Astec Industries, Inc. filings document formal disclosures for a manufacturing company serving asphalt road building, aggregate processing, concrete production and related materials markets. Recent Form 8-K reports record results of operations and financial condition, including net sales, profitability measures, cash flow, backlog, segment performance and guidance references for Infrastructure Solutions and Materials Solutions.
Astec's proxy and meeting filings cover director elections, board leadership, executive compensation votes, auditor ratification and other shareholder governance matters. Other material-event filings document executive and segment leadership changes and the completed TerraSource acquisition, including acquired-business financial statements and unaudited pro forma combined financial information.
Astec Industries, Inc. (ASTE) reported third-quarter 2026 net sales of $352.4 million, up 0.7% year over year, and gross profit of $82.3 million, down 2.3%. It recorded a $3.3 million loss from operations and a $12.2 million net loss attributable to controlling interest, compared with operating income of $1.1 million and a $4.2 million net loss a year earlier; diluted loss per share was $0.53 versus $0.18. Astec attributed the gross-profit decline mainly to inflation in materials, labor and overhead.
For the first nine months, net sales rose 14.6% to $1,156.8 million and gross profit increased 8.8% to $288.2 million, while net loss attributable to controlling interest was $0.4 million versus $26.8 million of income. Operating cash flow was $70.2 million, compared with $25.3 million. Backlog reached $670.5 million as of September 30, 2026, up 49.2% year over year.
Astec completed the $70.1 million cash acquisition of CWMF on January 1, 2026. Its ERP transformation had incurred approximately $161 million through the third quarter; anticipated total implementation costs are $180 million to $200 million, with completion expected in 2028 or 2029.
Astec Industries, Inc. (ASTE) reported third-quarter 2026 results, with net sales of $352.4 million, up 0.7% from a year earlier. It recorded a $12.2 million GAAP net loss attributable to controlling interest, versus a $4.2 million loss, and an adjusted net loss of $0.3 million versus adjusted net income of $10.8 million. Adjusted EBITDA was $18.9 million, down 30.3% from $27.1 million.
Backlog grew 49.2% to $670.5 million. Chief Executive Officer Jaco van der Merwe said macroeconomic uncertainty paused orders earlier in the year from select asphalt plant customers, while inflation affected sales, mix, absorption and margins. Chief Financial Officer Brian Harris revised full-year 2026 Adjusted EBITDA guidance from $160 million to $175 million to $140 million to $150 million. Infrastructure Solutions sales fell 2.2% to $189.0 million; Materials Solutions sales rose 4.1% to $163.4 million.
For the nine months ended September 30, 2026, operating cash flow was $70.2 million, compared with $25.3 million a year earlier, and free cash flow was $48.0 million versus $13.3 million. Third-quarter operating cash flow was $17.4 million, with capital expenditures of $6.7 million.
ASTEC INDUSTRIES INC director Jeffrey T. Jackson acquired 510 shares of common stock on October 31, 2026, as a quarterly retainer fee he elected to receive in stock. The compensation-related acquisition brought his directly held common-stock position to 12,834 shares.
Astec Industries Inc. director William E. Waltz Jr. received an annual grant of 1,759 RSUs on October 31, 2026, under the company's 2021 Equity Incentive Plan. The reported transaction price was $0.00 per share. This was an award acquisition rather than a market purchase, and his reported direct holdings afterward were 1,759 shares.
Astec Industries, Inc. (ASTE) announced that director Linda Knoll intends to resign from the Board and all committees effective December 14, 2026; she notified the Board on October 29, 2026. The Board appointed John Keating as a director effective December 11, 2026, and also appointed him to the Audit Committee.
Keating’s initial term expires at Astec’s 2027 annual meeting. The Board determined that he qualifies as independent under Nasdaq requirements and Astec’s Corporate Governance Guidelines. He has served as a senior advisor to CRH since January 1, 2026, after serving in executive roles there from 2022 to 2026. He will receive the annual compensation Astec provides to other non-employee directors.
ASTEC INDUSTRIES INC (ASTE) director Winford James Murphy Jr reported an automatic acquisition of 7 shares of Common Stock on August 28, 2026. The shares represent dividend equivalents earned on prior RSU grant awards and carried no purchase price. After this credit, he directly holds 10,521 Common shares.
No transactions were reported under a Rule 10b5-1 trading plan.
ASTEC INDUSTRIES INC (ASTE) director Shannon Patrick reported an acquisition of 18 shares of common stock on August 28, 2026, as a grant or award. A footnote states these shares represent dividend equivalents earned on prior RSU grant awards. Following this transaction, Patrick directly holds a total of 9,799 common shares.
ASTEC INDUSTRIES INC (ASTE) director Linda I. Knoll reported an acquisition of 7 shares of common stock on August 28, 2026. The shares represent dividend equivalents earned on prior restricted stock unit (RSU) grant awards and were received at no cash cost, bringing her directly held stake to 14,502 shares.
ASTEC INDUSTRIES INC (ASTE) director Jeffrey T. Jackson reported an acquisition of 25 shares of common stock on August 28, 2026 as a grant/award, representing dividend equivalents earned on prior RSU grant awards. Following this award, he directly holds a total of 12,324 common shares, and no Rule 10b5-1 trading plan is reported for this transaction.