 246.85
Nov 244.38
Oct 244.36
Oct 244.54
Price to Book
11.21.41.61.8med 1.26Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
WEYS Price to Book by quarter
PeriodPrice to Book
Sep 261.65
Sep 261.68
Aug 261.68
Aug 261.66
Aug 261.67
Aug 261.71
Jul 261.51
Jul 261.48
Jul 261.51
Jul 261.46
Jul 261.53
Jun 261.47
Jun 261.44
Jun 261.43
Jun 261.36
May 261.36
May 261.34
May 261.35
May 261.31
May 261.31
Apr 261.33
Apr 261.39
Apr 261.37
Apr 261.28
Mar 261.25
Mar 261.26
Mar 261.31
Mar 261.17
Feb 261.18
Feb 261.2
Feb 261.18
Feb 261.23
Jan 261.19
Jan 261.16
Jan 261.16
Jan 261.16
Jan 261.14
Dec 251.18
Dec 251.23
Dec 251.24
Dec 251.16
Nov 251.13
Nov 251.09
Nov 251.31
Nov 251.21
Oct 251.1
Oct 251.15
Oct 251.1
Oct 251.07
Oct 251.14
Sep 251.15
Sep 251.18
Sep 251.12
Sep 251.18
Aug 251.16
Aug 251.18
Aug 251.12
Aug 251.15
Aug 251.09
Jul 251.22
Jul 251.21
Jul 251.26
Jul 251.31
Jun 251.3
Jun 251.15
Jun 251.14
Jun 251.23
May 251.2
May 251.2
May 251.28
May 251.25
May 251.19
Apr 251.11
Apr 251.12
Apr 251.15
Apr 251.05
Mar 251.17
Mar 251.12
Mar 251.14
Mar 251.16
Feb 251.27
Feb 251.31
Feb 251.33
Feb 251.28
Jan 251.31
Jan 251.32
Jan 251.29
Jan 251.26
Jan 251.34
Dec 241.36
Dec 241.39
Dec 241.32
Dec 241.23
Nov 241.31
Nov 241.33
Nov 241.42
Nov 241.41
Nov 241.27
Oct 241.26
Oct 241.31
Weyco Group, Inc.
WEYS
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News: WEYS

Contrasting Weyco Group (NASDAQ:WEYS) and Jerash Holdings (US) (NASDAQ:JRSH)

defenseworld.net · 4 Sep 2026

Contrasting Weyco Group (NASDAQ:WEYS) and Jerash Holdings (US) (NASDAQ:JRSH)

Jerash Holdings (US) (NASDAQ: JRSH - Get Free Report) and Weyco Group (NASDAQ: WEYS - Get Free Report) are both small-cap consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, valuation, earnings, analyst recommendations, risk and institutional ownership. Profitability This table compares Jerash

Financial Review: Weyco Group (NASDAQ:WEYS) & G-III Apparel Group (NASDAQ:GIII)

defenseworld.net · 27 Aug 2026

Financial Review: Weyco Group (NASDAQ:WEYS) & G-III Apparel Group (NASDAQ:GIII)

G-III Apparel Group (NASDAQ: GIII - Get Free Report) and Weyco Group (NASDAQ: WEYS - Get Free Report) are both small-cap consumer discretionary companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, institutional ownership, dividends, valuation and risk. Institutional and Insider Ownership 92.1%

Weyco's Underlying Business Is Not Improving Yet The Stock Trades At More Than 15x EV/NOPAT

seekingalpha.com · 14 Aug 2026

Weyco's Underlying Business Is Not Improving Yet The Stock Trades At More Than 15x EV/NOPAT

Weyco Group (WEYS) remains rated Hold as valuation is unattractive given business quality and secular headwinds. Recent 2Q26 results were inflated by tariff refunds; normalized operating income was less than half 2Q25's level. WEYS trades at nearly 17x EV/NOPAT, despite exposure to discretionary spending and a declining men's formal footwear market.

Head-To-Head Review: Weyco Group (NASDAQ:WEYS) & Puma (OTCMKTS:PMMAF)

defenseworld.net · 11 Aug 2026

Head-To-Head Review: Weyco Group (NASDAQ:WEYS) & Puma (OTCMKTS:PMMAF)

Puma (OTCMKTS:PMMAF - Get Free Report) and Weyco Group (NASDAQ: WEYS - Get Free Report) are both consumer discretionary companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, analyst recommendations and risk. Insider and Institutional Ownership 4.7% of Puma shares

Weyco's Q2 Earnings Soar Y/Y on Florsheim Growth, Tariff Refunds

zacks.com · 10 Aug 2026

Weyco's Q2 Earnings Soar Y/Y on Florsheim Growth, Tariff Refunds

WEYS' Q2 earnings per share are aided by tariff refunds, while sales rise 7% as Florsheim and BOGS gain momentum. Management expects a strong second half.

Weyco Group Q2 Earnings Call Highlights

marketbeat.com · 5 Aug 2026

Weyco Group Q2 Earnings Call Highlights

Weyco Group NASDAQ: WEYS reported higher second-quarter sales and sharply increased earnings, with results substantially supported by tariff refunds following the invalidation of certain import duties by the U.S. Supreme Court.

Weyco Group, Inc. (WEYS) Q2 2026 Earnings Call Transcript

seekingalpha.com · 5 Aug 2026

Weyco Group, Inc. (WEYS) Q2 2026 Earnings Call Transcript

Weyco Group, Inc. (WEYS) Q2 2026 Earnings Call Transcript

Weyco Reports Second Quarter 2026 Results

globenewswire.com · 4 Aug 2026

Weyco Reports Second Quarter 2026 Results

MILWAUKEE, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended June 30, 2026. Second Quarter 2026 Overview Net sales: $62.2 million (up 7% compared to Q2 2025) Gross earnings: 70.4% of net sales (includes $15.3 million of tariff refunds) Earnings from operations: $17.0 million (compared to $3.9 million in Q2 2025) Net earnings: $13.3 million (up from $2.3 million in Q2 2025) Diluted earnings per share: $1.39 (up from $0.24 in Q2 2025) North American Wholesale Segment Wholesale net sales were $48.8 million for the quarter, up 7% from $45.6 million in the second quarter of 2025.

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