Filing Flows › Alamo Group (ALG) › Q1 2026
Alamo Group (ALG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Alamo Group (ALG) reported revenue of $417M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +12% from the quarter before. Operating margin was 10.1%, net earnings $29.2M (7.0% of revenue).
Alamo Group, Q1 2026: revenue $417M (+7% year over year), operating margin 10.1%, net earnings $29.2M, operating cash flow −$23.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $417M | +12% | +7% |
| Gross profit | $105M | +23% | +2% |
| Operating profit | $42.2M | +87% | -5% |
| Net earnings | $29.2M | +88% | -8% |
| Operating cash flow | −$23.5M | -131% | -266% |
What changed
Revenue was $417.1M in Q1 2026, up 7% year over year and up 12% from the previous quarter. Wholegoods was the largest line at 80% of revenue. Wholegoods added $18.5M year over year (up 6%), 71% of the total change. Other declined 3%.
Gross margin was 25.1%, down 1.2 points from Q1 2025. Operating profit was $42.2M, a 10.1% margin (down 1.3 points year over year). Operating profit fell $2.3M even though revenue rose $26.2M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $29.2M, down 8% year over year. The effective tax rate was 25.3%.
Operating cash flow was −$23.5M. Non-cash charges added back $11.6M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $66.1M. Capital expenditures of $4.5M exceeded it, leaving free cash flow of −$28.0M.
Questions
What was Alamo Group's revenue in the first quarter 2026?
Alamo Group (ALG) reported revenue of $417M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +12% from the quarter before.
Was Alamo Group profitable in the first quarter 2026?
Operating profit was $42.2M (10.1% of revenue) and net earnings $29.2M.
Source: Alamo Group 10-Q on SEC EDGAR.