American Vanguard Q3 revenue falls on weak international sales
AVD•American Vanguard's third-quarter revenue fell 9% year over year to $108.38 million, while gross margin declined to 24% from 29%. The company revised its 2026 sales outlook to $500 million-$530 million and expects adjusted EBITDA of $36 million-$40 million.
1. Quarterly results
American Vanguard said third-quarter revenue fell 9% year over year, driven by lower international sales, particularly outside the United States. Gross margin dropped to 24% from 29%, as higher transportation and raw material costs outweighed operational savings and improved manufacturing efficiencies. The company reported a net loss of $17.67 million.
2. 2026 outlook
The company revised its 2026 sales outlook to $500 million-$530 million and said it expects adjusted EBITDA of $36 million-$40 million. It said El Niño is materially impacting its international business in 2026.
3. Q3 activity
American Vanguard acquired four U.S. brands and expanded distribution through new agreements during the quarter.
