en.Wedoany.com Reported - Alamo Group Inc. announced its second quarter results on August 3, 2026, achieving net sales of $450.7 million, an increase of 7.6% compared to $419.1 million in the same period of 2025. Net income was $30.9 million, with diluted earnings per share of $2.55, essentially flat compared to $2.57 in the second quarter of 2025. Adjusted net income was $34.2 million, up from $31.9 million in the second quarter of 2025. Adjusted diluted earnings per share were $2.82, an increase of 7.2% from $2.63 in the prior year period. The company's adjusted EBITDA was $63.9 million, representing 14.2% of net sales, up 8.7% from $58.8 million in the second quarter of 2025. As of June 30, 2026, the company held cash of $195.0 million and total debt of $262.7 million.
By segment, the Industrial Equipment Division generated net sales of $271.6 million, an increase of 12.8% from $240.7 million in the second quarter of 2025, driven by organic demand and contributions from the Petersen acquisition. The division's adjusted EBITDA was $45.3 million, representing 16.7% of net sales. The Vegetation Management Division generated net sales of $179.1 million, an increase of 0.4% from $178.4 million in the prior year period, with adjusted EBITDA of $18.6 million, representing 10.4% of net sales. The company's President and Chief Executive Officer, Robert Hureau, stated that the second quarter results reflect continued execution across the business segments, with the Industrial Equipment Division demonstrating strong sales growth and margin improvement, while the Vegetation Management Division maintained relatively stable sales.
In May 2026, the company renewed its credit facility on improved terms, securing $602.5 million in committed capacity, consisting of a $400.0 million revolving credit facility and a $202.5 million term loan. During the first half of 2026, the company funded the Petersen acquisition, repurchased $10.8 million of common stock, and paid $8.2 million in dividends, returning a total of $19.0 million to shareholders. During the same period, cash flow from operating activities was $22.7 million, cash outflow from investing activities was $171.6 million, and cash inflow from financing activities was $37.3 million.
Founded in 1969 and headquartered in Seguin, Texas, Alamo Group manufactures specialized industrial and vegetation management equipment, including vacuum trucks, street sweepers, road safety equipment, excavators, snow removal equipment, and tractor-mounted mowing equipment. Products are sold to contractor and municipal customers through independent dealers and direct distribution channels. The company operates 27 manufacturing facilities in the United States, Canada, Europe, Brazil, and Australia, employs approximately 3,800 people, and is organized into two divisions: Industrial Equipment and Vegetation Management.
The company will hold a conference call to discuss results and outlook on August 4, 2026, at 10:00 a.m. Eastern Time. The dial-in number is 1-833-816-1163 (domestic) or 1-412-317-1898 (international). A replay will be available until August 11, 2026, at 1-855-669-9658 (domestic) or 1-412-317-0088 (international), with passcode 7509167. A live webcast and archive will be available on the Investor Relations section of the company's website at www.alamo-group.com.
