AZZ delivered solid QQ2 2026 results, underpinned by strong performance in its Metal Coatings segment and ongoing benefits from IIJA-related infrastructure activity. Total quarterly sales rose 2% year-over-year to $417.3 million, with Metal Coatings up 10.8% on higher volumes and infrastructure spending, while Precoat Metals declined due to softer building construction and tariff-related volatility. GAAP EBITDA was $150.4 million, but the company highlighted an adjusted EBITDA of $88.7 million (21.3% margin) driven by ongoing divestiture headwinds from the AVAIL exit. Management reaffirmed full-year 2026 guidance: sales $1.625-1.725 billion, adjusted EBITDA $360-400 million, and adjusted diluted EPS $5.75-6.25, reflecting a 10-20% YoY improvement despite market choppiness. The ramp of the Canton galvanizing facility and the Washington, MO line remains a focal point for margin expansion in the second half of the year, while Avail downsizing is expected to contribute zero equity earnings from unconsolidated subsidiaries for the remainder of 2026. The company maintains a disciplined capital allocation strategy, including ongoing share repurchases and potential bolt-on M&A in line with margin and integration goals.