Evolution Metals Hikes 2026 Revenue Guidance by 62% on Capacity Expansion

Key Facts

1Evolution Metals & Technologies Corp. raised its fiscal 2026 revenue guidance by 62% to $11 million at the midpoint.

2The company reaffirmed its fiscal 2027 revenue outlook of $460 million.

3The delivery of 13 additional production machines in October is expected to expand annual capacity to over 10,000 metric tons of magnets.

Evolution Metals & Technologies Corp. raised its fiscal 2026 revenue guidance by 62% to $11 million at the midpoint. According to a company statement via GlobeNewswire, the revision is driven by the scheduled delivery of 13 additional production machines in October. The company also reaffirmed its long-term fiscal 2027 revenue outlook of $460 million.

The delivery of the new equipment is expected to expand annual capacity to over 10,000 metric tons of magnets to meet growing demand. In equity markets, EMAT closed at $1.7 on October 8, 2026, having traded between a session high of $1.85 and a low of $1.67.