Materion reported record 3Q26 value-added sales of $313.7M, up 19% y/y, while adjusted EBITDA increased 27% to $70.7M and adjusted EPS rose 37% to $1.93. Growth remained broad based, led by record semiconductor sales alongside continued strength in aerospace & defense and telecom/data center, while incoming orders and backlog increased approximately 25% and 35% y/y, respectively. Management raised FY26 adjusted EPS guidance to $7.10–$7.40 and now expects high-teens value-added sales growth for the year. Looking ahead, continued semiconductor outperformance, accelerating defense demand, and the $65M customer-funded capacity expansion expected by the end of 2027 support a higher earnings base and continued progress toward the Company’s 23% midterm adjusted EBITDA margin target.