Astec Q1 sales rise 20.3% to $396.3 million; net income falls to $1.3 million
Astec Industries reported first quarter 2026 results for the three months ended March 31, 2026. Net sales rose 20.3% to $396.3 million, but net income fell to $1.3 million from $14.3 million a year earlier, and diluted EPS dropped to $0.06 from $0.62. The company maintained its full year 2026 adjusted EBITDA guidance of $170 million to $190 million.
Key points
- Net sales were $396.3 million, up 20.3%, with Materials Solutions up 70.6% to $159.3 million and Infrastructure Solutions up 0.4% to $237.0 million.
- Net income was $1.3 million and diluted EPS was $0.06, compared with $14.3 million and $0.62 in the first quarter of 2025. Adjusted EPS was $0.54, compared with $0.91.
- Adjusted EBITDA was $30.3 million, down from $35.2 million, and the company maintained its full year 2026 adjusted EBITDA guidance of $170 million to $190 million.
- Operating cash flow was $40.7 million and free cash flow was $32.6 million; leverage was 2.3x at quarter end.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
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.