NACCO Q3 revenue rose 5% to $80.5 million; net income fell 18% on higher taxes
NACCO Industries reported third-quarter 2026 results with revenue up 5% year over year to $80.5 million and operating profit up 37% to $9.3 million, while net income fell 18% to $10.9 million because of a higher income tax expense. The company said full-year 2026 consolidated operating profit is expected to be comparable to 2025, and that it expects a substantial year-over-year increase in Adjusted EBITDA.
Key points
- Q3 2026 revenue was $80.5 million, up from $76.6 million in Q3 2025.
- Net income was $10.9 million, or $1.44 diluted EPS, versus $13.3 million, or $1.78 diluted EPS, a year earlier; income tax provision was $1.6 million compared with a $7.3 million benefit in Q3 2025.
- Consolidated Adjusted EBITDA rose 63% to $20.4 million, and operating profit included $3.4 million of solar curtailment costs.
- Full-year 2026 consolidated operating profit is expected to be comparable to 2025, and fourth-quarter results could be lower than the prior-year quarter depending on the timing of solar curtailment costs.
The filing
Written by AI on Nov 9, 2026, 8:51 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 November 04, 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.