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Alta Equipment Group (ALTG) investor relations material
Alta Equipment Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue declined 1.2% YoY to $417.4M; Adjusted EBITDA rose 7.7% to $44.9M, with margin up 90 bps to 10.8%.
Construction Equipment growth, higher service margins, lower costs and reduced fleet investment supported profitability and cash generation despite weaker Material Handling sales.
Material Handling bookings and backlog strengthened, but delivery timing shifted some expected revenue into Q1 2027; management described a constructive 2027 setup without formal guidance.
Financial highlights
Q3 gross profit was $117.3M, down 0.4% YoY; operating income increased to $7.2M from $4.8M.
Net loss available to common shareholders was $12.2M versus $42.3M in Q3 2025.
Q3 operating expenses fell $2.9M to $110.1M; interest expense decreased $2.5M YoY to $19.9M.
Nine-month operating cash flow was $58.8M versus a $0.9M outflow; cash flow after investing activities was $52.8M, a $73.0M YoY improvement.
Nine-month revenue declined 1.8% to $1,303.4M and Adjusted EBITDA was $121.6M versus $123.8M.
Outlook and guidance
FY2026 Adjusted EBITDA guidance was reduced to $165M–$170M from $167.5M–$177.5M, mainly due to delayed Material Handling backlog conversion.
FY2026 free cash flow before rent-to-sell decisioning guidance was lowered to $95M–$105M from $100M–$110M.
Elevated Material Handling backlog is expected to convert through Q4 and Q1 2027; late-Q4 deliveries may not generate revenue until Q1 after dealer preparation.
Year-end 2026 total net debt / Adjusted EBITDA guidance is below 4.6x; management expects product support and rental performance to exceed prior-year levels.
Rental fleet is targeted below $500M by year-end from $508.9M at Q3 close; potential strategic additions are expected to be modest.
- Q2 2026 saw sequential revenue and margin growth, stable EBITDA, and narrowed guidance.ALTG
Q2 2026 - Registering up to $300 million in securities to fund growth, debt repayment, and strategic initiatives.ALTG
Registration filing - Q1 revenue fell 3%, EBITDA margin dropped to 6.8%, but rental sales and liquidity improved.ALTG
Q1 2026 - Shelf registration allows up to $300M in flexible offerings to fund growth and operations.ALTG
Registration filing - Virtual annual meeting to vote on directors, auditor, compensation, and incentive plan amendment.ALTG
Proxy filing - Q3 revenue fell 5.8% to $422.6M, with net loss rising and FY2025 EBITDA guidance at $168–$172M.ALTG
Q3 2025 - Q2 revenue up 4.2% to $488.1M, with strong product support but a net loss of $12.6M.ALTG
Q2 2024 - Revenue fell 4.2% and net loss widened, but buybacks expanded and EBITDA guidance reaffirmed.ALTG
Q1 2025 - 2024 revenue was flat, EBITDA fell, but 2025 guidance anticipates margin and cash flow recovery.ALTG
Q4 2024
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Next Alta Equipment Group earnings date
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