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Astec 2Q FY26 net income drops 37.1% to $10.5 million; net sales rise 23.6% to $408.1 million

PUBT·08/05/2026 11:12:10
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Astec 2Q FY26 net income drops 37.1% to $10.5 million; net sales rise 23.6% to $408.1 million
  • Astec posted second-quarter net income attributable to controlling interest of USD 10.5 million, down 37.1%, as diluted EPS fell 37.5% to USD 0.45.
  • Net sales climbed 23.6% to USD 408.1 million, while backlog more than doubled to USD 601.1 million, up 57.9%.
  • Adjusted EBITDA (non-GAAP) rose 26% to USD 42.6 million; GAAP EBITDA increased 22.8% to USD 35.6 million.
  • Infrastructure Solutions net sales rose 11.6% to USD 228.3 million; Materials Solutions jumped 43% to USD 179.8 million.
  • Astec cut full-year 2026 adjusted EBITDA guidance to USD 160 million-USD 175 million, citing macro-driven shipment timing impacts for asphalt plants.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astec Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050700PRIMZONEFULLFEED9803379) on August 05, 2026, and is solely responsible for the information contained therein.