Filing Flows › Alamo Group (ALG) › Q3 2026 › vs Q3 2025
Alamo Group (ALG) Q3 2026 vs Q3 2025 (year over year)
Alamo Group's revenue fell $16.9M (-4%) from $420M in Q3 2025 to $403M in Q3 2026. The biggest changes: Wholegoods −$24.1M (-7%); Parts +$4.0M (+5%); Other +$3.1M (+25%). Gross margin 18.9% against 24.2% (-5.3 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 18.9% | 24.2% | -5.3 pts |
| Operating margin | 0.9% | 8.9% | -8.1 pts |
| Net margin | 0.5% | 6.0% | -5.5 pts |
| Free cash flow margin | 13.6% | 12.6% | +1.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Wholegoods | $308M | $332M | −$24.1M | -7% |
| Parts | $79.7M | $75.7M | $4.0M | +5% |
| Other | $15.9M | $12.8M | $3.1M | +25% |
| Revenue | $403M | $420M | −$16.9M | -4% |
| Gross profit | $76.1M | $102M | −$25.6M | -25% |
| Cost of revenue | $327M | $318M | $8.7M | +3% |
| Other income, net | $1.2M | −$2.6M | $3.8M | — |
| Operating profit | $3.4M | $37.5M | −$34.1M | -91% |
| Operating expenses | $72.7M | $64.1M | $8.5M | +13% |
| Pre-tax earnings | $4.7M | $35.0M | −$30.3M | -87% |
| SG&A | $67.6M | $59.9M | $7.7M | +13% |
| Other operating costs | $5.1M | $4.2M | $863K | +20% |
| Net earnings | $2.0M | $25.4M | −$23.4M | -92% |
| Income tax | $2.6M | $9.6M | −$7.0M | -73% |
| Depreciation & amortization | $11.4M | $11.0M | $420K | +4% |
| Share-based compensation | $1.3M | $3.7M | −$2.4M | -66% |
| Working capital & other | $45.9M | $25.5M | $20.4M | +80% |
| Operating cash flow | $60.6M | $65.5M | −$4.9M | -8% |
| Free cash flow (OCF − capex) | $54.8M | $53.1M | $1.7M | +3% |
| Capital expenditures | $5.7M | $12.4M | −$6.7M | -54% |
Questions
How much did Alamo Group's revenue grow year over year in Q3 2026?
Alamo Group's revenue fell $16.9M (-4%) from $420M in Q3 2025 to $403M in Q3 2026.
What drove Alamo Group's revenue change in Q3 2026?
Wholegoods −$24.1M (-7%); Parts +$4.0M (+5%); Other +$3.1M (+25%).