Alamo Group Q3 net income drops 92% to $2.03 million; net sales fall to $403.14 million
ALG•Alamo Group’s third-quarter 2026 net income fell 92% year over year to $2.03 million, and net sales declined to $403.14 million. The quarter included $33.3 million in net pretax charges from business sales and wind-downs.
1. Quarterly results
Alamo Group reported third-quarter 2026 net income of $2.03 million, down 92% year over year, while net sales fell to $403.14 million. The quarter included $33.3 million in net pretax charges from business sales and wind-downs under substantially completed portfolio optimization initiatives.
2. Segment and acquisition
Industrial Equipment net sales declined 5.8% year over year, and higher material and freight costs pressured margins. On October 27, the group acquired UK roadway-maintenance truck manufacturer Econ Engineering for £120 million, expanding its industrial portfolio.
