UFP Technologies

UFP makes single-use tools for doctors to use in surgery.

It creates foam parts that protect patients and medical devices.

The company also builds gear for soldiers and pilots.

Tools for the Operating Room

• Surgical Solutions: Protective drapes and components used in robotic surgery and endoscopic procedures; sold primarily to medical device manufacturers.
• Medical Packaging: Custom-molded foam and plastic containers designed for orthopedic implants and cardiac devices.
• Advanced Wound Care: Disposable products used for infection prevention and patient healing in clinical settings.
• Engineered Components: Custom parts for the automotive and defense sectors, including military uniform gear and vehicle interior trim.

Scaling Up the Supply Chain

• Expanded manufacturing operations into **Ireland**, **Mexico**, and **Costa Rica** to increase global production capacity.
• Entered a $275 million secured credit agreement with **Bank of America, N.A.** in June 2024 to support corporate growth.
• Implemented solar power at the **Newburyport** facility to generate approximately 6% of its electricity needs.

What Makes UFP Stand Out?

UFP operates as a contract development and manufacturing organization, or CDMO, which means it designs and builds products for other companies. It maintains 19 facilities certified under ISO 13485, an international quality standard for medical devices, and 13 locations registered with the Food and Drug Administration (FDA).

Measuring the Performance

• Net sales reached $148.9 million in Q4 2025, up 3.4% from the same period in 2024.
• Net income rose to $17.6 million in Q4 2025, a 7.3% increase year-over-year.
• Free cash flow hit $13 million in Q4 2025, down 39.5% from Q4 2024.
• Two major customers, **Intuitive Surgical SARL** and **Stryker**, accounted for 45.8% of total net sales during 2025.
• Reported a cyberattack in February 2026 that disrupted billing and delivery functions but did not materially impact financial systems.

Moving Toward Medicine

UFP has evolved from a general foam converter into a specialized manufacturer focused on the healthcare sector. Its business now relies heavily on long-term contracts for high-margin surgical components and international production.