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EarningsQ2 2026 Earnings Report
ALTG Q2 2026 EPS Results
Actual EPS-$0.25
Consensus EPS-$0.21
Beat/MissMissed by -$0.04
One Year Ago EPS-$0.12
ALTG Q2 2026 Revenue Results
Actual Revenue$475.50M
Expected Revenue$488.71M
Beat/MissMissed by -$13.21M
YoY Revenue Growth-1.18%
Earnings Announcement Details
QuarterQ2 2026
Date08/06/2026
TimeAfter Close
Conference CallThursday, August 6, 2026
ALTG Upcoming Earnings
Alta Equipment Group's next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
ALTG Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a clear improving trajectory: sequential revenue and adjusted EBITDA growth, margin expansion, stronger bookings and backlog (particularly in Material Handling), better capital efficiency, and Ecoverse reverting to a normalized margin profile. Management acknowledged remaining execution/timing risks—chiefly potential delivery timing with OEMs (Hyster-Yale) that could push some revenue into 2027, rental fleet utilization still below target, and elevated leverage. Overall, the positives around recovery momentum, margin improvement, backlog visibility and tighter guidance outweigh the manageable risks tied to delivery timing and near-term asset optimization.Company Guidance
Sequential Revenue Recovery
Q2 2026 revenue of $475.5M, an increase of approximately $65M sequentially versus Q1 2026, signaling visible momentum across all three segments.
Strong Adjusted EBITDA and Margin Expansion
Adjusted EBITDA of $48.6M in Q2 2026 (up ~$20.5M from $28.1M in Q1), with EBITDA margin at 10.2% and sequential EBITDA margin expansion of ~340 basis points.
Improved Gross and Equipment Margins
Total gross margin expanded ~70 basis points to 26.1% year-over-year, and new & used equipment gross margins increased to 15.3% for the quarter, reflecting more balanced supply/demand and reduced discounting.
Material Handling Booking Momentum and Backlog
Industry bookings in Alta's territories rose 12.3% in the first half versus prior year, Q2 bookings up 4.9% YoY; Material Handling backlog ~ $143M — the highest since 2023 — providing visibility into second-half invoicing.
Segment Profitability Improvements
Material Handling adjusted EBITDA of $19M (≈13% YoY increase despite lower revenue); Construction Equipment adjusted EBITDA $30.6M with a sequential improvement of $16.7M; Ecoverse revenue rose from $20.9M to $22.8M YoY and adjusted EBITDA from $1.1M to $2.8M.
Improved Capital Efficiency
Material Handling average assets declined by ~$52M (11%) while trailing 12-month adjusted EBITDA/average assets improved 120 bps from 14.8% to 16%; Construction average assets down ~$77M (8%) with ROA up 60 bps from 10.8% to 11.4%.
Solid Liquidity and Favorable Debt Maturity Profile
Total liquidity approx $225M as of June 30, 2026, net leverage ~4.7x, no meaningful debt maturities until 2029 and largely fixed-rate debt, providing capital flexibility.
Guidance Reaffirmation with Improved Visibility
Alta narrowed adjusted EBITDA guidance to $167.5M–$177.5M (upper bound reduced by $5M) and reaffirmed free cash flow before rent-to-sell at $100M–$110M, citing improved backlog and demand indicators.
ALTG 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