Here are the 10-Q quarterly reports from Astec Industries Inc (ASTE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ASTE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASTE filings page.
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. reported strong top-line growth but weaker profitability for the quarter ended June 30, 2026. Net sales rose to $408.1 million, up 23.6% from $330.3 million, driven by higher equipment and parts sales and $48.6 million of incremental revenue from acquisitions. First-half 2026 net sales were $804.4 million, up 21.9%. Gross profit increased to $106.8 million, but the margin slipped to 26.2% as manufacturing inefficiencies, inflation in materials and labor, and unfavorable inventory adjustments offset pricing and mix benefits.
Operating income declined to $20.4 million, and higher interest expense of $7.1 million (vs. $2.1 million) tied to the 2025 Credit Facility and acquisition-related debt reduced net income attributable to Astec to $10.5 million (diluted EPS $0.45), down from $16.7 million (EPS $0.72). Backlog grew sharply to $601.1 million, up 57.9% year over year, led by Materials Solutions. The company completed the $70.1 million CWMF acquisition in January 2026 and continues integrating the prior $252.6 million TerraSource acquisition, adding substantial intangibles and goodwill and increasing amortization expense. Astec is executing a large ERP-based strategic transformation, with total implementation costs to date of roughly $158 million and expected total spending of $180–$200 million by 2028–2029. As of June 30, 2026, the company held $76.8 million of cash and had $190.1 million available under its revolving credit facility, while operating cash flow improved to $52.8 million for the first half.
Astec Industries, Inc. reported sharply mixed results for the quarter ended March 31, 2026. Net sales rose to $396.3 million, up 20.3% from a year earlier, driven by stronger equipment, parts and service revenue, especially in the Materials Solutions segment.
Despite higher sales, profitability fell significantly. Net income dropped to $1.3 million from $14.3 million, and diluted EPS declined to $0.06 from $0.62, as gross margin compressed, selling, general and administrative expenses increased and interest expense more than tripled.
Astec continued its acquisition strategy, closing the $69.9 million CWMF deal and integrating the large TerraSource acquisition, boosting goodwill and intangibles. Backlog reached $549.2 million, up 36.4%, while operating cash flow improved to $40.7 million. Debt rose with a term loan balance of $365.5 million and additional revolver borrowings.
Astec Industries (ASTE) reported Q3 2025 results and closed a major acquisition. Net sales were $350.1 million, up from $291.4 million a year ago, as the company added TerraSource Holdings. Gross profit rose to $84.2 million from $66.8 million. Operating income was $1.1 million versus a $7.2 million loss last year, but higher interest costs led to a net loss of $4.2 million compared with a $6.2 million loss in Q3 2024.
For the first nine months, net sales reached $1,009.8 million, with net income of $26.9 million and diluted EPS of $1.16, reversing a prior-year loss. Astec completed the TerraSource acquisition for $252.4 million, which contributed $40.5 million of revenue and a $4.7 million net loss in the quarter. To fund the deal, Astec entered a new secured credit agreement providing up to $600.0 million; long‑term debt increased to $323.6 million from $105.0 million, and interest expense rose to $7.3 million in Q3 from $2.6 million. Cash was $69.3 million, inventories were $500.8 million, goodwill increased to $110.4 million, and intangible assets to $130.6 million. Shares outstanding were 22,875,841 as of October 31, 2025.