Alta Equipment Group Q3 revenue slips 1.2% to $417.4 million; net loss narrows
Alta Equipment Group reported third-quarter 2026 revenue of $417.4 million, down 1.2% from a year earlier, while its net loss available to common stockholders narrowed to $12.2 million from $42.3 million. Adjusted EBITDA rose 7.7% to $44.9 million, and the company revised its full-year 2026 Adjusted EBITDA guidance to a range of $165.0 million to $170.0 million. Shareholders get lower losses and higher adjusted profit, alongside a slight sales decline.
Key points
- Q3 total revenue was $417.4 million versus $422.6 million a year earlier; organic revenue fell 0.7%.
- Basic and diluted net loss per share was $(0.37), compared with $(1.31) in the prior-year quarter.
- Material Handling equipment bookings rose 67% year over year, and backlog continued to grow.
- Full-year 2026 Adjusted EBITDA guidance was revised to $165.0 million to $170.0 million.
The filing
Written by AI on Nov 9, 2026, 7:16 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.