Alamo Group (ALG) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Alamo Group reported revenue of $403 million for Q3 2026, down 4% from a year earlier (Alamo Group, Nov 2, 2026). Diluted EPS was $0.17, down 92% from $2.10. Vegetation Management brought in $170 million, down 2%. Every figure is from Alamo Group's release. Walnut is informational, not investment advice.
ALG Q3 2026 results
In one sentence
Alamo Group reported revenue of $403 million for Q3 2026, down 4% from a year earlier (Alamo Group, Nov 2, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $403 million | $420 million | down 4% |
| Diluted EPS (GAAP) | $0.17 | $2.10 | down 92% |
| Diluted EPS (adjusted) | $2.06 | $2.34 | down 12% |
| Net income | $2.0 million | $25.4 million | down 92% |
The quarter ended September 30, 2026 and Alamo Group published the results on November 2, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Alamo Group reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- Q3 2026 includes $33.3 million of net pre-tax charges from the sale and wind-down of several businesses and product lines, almost entirely in Vegetation Management, including $7.3 million recorded as a reduction in sales. Alamo sold its Conver and Brooms businesses in the quarter and began winding down Dixie Chopper and Boxer.
- Alamo acquired Econ Engineering Group, a U.K. maker of roadway maintenance vocational trucks, on October 27, 2026, after the quarter ended, for £120.0 million ($158.7 million). Alamo reports in thousands; figures here are in millions.
Source: Alamo Group Q3 2026 results, November 2, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
ALG revenue by segment
How Alamo Group splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Net sales by division | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Vegetation Management | $170 million | $173 million | down 2% |
| Industrial Equipment | $233 million | $247 million | down 6% |
- Alamo Group's Vegetation Management revenue was $170 million in Q3 2026, down 2% from $173 million in Q3 2025, 42% of total revenue.
- Alamo Group's Industrial Equipment revenue was $233 million in Q3 2026, down 6% from $247 million in Q3 2025, 58% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
ALG recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $403 million | $0.17 | Nov 2, 2026 |
Q2 2026 ended Jun 30, 2026 | $451 million | $2.55 | Aug 3, 2026 |
Q1 2026 ended Mar 31, 2026 | $417 million | $2.41 | May 4, 2026 |
Q4 2025 ended Dec 31, 2025 | $374 million | $1.28 | Mar 2, 2026 |
Q3 2025 ended Sep 30, 2025 | $420 million | $2.10 | Nov 6, 2025 |
Total net sales and GAAP diluted EPS, each as first reported in that quarter's release. The Q3 2026 figure includes the $33.3 million of net divestiture charges.
When does ALG report earnings next?
We do not hold a confirmed date for Alamo Group's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Alamo Group quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Nov 2, 2026
What Alamo Group's revenue is made of
Alamo Group makes equipment in two divisions. In Q3 2026 Industrial Equipment, which sells vocational products such as vacuum trucks, street sweepers, roadside safety equipment, excavators and snow removal equipment, had net sales of $232.8 million, down 5.8%. Vegetation Management, which sells tractor-mounted mowing, land maintenance and recycling equipment, had $170.4 million, down 1.5%. Total net sales were $403.1 million, down 4.0% from $420.0 million. (Alamo Group Q3 2026 release, Nov 2, 2026)
Alamo Group said Industrial Equipment sales fell because of softer end-market conditions and the timing of orders earlier in the year, partly offset by the Petersen Industries acquisition; excluding Petersen, the division's sales fell about 12.6%. Vegetation Management's figure includes a $7.3 million reduction in sales tied to the divestitures, and excluding it the division's sales rose 2.7%. (Alamo Group Q3 2026 release, Nov 2, 2026)
By type, Alamo Group's wholegoods sales were $307.5 million, parts $79.7 million and other sales (rental, extended warranty and service) $15.9 million. The United States accounted for $295.7 million of net sales, Canada $30.1 million, the United Kingdom $23.3 million and France $19.1 million; Canadian sales fell from $41.1 million. (Alamo Group Form 10-Q, Q3 2026, Nov 4, 2026)
Alamo Group's backlog was $521.3 million at September 30, 2026, against $618.3 million a year earlier: $350.4 million in Industrial Equipment and $170.9 million in Vegetation Management. Industrial Equipment bookings rose to $217.9 million from $175.5 million, while Vegetation Management bookings fell to $157.2 million from $175.7 million. (Alamo Group Q3 2026 release, Nov 2, 2026)
What Alamo Group's EPS includes
Alamo Group earned net income of $2.0 million, or $0.17 per diluted share, in Q3 2026, against $25.4 million, or $2.10, a year earlier. Adjusted net income was $24.9 million, or $2.06 per diluted share, against $2.34. The gap is mostly the $33.3 million of net pre-tax divestiture charges: $7.3 million in sales, $15.5 million in cost of sales, $9.0 million in selling, general and administrative expenses and $1.5 million in other income and expense. (Alamo Group Q3 2026 release, Nov 2, 2026)
Alamo Group's provision for income taxes was $2.6 million, 56% of income before income taxes, against 27% a year earlier. Alamo attributed the increase to the much lower pretax income and to unfavorable discrete items from assets deemed held for sale and marked down to fair value as part of the divestitures. (Alamo Group Form 10-Q, Q3 2026, Nov 4, 2026; Alamo Group Q3 2026 release, Nov 2, 2026)
Alamo Group's share count is steady at 12,072 thousand diluted shares, against 12,094 thousand. Amortization expense rose to $5.1 million from $4.2 million, mainly because of the Petersen acquisition. Adjusted EBITDA was $52.4 million, 13.0% of net sales, against $55.0 million, 13.1%. (Alamo Group Q3 2026 release, Nov 2, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Alamo Group
Alamo Group does not publish a revenue or earnings outlook in its release. It said order intake in Industrial Equipment strengthened in Q3 2026, with activity in vacuum trucks and sweepers, and that pricing actions taken to offset material and freight inflation lagged that inflation during the quarter. (Alamo Group Q3 2026 release, Nov 2, 2026)
Alamo Group funded the October 27, 2026 Econ acquisition with borrowings under its revolving credit facility. At September 30, 2026 it had cash of $230.7 million, total debt of $232.3 million and $363.6 million of available borrowings under that facility. (Alamo Group Q3 2026 release, Nov 2, 2026)
A consensus figure is the average of the models published by the analysts who cover Alamo Group, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Alamo Group
The figures below are the ones Alamo Group's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Backlog | $521.3 million, against $618.3 million Industrial Equipment $350.4 million; Vegetation Management $170.9 million Alamo Group Q3 2026 release, Nov 2, 2026 |
| Industrial Equipment adjusted EBITDA margin | 13.4%, against 15.5% Adjusted EBITDA $31.1 million Alamo Group Q3 2026 release, Nov 2, 2026 |
| Vegetation Management adjusted EBITDA margin | 12.5%, against 9.7% Adjusted EBITDA $21.3 million Alamo Group Q3 2026 release, Nov 2, 2026 |
| Adjusted gross margin | 24.7%, against 24.3% GAAP gross profit $76.1 million, against $101.7 million Alamo Group Q3 2026 release, Nov 2, 2026 |
| Net divestiture charges | $33.3 million pre-tax Almost entirely in Vegetation Management Alamo Group Q3 2026 release, Nov 2, 2026; Alamo Group Form 10-Q, Q3 2026, Nov 4, 2026 |
| Operating cash flow (last twelve months) | $158.3 million 204% of net income for the same period Alamo Group Q3 2026 release, Nov 2, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning ALG is on is ALG a buy or a sell?, what analysts expect next is on the ALG forecast, and what the company does is on the Alamo Group (ALG) stock page.
How to check ALG's figures yourself
Every number on this page can be traced to a document Alamo Group published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Alamo Group
Ask Walnut's AI anything about ALG and see how it fits what you own.
FAQ
What was Alamo Group's revenue last quarter?
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Alamo Group reported revenue of $403 million for Q3 2026, the quarter ended September 30, 2026, against $420 million in Q3 2025 (down 4%). The figures come from Alamo Group's results release of November 2, 2026.
When does ALG report earnings next?
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We do not hold a confirmed date for Alamo Group's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Alamo Group's revenue come from?
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Alamo Group's Vegetation Management revenue was $170 million in Q3 2026, down 2% from $173 million in Q3 2025, 42% of total revenue. Alamo Group's Industrial Equipment revenue was $233 million in Q3 2026, down 6% from $247 million in Q3 2025, 58% of total revenue. These are the lines of Alamo Group's own "net sales by division" table for Q3 2026.
How much did Alamo Group's revenue grow last quarter?
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Down 4% on the year: $403 million in Q3 2026 against $420 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Alamo Group's business do not distort it.
What is the difference between Alamo Group's GAAP and adjusted EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Alamo Group's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.17 and $2.06. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the ALG numbers on this page come from?
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From Alamo Group's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Alamo Group's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.