Earnings Releases·Nov 10, 2026, 4:01 PM ET

American Vanguard — Third Quarter 2026 Earnings Summary

Q3 2026 net sales declined 9% year-over-year to $108.4 million, while net loss widened to $17.7 million from $12.4 million in the prior year period; gross margin contracted to 24% from 29%.
Full-year 2026 guidance was revised downward, with Adjusted EBITDA projected at $36–$40 million and sales at $500–$530 million.
Strategic initiatives include the acquisition of four U.S. brands from Syngenta, a new distribution agreement with Sipcam Agro, and a target to generate $100 million in annualized revenue from new products by 2030.
Balance sheet shifts include a significant increase in long-term debt to $263.9 million and a rise in cash equivalents to $83.9 million, alongside a 44% year-over-year increase in customer prepayments.
International sales dropped 17% in Q3 due to El Niño conditions and Middle East instability, which also drove higher transportation costs and negative operating leverage.