Filing Flows

Filing Flows › Industrials › Hyster-Yale (HY)

Hyster-Yale (HY) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Hyster-Yale (HY) Q3 2026 earnings results →

Q3 2026 Revenue down 16% year over year to $827M · 2¢ of every $1 of revenue lost · operating margin -1.1%

Hyster-Yale made $827M in Q3 2026 (-16% Y/Y). Operating margin -1.1%, net loss $14.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$827M
Year over year-16%
Operating margin-1.1%
Net earnings−$14.3M
Operating cash flow$26.3M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $827.4M in Q3 2026, down 15% year over year and up 2% from the previous quarter.

Gross margin was 15.0%, down 0.9 points from Q3 2025. Operating costs exceeded revenue by $9.1M, an operating margin of -1.1%. Operating expenses fell 13% while revenue fell 15%. The fastest-growing cost line was Other operating costs (+50%). The quarter ended with a net loss of $14.3M, narrower than the previous quarter's $31.3M loss.

Operating cash flow was $26.3M (down 29% year over year). Non-cash charges added back $11.4M of depreciation and amortization. Working capital and other items added $29.2M. Capital expenditures of $13.8M left free cash flow of $12.5M.

Quarterly history

Hyster-Yale revenue by quarterHyster-Yale revenue by quarter$910MQ1 2025$957MQ2 2025$979MQ3 2025$923MQ4 2025$795MQ1 2026$813MQ2 2026$827MQ3 2026
Hyster-Yale net earnings by quarterHyster-Yale net earnings by quarter$8.7MQ1 2025−$13.4MQ2 2025−$1.7MQ3 2025−$51.6MQ4 2025−$30.3MQ1 2026−$31.3MQ2 2026−$14.3MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$827M-16%-1.1%−$14.3M$26.3M
Q2 202610-QAug 4, 2026$813M-15%-2.3%−$31.3M$16.7M
Q1 202610-QMay 5, 2026$795M-13%-3.5%−$30.3M−$32.9M
Q4 202510-KMar 3, 2026$923M-14%-4.0%−$51.6M$56.5M
Q3 202510-QNov 4, 2025$979M-4%0.2%−$1.7M$37.1M
Q2 202510-QAug 5, 2025$957M-18%-0.9%−$13.4M$28.9M
Q1 202510-QMay 6, 2025$910M-14%2.3%$8.7M−$36.4M

Charts

Hyster-Yale: revenue growth, year over year and quarter over quarterHyster-Yale: revenue growth, year over year and quarter over quarterY/YQ/Q-14%Q1 2025-18%+5%Q2 2025-4%+2%Q3 2025-14%-6%Q4 2025-13%-14%Q1 2026-15%+2%Q2 2026-16%+2%Q3 2026
Latest (Q3 2026): Y/Y -16%, Q/Q +2%.
Hyster-Yale: where the cash came from (+) and went (−), TTM to Q3 2026Hyster-Yale: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$66.6MCapital spending−$61.9MDividends−$26.1MCash drawn (+) / kept (−)$12.6MBuybacks$8.3MOther investing−$5.2MAcquisitions$3.3MAsset & business sales$2.3MExchange rates$600KOther financing−$500K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Hyster-Yale: profit against cash, quarter by quarterHyster-Yale: profit against cash, quarter by quarterNet incomeOperating cash flow$10.7M$80.7MQ4 2024$8.7M−$36.4MQ1 2025−$13.4M$28.9MQ2 2025−$1.7M$37.1MQ3 2025−$51.6M$56.5MQ4 2025−$30.3M−$32.9MQ1 2026−$31.3M$16.7MQ2 2026−$14.3M$26.3MQ3 2026
Latest (Q3 2026): Net income −$14.3M, Operating cash flow $26.3M.
Hyster-Yale: diluted shares by fiscal yearHyster-Yale: diluted shares by fiscal year17MFY202017MFY202117MFY202217MFY202318MFY202418MFY2025
+5.2% since FY2020: more shares outstanding (issuance, stock pay).
Hyster-Yale: long-term debt falling due (FY2025)Hyster-Yale: long-term debt falling due (FY2025)$235M2026$29.7M2027$209M2028
Cash $123M, short-term investments —, long-term debt $473M at 2025-12-31.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

Customers and suppliers named in filings

Sells to

About Hyster-Yale

Hyster-Yale, Inc. ("Hyster-Yale" or the "Company") and its subsidiaries, including its operating companies, Hyster-Yale Materials Handling, Inc. ("HYMH") and Bolzoni S.p.A. ("Bolzoni"), is a globally integrated company offering a full line of high-quality, application-tailored lift trucks and solutions aimed at meeting the specific materials handling needs of its customers. The Company's solutions include attachments, parts, fleet management services, technology and energy solutions. The Company is headquartered in Cleveland, Ohio. Through HYMH, the Company designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, attachments, parts, fleet management services, technology and energy solutions marketed globally, primarily under the Hyster ® , Yale ® and Nuvera® brand names, mainly to independent Hyster ® and Yale ® retail dealerships.

In its own words, from its 10-K, filed Mar 3, 2026.

Hyster-Yale against its Industrial Trucks, Tractors, Trailors & Stackers peers

The largest companies of the same SEC industry, each at its latest quarter.

CompanyQuarterRevenueY/YOp. margin
HY Hyster-YaleQ3 2026$827M-16%-1.1%
TEX TerexQ3 2026$2.2B+58%8.3%

Source: Hyster-Yale 10-Q on SEC EDGAR · CIK 1173514 · Industrial Trucks, Tractors, Trailors & Stackers

Guidance and outlook

Hyster-Yale: what its forward-looking statements are about (10-Q filed 2026-11-05)Hyster-Yale: what its forward-looking statements are about (10-Q filed 2026-11-05)Demand8Other7Costs5Margins2Backlog1People1Capital spending1Products1
26 statements; tone +0.39 (−1 all cautious, +1 all confident); 1 hedged.
Hyster-Yale: outlook statements against the filing beforeHyster-Yale: outlook statements against the filing beforeConfident12Cautious2

13F: who owns HY and who is buying

Largest holders of HY (13F)Largest holders of HY (13F)BlackRock$32.9MGamco Investors, Inc. et Al$27.6MVanguard Group$20.7MDimensional Fund Advisors LP$17.4MVanguard Capital Management LLC$16.4MAmerican Century Companies$14.1MValueworks LLC$13.9MDeprince Race & Zollo$12.8MState Street$11.6MGeode Capital Management, LLC$10.4M
Funds' net buying of HY by quarter (13F)Funds' net buying of HY by quarter (13F)$10.1M2024-09$1.4M2024-12−$2.5M2025-03−$356K2025-06−$15.0M2025-09−$571K2025-12$12.1M2026-03$10.5M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on HY

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare HY with

中文版:Hyster-Yale(HY)财报

Español · Français