JBT Marel Q3 net income rises 6% to $70 million; revenue falls 1% to $994 million
JBT Marel reported third-quarter 2026 results with revenue down 1% to $994 million, while net income rose 6% to $70 million and diluted EPS reached $1.34. The Board also raised the total share repurchase authorization to $700 million, and the company revised its full-year 2026 revenue outlook to reflect lower near-term volume expectations.
Key points
- Q3 revenue $994 million, down 1% from $1,001 million; net income $70 million, up 6%.
- Diluted EPS $1.34 vs. $1.26 a year earlier; adjusted EPS $2.19 vs. $1.94.
- Board authorized a $500 million increase on October 30, 2026, bringing the total repurchase authorization to $700 million; about 800,000 shares repurchased for $94 million in Q3.
- Full-year 2026 guidance: revenue $3,950-$4,000 million, adjusted EBITDA margin 17.25%-17.50%, adjusted EPS $8.10-$8.40.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.