Quarterly ResultMay 14, 2026, 07:02 AM
Aebi Schmidt Q1 Sales +82.8% to $455.5M; Net Income $0.7M, EPS $0.01
AI Summary
Aebi Schmidt Holding AG reported Q1 2026 financial results, with sales increasing significantly by 82.8% to $455.5 million, largely driven by the acquisition of The Shyft Group in July 2025. Despite strong revenue growth, net income attributable to Aebi Schmidt Holding AG decreased by 66.5% to $0.7 million, resulting in basic and diluted EPS of $0.01. The company also saw an improvement in net cash used in operating activities and declared dividends of $0.025 per share.
Key Highlights
- Net Sales increased 82.8% to $455.5 million for Q1 2026, primarily due to the Shyft acquisition.
- Net income attributable to Aebi Schmidt Holding AG decreased 66.5% to $0.7 million.
- Basic and diluted earnings per share were $0.01, down from $0.05 in Q1 2025.
- North America sales surged 129.0% to $337.3 million; Europe and ROW sales rose 16.0% to $118.2 million.
- Net cash used in operating activities improved to $(17.7) million from $(26.6) million.
- Total debt increased 5.7% to $628.9 million as of March 31, 2026.
- Declared dividends of $0.025 per share, totaling $1.9 million.