Filing Flows › Alamo Group (ALG) › Q3 2026 › vs Q2 2026
Alamo Group (ALG) Q3 2026 vs Q2 2026 (quarter over quarter)
Alamo Group's revenue fell $47.6M (-11%) from $451M in Q2 2026 to $403M in Q3 2026. The biggest changes: Wholegoods −$51.0M (-14%); Parts +$9.1M (+13%); Other −$5.8M (-27%). Gross margin 18.9% against 24.6% (-5.7 pts).
Alamo Group, Q3 2026: revenue $403M (-4% year over year), operating margin 0.9%, net earnings $2.0M, operating cash flow $60.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 18.9% | 24.6% | -5.7 pts |
| Operating margin | 0.9% | 10.2% | -9.3 pts |
| Net margin | 0.5% | 6.9% | -6.4 pts |
| Free cash flow margin | 13.6% | 9.0% | +4.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Wholegoods | $308M | $359M | −$51.0M | -14% |
| Parts | $79.7M | $70.6M | $9.1M | +13% |
| Other | $15.9M | $21.6M | −$5.8M | -27% |
| Revenue | $403M | $451M | −$47.6M | -11% |
| Gross profit | $76.1M | $111M | −$34.7M | -31% |
| Cost of revenue | $327M | $340M | −$12.9M | -4% |
| Other income, net | $1.2M | −$4.2M | $5.4M | — |
| Operating profit | $3.4M | $45.8M | −$42.3M | -92% |
| Operating expenses | $72.7M | $65.1M | $7.6M | +12% |
| Pre-tax earnings | $4.7M | $41.6M | −$36.9M | -89% |
| SG&A | $67.6M | $60.1M | $7.5M | +13% |
| Other operating costs | $5.1M | $5.0M | $58K | +1% |
| Net earnings | $2.0M | $30.9M | −$28.9M | -93% |
| Income tax | $2.6M | $10.7M | −$8.0M | -75% |
| Depreciation & amortization | $11.4M | $11.5M | −$157K | -1% |
| Share-based compensation | $1.3M | $1.8M | −$510K | -29% |
| Working capital & other | $45.9M | $1.9M | $44.0M | 24× |
| Operating cash flow | $60.6M | $46.2M | $14.4M | +31% |
| Free cash flow (OCF − capex) | $54.8M | $40.4M | $14.5M | +36% |
| Capital expenditures | $5.7M | $5.8M | −$71K | -1% |
Questions
How much did Alamo Group's revenue grow quarter over quarter in Q3 2026?
Alamo Group's revenue fell $47.6M (-11%) from $451M in Q2 2026 to $403M in Q3 2026.
What drove Alamo Group's revenue change in Q3 2026?
Wholegoods −$51.0M (-14%); Parts +$9.1M (+13%); Other −$5.8M (-27%).