| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 350.10 | 6.0% | 20.1% |
| Total Income | 350.10 | 6.0% | 20.1% |
| Expenditure | 349.00 | 13.0% | 16.9% |
| PBT | -5.10 | 122.6% | 40.0% |
| Net Profit | -4.20 | 125.2% | 32.3% |
| OPM | 0.31% | 6.16pp | 2.79pp |
| NPM | -1.20% | 6.26pp | 0.93pp |
| EPS | -0.18 | 124.7% | 33.3% |
Astec Reports Q3 2025 Results: Net Sales $350.1 Million
04 May 2026 · 4 May, 8:01 am
Summary
Astec Industries announced its financial results for the third quarter ended September 30, 2025. Net sales for the quarter were $350.1 million. The company reported a net loss of $4.2 million, but an adjusted net income of $10.8 million. Adjusted EBITDA increased by 55.7% to $27.1 million. The company is updating the lower end of its full year adjusted EBITDA guidance range from $123 million to $132 million while keeping the top end of the range unchanged at $142 million.
Key Highlights
- 1
Astec Industries reported net sales of $350.1 million for the third quarter of 2025.
- 2
The company's net loss was $4.2 million, while adjusted net income reached $10.8 million.
- 3
EBITDA for Q3 2025 was $13.8 million, with adjusted EBITDA at $27.1 million.
- 4
Diluted EPS was $(0.18), and adjusted EPS was $0.47 for the third quarter.
- 5
Infrastructure Solutions net sales increased by 17.1% to $193.2 million.
- 6
Material Solutions net sales increased by 24.1% to $156.9 million, primarily due to the addition of TerraSource.
- 7
The company is updating the lower end of its full year adjusted EBITDA guidance range from $123 million to $132 million.
Management Comments
Jaco van der Merwe
"We were pleased to post another strong quarter evidencing our focus on delivering consistent profitability and growth," said Jaco van der Merwe, Chief Executive Officer. "Our operational advancements are gaining momentum, with manufacturing and procurement activities producing greater efficiencies and higher net sales. On July 1, 2025, we completed the acquisition of TerraSource Holdings, LLC ("TerraSource"), and results now reflect contributions from TerraSource. I am pleased with the collaboration between the Astec and TerraSource teams and our organization as a whole. Based on our performance to date, we are updating the lower end of our full year adjusted EBITDA guidance range from $123 million to $132 million while keeping the top end of the range unchanged at $142 million."
Brian Harris
"While net loss improved slightly from the prior year quarter, it was primarily impacted by the acquisition transaction costs and amortization of acquired intangible assets of $8.3 million and $6.2 million, respectively. We posted a 55.7% increase in adjusted EBITDA which grew to $27.1 million in the third quarter, compared to $17.4 million of adjusted EBITDA in the third quarter last year."
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