What move does the options market price into Esab's report?

Implied ±6.3%, either direction.

ESABNYSEGeneral Industrial Machinery & Equipment, NEC

Esab Corp (ESAB) earnings date, market-implied expected move, and options open interest by expiry

69.66

−4.47 · −6.03%

post 69.67 +0.02%

Closed16:00 ET

Open74.61Volume1.5MMkt cap$4.3BP/E24.97EPS2.79Div yield0.63%

Day69.64 – 74.611%52-wk62.74 – 136.869%

ESAB

Esab Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.3%implied · report alone

65.3674.16

straddle ±10.3%

spot 69.76exp Nov 20ATM strike 70ATM straddle 8.47IV 63%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 2

before open · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

+2.21%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+11.00%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

343 managers

Top fund weight

0.15%

ESAB weight · MDY

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Esab (ESAB) is expected to report on Nov 2 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed—▲+2.21%—

quarterimplied−5%0+5%realized×

Q2 FY26—▲+2.21%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.95OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

5,211+1%Nov 2020d5,498+47%

680%Dec 1848d0.67101+4%0.67

35−3%Jan 1576d0.23151+5%0.23

400%Apr 16167d0.17230+2%0.17

ExpiryPutsCallsP/C

Nov 2020d5,211+1%5,498+47%0.95

Dec 1848d680%101+4%0.67

Jan 1576d35−3%151+5%0.23

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.3%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

4.21%as filednet margin · revenue +8.32% QoQ · +12.86% YoY

Revenue

$808M+8.32% QoQ

Gross profit

$307M+11.67% QoQ

38.04% margin

Operating income

$79M−12.99% QoQ

9.75% margin

Pre-tax income

$48M−25.89% QoQ

Net income

$34M−30.97% QoQ

4.21% margin

Cost of revenue

$500M+6.36% QoQ

Operating expenses

$228M+23.75% QoQ

SG&A $210M

Other operating $18M

Other expense

$31M

Tax

$12M−10.75% QoQ

Revenue$808M+8.32%

Gross profit

$307M+11.67%

38.04% margin

Operating income

$79M−12.99%

9.75% margin

Pre-tax income

$48M−25.89%

Net income

$34M−30.97%

4.21% margin

Cost of revenue

$500M+6.36%

Operating expenses

$228M+23.75%

SG&A $210M

Other operating $18M

Other expense

$31M

Tax$12M−10.75%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jul 3 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.43· ±2.4% vs ±1.7% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.4%9 of 24×1.43

PPIproducer prices±2.3%6 of 11×1.38

CPIconsumer prices±1.8%5 of 11×1.10

NFPjobs report±1.7%4 of 10×1.03

PCEpersonal income & outlays±1.6%8 of 19×0.97

GDPgross domestic product±1.6%10 of 19×0.95

CPROFcorporate profits±1.3%6 of 12×0.76

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 0.50 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.50	—
Q1 FY26	—	0.78	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod