Astec Industries (ASTE) Q3 FY2026 earnings: revenue $352 million, up 0.7% on the year

Astec Industries Inc. (ASTE) reported revenue of $352 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.7% on the same quarter a year earlier. Net income was -$12 million, and diluted earnings per share $-0.53. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$352 million

+0.7% on the year · -13.6% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

-0.9%

0.3% a year earlier

Q4 FY2024Q3 FY2026

Net income

-$12 million

Q4 FY2024Q3 FY2026

Diluted EPS

-$0.53

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 lowered.

Net loss and adjusted EPS turned negative: Net loss attributable to controlling interest was $12.2 million, or diluted EPS of $(0.53). Adjusted net loss was $0.3 million, with adjusted EPS of $(0.01), against $0.47 a year earlier.
EBITDA and Adjusted EBITDA both fell: EBITDA was $11.4 million, down from $13.8 million, with a 3.2% margin. Adjusted EBITDA was $18.9 million, down from $27.1 million, with a 5.4% margin against 7.7%.
Infrastructure margin fell on inflation: Infrastructure Solutions segment Adjusted EBITDA was $15.3 million, down 36.0%, and its margin was 8.1%, down 430 basis points, largely from inflation.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	352	408	350	-13.6%	+0.7%
Cost of revenue	270	301	266	-10.4%	+1.6%
Gross profit	82.3	107	84.2	-22.9%	-2.3%
Gross margin	23.4%	26.2%	24.1%
Selling, general and administrative	84.2	85.5	83.3	-1.5%	+1.1%
Operating income	-3.3	20.4	1.1
Operating margin	-0.9%	5.0%	0.3%
Interest expense	7.2	7.1	7.3	+1.4%	-1.4%
Pre-tax income	-9.6	15.0	-5.1
Income tax	2.7	4.5	-0.9	-40.0%
Effective tax rate	n/a	30.0%	n/a
Net income	-12.2	10.5	-4.2
Net margin	-3.5%	2.6%	-1.2%
Diluted EPS	-$0.53	$0.45	-$0.18

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	17.4	12.1	-8.1	+43.8%
Capital expenditure	6.7	7.4	4.2	-9.5%	+59.5%
Free cash flow	10.7	4.7	-12.3	+127.7%
Free cash flow margin	3.0%	1.2%	-3.5%
Cash from investing	-6.7	-7.5	-253
Cash from financing	-23.1	-2.8	242
Depreciation and amortisation	14.5	14.4	12.3	+0.7%	+17.9%
Share-based compensation	3.4	2.5	1.7	+36.0%	+100.0%
Dividends paid	2.9	3.0	3.0	-3.3%	-3.3%
Dividend per share	$0.13	$0.13	$0.13	0.0%	0.0%
Diluted shares, weighted	23m	23m	23m	-1.0%	+0.7%
Shares outstanding at period end	23m	23m	23m	+0.2%	+0.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	676	689	669	-1.8%	+1.1%
Non-controlling interest	-0.1	0.0	0.1
Debt	375	393	352	-4.7%	+6.5%
Other liabilities	366	333	328	+10.0%	+11.7%
Total liabilities and equity	1,417	1,416	1,349	+0.1%	+5.1%
Fixed assets	239	240	199	-0.3%	+20.3%
Goodwill	132	132	110	-0.1%	+19.9%
Intangible assets	131	139	131	-5.7%	+0.5%
Investments	23.8	24.9	23.8	-4.4%	0.0%
Cash and equivalents	64.4	76.8	69.3	-16.1%	-7.1%
Receivables	220	219	193	+0.6%	+14.2%
Inventory	484	460	501	+5.2%	-3.3%
Other assets	122	123	122	-1.1%	-0.5%
Total assets	1,417	1,416	1,349	+0.1%	+5.1%

Questions

What was Astec Industries' revenue in Q3 FY2026?

Astec Industries (ASTE) reported revenue of $352 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.7% on the same quarter a year earlier.

How much did Astec Industries earn in Q3 FY2026?

Net loss for Q3 FY2026 was $12 million, and the diluted loss per share $0.53.

When did Astec Industries report Q3 FY2026 results?

Astec Industries filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 * †	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 * †	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	268	291	318	315	350	348	350	303	337	309	346	291	359	329	330	350	401	396	408	352
Cost of revenue	214	226	255	250	279	259	267	234	248	232	264	225	256	237	242	266	291	297	301	270
Gross profit	53.9	64.7	62.9	65.4	71.1	89.2	82.9	69.6	89.1	76.9	81.3	66.8	103	92.4	88.3	84.2	109	99.1	107	82.3
Gross margin	20%	22%	20%	21%	20%	26%	24%	23%	26%	25%	24%	23%	29%	28%	27%	24%	27%	25%	26%	23%
R&D	6.5	7.0	7.5	8.5	8.5	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
SG&A	52.3	59.7	61.2	63.5	54.7	67.9	64.5	74.3	69.7	71.4	71.1	65.6	68.0	71.9	67.0	83.3	86.5	90.2	85.5	84.2
Operating income	-5.6	4.0	-1.7	1.9	3.3	17.6	17.3	-5.2	18.9	6.3	-10.7	-7.2	34.8	20.5	21.4	1.1	22.9	9.0	20.4	-3.3
Operating margin	-2%	1%	-1%	1%	1%	5%	5%	-2%	6%	2%	-3%	-2%	10%	6%	6%	0%	6%	2%	5%	-1%
Interest expense	0.5	0.4	0.6	0.6	0.9	2.0	2.0	2.4	2.5	2.7	3.1	2.6	2.3	2.0	2.1	7.3	7.1	7.4	7.1	7.2
Pre-tax income	-12.0	5.0	-4.7	1.2	2.9	16.5	15.9	-7.1	17.5	4.7	-13.7	-8.5	31.4	19.7	22.6	-5.1	15.9	2.8	15.0	-9.6
Tax rate	n/a	18%	n/a	58%	145%	27%	17%	n/a	15%	30%	n/a	n/a	33%	27%	26%	n/a	25%	54%	30%	n/a
Net income	-10.0	4.1	-3.9	0.7	-1.0	12.1	13.1	-6.6	14.9	3.4	-14.0	-6.2	21.1	14.3	16.7	-4.2	12.0	1.3	10.5	-12.2
Net margin	-4%	1%	-1%	0%	-0%	3%	4%	-2%	4%	1%	-4%	-2%	6%	4%	5%	-1%	3%	0%	3%	-3%
Diluted EPS	-$0.40	$0.18	-$0.17	$0.03	-$0.04	$0.53	$0.58	-$0.29	$0.65	$0.15	-$0.61	-$0.27	$0.92	$0.62	$0.72	-$0.18	$0.52	$0.06	$0.45	-$0.53
Operating cash flow	-19.9	-9.6	-32.3	-14.9	-17.1	-19.2	16.7	-16.3	46.6	-47.0	10.9	22.5	36.6	20.5	12.9	-8.1	36.1	40.7	12.1	17.4
Capital expenditure	9.2	11.6	7.2	8.8	13.1	8.0	9.1	7.9	9.1	5.8	7.6	2.6	4.5	3.9	3.9	4.2	28.7	8.1	7.4	6.7
Free cash flow	-29.1	-21.2	-39.5	-23.7	-30.2	-27.2	7.6	-24.2	37.5	-52.8	3.3	19.9	32.1	16.6	9.0	-12.3	7.4	32.6	4.7	10.7
Dividends paid	2.7	2.8	2.7	2.8	2.9	2.9	3.0	3.0	2.9	2.9	3.0	3.0	3.0	2.9	3.0	3.0	3.0	3.0	3.0	2.9
Shares outstanding	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m	23m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.