Earnings Releases·Nov 5, 2026, 7:01 AM ET

Astec Industries — Third Quarter 2026 Earnings Summary

Net sales for Q3 2026 rose 0.7% year-over-year to $352.4 million, though the company reported a net loss of $12.2 million compared to a $4.2 million loss in Q3 2025, with Adjusted EBITDA declining 30.3% to $18.9 million.
Full-year 2026 Adjusted EBITDA guidance was revised downward to $140 million–$150 million from the previous $160 million–$175 million range, citing macroeconomic uncertainty and inflationary headwinds.
Backlog rebounded significantly across segments, growing 49.2% overall, with Infrastructure Solutions backlog up 47.0% and Materials Solutions backlog up 52.1%, despite sequential order pauses in Infrastructure Solutions.
Nine-month net sales increased 14.6% to $1,156.8 million, while nine-month free cash flow improved to $48.0 million; liquidity remained strong at $267.2 million with the Adjusted EBITDA to net debt ratio at 2.3x.
Capital expenditures for the quarter were $6.7 million, a $0.13 per share dividend was paid, and acquisitions totaled $68.2 million for the first nine months of 2026.