CODI 8-K SEC Filing Analysis

Latest settled — T+20d

CODI-PC ▼ -0.27% at T+20d

NEUTRAL call ✗ call lost -0.27% · α vs SPY -3.41% · entry $21.90 → $21.84

Next anchor: T+60d in 7w

Currently $10.28 · -53.06% from $21.90 entry

Entry anchored
May 6, 2026
via day open

T+1d

+0.27%

call +0.27% · α -0.56%

$21.96

settled 5w ago

T+5d

-0.23%

call -0.23% · α -1.73%

$21.85

settled 4w ago

T+20d

-0.27%

call -0.27% · α -3.41%

$21.84

settled 9d ago

T+60d

—

call — · α —

—

in 7w

Price Chart

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Executive Summary

Compass Diversified reported Q1 2026 GAAP net revenues of $426.9M (down 5.9% YoY, missing $437.7M consensus), but ex-Lugano revenues were flat at $426.9M. Net loss narrowed to $30.8M from $49.8M, and Subsidiary Adjusted EBITDA rose 6.3% to $83.9M. The company completed the sale of Sterno's food service business for $292.5M, using proceeds to reduce debt and avoid milestone fees.

Key Financial Metrics

Free Cash Flow

$18.8M

Gross Margin

44.37%

Actionable Insight

The Sterno divestiture and deleveraging are near-term positives, but core revenue (ex-Lugano) is flat, signaling muted organic growth. Monitor Q2 2026 for evidence of sustained EBITDA improvement and further debt paydown.

Key Facts

GAAP net revenues $426.9M vs. $453.8M prior year, down 5.9%
Excluding Lugano, revenues flat at $426.9M vs. $426.9M prior year
Net loss from continuing operations improved to $30.8M from $49.8M
Subsidiary Adjusted EBITDA up 6.3% to $83.9M
Sold Sterno food service business for $292.5M enterprise value, net proceeds ~$280M
Guidance for FY2026 Subsidiary Adjusted EBITDA $320M-$365M (adjusted for Sterno sale)
Cash and cash equivalents $65.2M; revolver availability ~$100M

Financial Impact

Sale of Sterno generated ~$280M in net proceeds, reducing debt below 1.0x senior secured leverage

revenuedebtebitda

Risk Factors

Ongoing Lugano bankruptcy and litigation over internal controls
Potential NYSE listing non-compliance
Macroeconomic headwinds affecting middle-market subsidiaries

Market Snapshot

Exchange

NYSE

Sector

Household Furniture

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001345126-26-000041
Document: codi-20260506.htm	0001345126-26-000041
Document: 0001345126-26-000041-index-headers.html	0001345126-26-000041
Document: 0001345126-26-000041-index.html	0001345126-26-000041
Document: 0001345126-26-000041.txt	0001345126-26-000041
8-K Data (Synthetic)	0001345126-26-000041

5 reports for CODI

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for CODI — sortable, filterable
	Type				Now
May 6, 2026 5w ago	8-K MIXED ★ 5/10	$21.90 $21.84	▼ −0.27%	▼ −3.41%	$10.28 (−53.06%)
Apr 21, 2026 7w ago	Press Release NEUTRAL ★ 4/10	$11.68 $11.94	▲ +2.23%	▼ −0.94%	$10.28 (−11.99%)
Apr 10, 2026 9w ago	DEFA14A NEUTRAL ★ 3/10	$20.09 $22.00	▲ +9.50%	▲ +1.77%	$10.28 (−48.83%)
Apr 1, 2026 10w ago	Press Release NEUTRAL ★ 3/10	$8.59 $11.81	▲ +37.49%	▲ +27.61%	$10.28 (+19.67%)
Mar 30, 2026 10w ago	Press Release BULLISH ★ 7/10	$7.67 $11.80	▲ +53.85%	▲ +41.25%	$10.28 (+34.03%)

US Market Status

Market Closed — Opens Mon (47h 25m)

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