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EarningsQ1 2026 Earnings Report
ALG Q1 2026 EPS Results
Actual EPS$2.41
Consensus EPS$2.20
Beat/MissBeat by +$0.21
One Year Ago EPS$2.64
ALG Q1 2026 Revenue Results
Actual Revenue$417.15M
Expected Revenue$398.02M
Beat/MissBeat by +$19.13M
YoY Revenue Growth+6.70%
Earnings Announcement Details
QuarterQ1 2026
Date05/04/2026
TimeAfter Close
Conference CallMonday, May 4, 2026
ALG Upcoming Earnings
Alamo Group's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
ALG Q1 2026 Earnings Call
0:00 / 0:00
Q1 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: solid top-line growth (revenue up 6.7% YoY), sequential operating momentum and successful early integration of Petersen and product innovations are positive. However, year-over-year margin pressure (gross margin down 118 bps; adjusted EBITDA margin slightly lower), a YoY EPS decline, negative operating cash flow in the quarter, acquisition-related costs and tariff/inflation headwinds temper the outlook. Management emphasized operational initiatives (procurement, manufacturing efficiency, parts/commercial improvement) and strong liquidity to address these issues.Company Guidance
Consolidated Revenue Growth
Net sales for Q1 FY2026 were $417.1 million, up 6.7% year-over-year, driven by strength across Industrial Equipment and Vegetation Management and contributions from recent acquisitions.
Division Sales Improvement
Industrial Equipment net sales were $241.7 million, up 6.5% YoY; Vegetation Management net sales were $175.4 million, up 7.0% YoY — the first year-over-year quarterly increase in Vegetation in 9 quarters.
Adjusted EBITDA and Sequential Recovery
Adjusted EBITDA increased slightly to $59.3 million (14.2% of sales) versus $58.3 million (14.9%) in Q1 FY2025 and improved materially versus Q4 FY2025 ($44.8 million, 12.0% of sales), indicating sequential operational recovery.
Adjusted EPS and Sequential Improvement
Adjusted diluted EPS for Q1 FY2026 was $2.56, up from $1.70 in Q4 FY2025, showing sequential earnings recovery despite a modest YoY decline.
Strong Liquidity and Leverage Position
Gross debt of $290.5 million and cash of $195.2 million produced net leverage of less than 1x; total liquidity described as strong, supporting disciplined M&A and capital deployment.
Strategic Acquisition Integration
Petersen Industries acquisition funded in Q1 (approximately $120M revolver draw + ~$50M cash) is integrating well; management cites early commercial and operational synergies and successful leadership transition.
Product Innovation and Commercial Traction
Introduced products with early commercial success: non-CDL vacuum truck (sold out for 2026), next-generation hybrid sweepers (commercial production and strong interest), and a patented Wide Wing snow plow system gaining industry acceptance.
Dividend Declaration
Board approved a quarterly dividend of $0.34 per share, signaling confidence in capital return capacity.
ALG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed