Every 10-Q that Miller Industries, Inc. (MLR) has filed with the SEC in the last 24 months is listed below, 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 MLR 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 MLR filings page.
Miller Industries, Inc. reported Q2 2026 net sales of $239.993 million, up 12.1% year over year, and net income of $7.269 million ($0.63 diluted EPS), down 14.1% as gross margin narrowed to 15.0% from 16.2% on higher chassis mix and Section 232 steel and aluminum tariffs.
For the first half of 2026, net sales were $420.855 million, down 4.3%, and net income fell to $7.822 million from $16.523 million, with gross margin at 14.6%. Operating cash flow more than doubled to $62.980 million, boosting cash to $55.635 million and leaving the $100.0 million revolving credit facility undrawn.
The Omars acquisition added $16.2 million of revenue in the first half but reduced pretax income by about $0.4 million, including roughly $0.11 per diluted share of largely non-cash acquisition expenses in Q2. Management is funding significant capital projects, including an estimated $100.0 million Ooltewah, Tennessee plant expansion and a €8.0 million French facility build-out, while returning capital through $4.6 million of share repurchases and a $0.21-per-share quarterly dividend amid demand headwinds from higher interest and fuel costs and tariff uncertainty.
Miller Industries reported a sharp earnings decline for the quarter ended March 31, 2026 as demand softened and costs stayed elevated. Net sales fell to $180.9 million from $225.7 million, mainly from lower North American production as the company reduced distributor inventory. Net income dropped to $0.6 million from $8.1 million, or $0.05 diluted EPS versus $0.69, with gross margin slipping to 14.2% due to tariffs and cost pressures.
Newly acquired Omars – S.p.A. added about $7.6 million of revenue but reduced pretax income by roughly $0.2 million, and non-cash acquisition-related expenses cut diluted EPS by about $0.13. Despite lower profits, operating cash flow improved to $30.7 million, allowing Miller to lift cash to $53.0 million, cut credit-facility borrowings to $20.0 million, pay $0.21 per share in dividends, and repurchase 49,074 shares for $2.2 million.
The company is pressing ahead with capacity investments, including about $9.1 million for a French facility expansion and an expected $100.0 million plant expansion in Ooltewah, Tennessee starting in late 2026. Management highlights ongoing headwinds from higher interest rates, insurance and fuel costs, Section 232 tariffs, geopolitical tensions, and softer retail demand, while expecting Omars to be accretive after acquisition-related charges.
Miller Industries (MLR) reported a sharp slowdown in Q3. Net sales were $178.7 million, down 43.1% year over year as distributors worked down elevated inventory and chassis deliveries slowed. Net income was $3.1 million, or $0.27 per diluted share, versus $15.4 million a year ago. Gross margin improved to 14.2% from 13.4% on a more favorable product mix, and SG&A fell 4.8%.
For the first nine months, sales were $618.4 million (down 40.3%) and net income was $19.6 million (down 63.0%), while gross margin rose to 15.2% from 13.3%. Cash from operations strengthened to $49.9 million, cash and temporary investments were $38.4 million, and borrowings on the revolving credit facility declined to $45.0 million with $55.0 million of availability. The company repurchased 26,707 shares in August under its $25 million program and reduced U.S. headcount by about 150 positions to align production with demand.
On November 3, the board declared a quarterly dividend of $0.20 per share, payable on December 9, 2025 to shareholders of record on December 2, 2025.