Earnings Releases·Nov 2, 2026, 4:44 PM ET

Alamo Group Inc. — Third Quarter 2026 Earnings Summary

Net sales declined 4.0% year-over-year to $403.1 million, while net income dropped significantly to $2.0 million ($0.17 diluted EPS) from $25.4 million in the prior year quarter, primarily due to $33.3 million in net pre-tax charges related to divestitures and wind-downs.
Adjusted diluted EPS was $2.06 compared to $2.34 in the prior year quarter, with adjusted EBITDA falling to $52.4 million (13.0% of sales) from $55.0 million, as margin pressure in the Industrial Equipment Division offset improved performance in Vegetation Management.
The company completed the acquisition of Econ Engineering Group Limited for $158.7 million on October 27, 2026, funded via its revolving credit facility, while substantially concluding portfolio optimization initiatives including the wind-down of Dixie Chopper® and Boxer® lines.
Management cited strengthened order intake and a backlog of $521.3 million as indicators of underlying business strength, expressing confidence that liquidity and cash flows remain sufficient to meet capital requirements following the Econ acquisition.