Astec Industries — Third Quarter 2026 Earnings Summary

Astec Industries reported third-quarter 2026 net sales of $352.4 million, representing a 0.7% increase from the prior year, while net loss attributable to controlling interest rose to $12.2 million. The company's backlog grew significantly by 49.2% to $670.5 million, driven by a rebound in underlying demand despite macroeconomic uncertainty and inflationary pressures that impacted margins. Management revised its full-year 2026 Adjusted EBITDA guidance downward to a range of $140 million to $150 million, citing the temporary pause in orders and higher costs. Year-to-date operating cash flow reached $70.2 million, and free cash flow stood at $48.0 million, supporting a disciplined capital allocation strategy.