Filing Flows › Alta Equipment Group (ALTG) › Q1 2026
Alta Equipment Group (ALTG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Alta Equipment Group (ALTG) reported revenue of $410M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -19% from the quarter before. Operating margin was -1.4%, net loss $19.5M (4.8% of revenue).
Alta Equipment Group, Q1 2026: revenue $410M (-3% year over year), operating margin -1.4%, net loss $19.5M, operating cash flow $20.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $410M | -19% | -3% |
| Operating profit | −$5.7M | -210% | -812% |
| Net earnings | −$19.5M | — | — |
| Operating cash flow | $20.8M | -39% | — |
| Free cash flow | $17.8M | -46% | — |
What changed
Revenue was $410.5M in Q1 2026, down 3% year over year and down 19% from the previous quarter. New and Used Equipment Sales was the largest line at 50% of revenue. New and Used Equipment Sales lost $14.8M year over year (down 7%), 118% of the total change.
Gross margin was 26.6%, down 0.6 points from Q1 2025. Operating costs exceeded revenue by $5.7M, an operating margin of -1.4%. Operating expenses grew 1% against a revenue fall of 3%. The quarter ended with a net loss of $19.5M, wider than the previous quarter's $11.7M loss. Net interest and other expense of $17.6M was the main reason.
Operating cash flow was $20.8M. Non-cash charges added back $30.3M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $9.0M. Capital expenditures of $3.0M left free cash flow of $17.8M.
Questions
What was Alta Equipment Group's revenue in the first quarter 2026?
Alta Equipment Group (ALTG) reported revenue of $410M for the first quarter 2026 (Q1 2026), -3% from a year earlier and -19% from the quarter before.
Was Alta Equipment Group profitable in the first quarter 2026?
Operating loss was $5.7M (-1.4% of revenue) and net loss $19.5M.