| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 450.73 | 8.1% | 7.5% |
| Total Income | 450.73 | 8.1% | 7.5% |
| Expenditure | 404.97 | 8.0% | 8.9% |
| PBT | 41.59 | 6.5% | 0.4% |
| Net Profit | 30.94 | 6.0% | 0.6% |
| OPM | 10.15% | 0.05pp | 1.08pp |
| NPM | 6.86% | 0.13pp | 0.56pp |
| EPS | 2.57 | 6.2% | 0.8% |
Alamo Group Announces Q2 2026 Net Sales Up 7.6% to $450.7 Million
04 Aug 2026 · 4 Aug, 2:10 am
Summary
Alamo Group Inc. announced robust financial results for the second quarter of 2026, with net sales climbing 7.6% to $450.7 million. The company achieved an adjusted net income of $34.2 million, a 7.2% increase year-over-year, and adjusted EBITDA grew 8.7% to $63.9 million. President and CEO Robert Hureau highlighted strong sales growth in the Industrial Equipment Division, improved adjusted earnings, and solid adjusted EBITDA performance, attributing success to continued operational improvement and disciplined execution despite mixed end-market conditions. The company also strengthened its financial flexibility by renewing its credit facility and ended the quarter with a strong liquidity position, enabling strategic investments and capital returns to shareholders.
Key Highlights
- 1
Alamo Group Inc. reported net sales of $450.7 million for the second quarter of 2026, marking a 7.6% increase compared to the same period in 2025.
- 2
Adjusted net income for Q2 2026 rose by 7.2% to $34.2 million, translating to an adjusted fully diluted EPS of $2.82 per share.
- 3
Adjusted EBITDA reached $63.9 million, representing 14.2% of net sales, and grew by 8.7% over the second quarter of 2025.
- 4
The Industrial Equipment Division saw strong net sales growth of 12.8% to $271.6 million, benefiting from organic demand and the Petersen acquisition.
- 5
The Company renewed its credit facility in May 2026, securing $602.5 million of committed capacity and strengthening its liquidity profile.
- 6
Alamo Group maintained a strong balance sheet with $195.0 million in cash and $262.7 million in total debt as of June 30, 2026.
- 7
During the first six months of 2026, the company returned $19.0 million to stockholders through $10.8 million in share repurchases and $8.2 million in dividends.
Management Comments
Robert Hureau
Our second quarter results reflect continued execution across the business, highlighted by strong sales growth in our Industrial Equipment Division, improved adjusted earnings, and solid adjusted EBITDA performance. Conditions across our end markets remain mixed, and our teams continue to focus on operational improvement, and disciplined execution of our strategic priorities. Our Industrial Equipment Division delivered a strong quarter, with sales growth and solid profitability, including a meaningful contribution from Petersen following its acquisition earlier this year. In the Vegetation Management Division, sales were relatively stable compared to the prior year despite pressure in certain end markets. We are continuing to focus on improving margins through operational execution, cost discipline and targeted actions across the portfolio. We ended the quarter with a strong liquidity position, supported by substantial cash balances and available borrowing capacity under our recently renewed credit facility. That flexibility allowed us to invest in organic growth, fund the Petersen acquisition and repurchase shares opportunistically during the first half of the year. We remain committed to a balanced capital allocation approach that prioritizes investment in organic growth and strategic acquisitions while returning capital to shareholders. We look forward to discussing our results and outlook in greater detail during our upcoming Earnings Conference Call.
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