AI-extracted from the 10-Q filed 2026-08-03 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Industrial Equipment revenue rose 13% to $271.6M driven by Petersen Industries and Ring-O-Matic acquisitions, while Vegetation Management held flat at $179.1M; total Q2 revenue reached $450.7M, up 8% YoY.
Biggest Revenue Drivers
Industrial Equipment$271.6M+13% YoY
Addition of Ring-O-Matic and Petersen Industries acquisitions; organic growth of 3%.
Vegetation Management$179.1MFlat YoY
Modest improvements in tree care and agricultural markets offset by lower municipal mowing activity.
Biggest Revenue Drivers
Total revenue: $450.7M+8% YoY
Industrial Equipment$271.6M+13% YoY
Addition of Ring-O-Matic and Petersen Industries acquisitions; organic growth of 3%.
Vegetation Management$179.1MFlat YoY
Modest improvements in tree care and agricultural markets offset by lower municipal mowing activity.
Largest Expense Items
Cost of sales$339.9M+9% YoY
Increase from higher sales volume and temporary production inefficiencies from facility consolidation.
Selling, general and administrative$60.1M+5% YoY
Increase attributable to recent acquisitions and restructuring-related costs; ~$3.5M of $4.3M restructuring expenses recorded here.
Amortization expense$5.0M+23% YoY
Increase due to Ring-O-Matic and Petersen Industries acquisitions.
Interest expense$4.8M+30% YoY
Increased debt related to Petersen Industries acquisition in January 2026.
Margins: Gross margin declined 125 basis points to 24.6% of net sales, primarily due to lower municipal mowing volumes and temporary production inefficiencies associated with facility consolidation activities, partially offset by higher sales in the Industrial Equipment Division.
Watch Items from the Filing
Backlog declined 20% YoY to $549.3M from $687.2M, reflecting improved lead times and normalized order patterns in Industrial Equipment after prior elevated demand environment.
Company incurred $4.3M in restructuring and acquisition-related expenses in Q2 2026; ongoing facility consolidation expected to create temporary inefficiencies, duplicate costs, and shipment-timing effects through rest of year.
Vegetation Management Division income from operations decreased 30% YoY due to weakness in municipal mowing markets despite flat net sales.
Petersen Industries acquisition ($163.8M) financed with combination of cash and new $202.5M term facility under amended credit agreement; $334.3M available borrowing capacity remains on $400M revolver as of June 30, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Lucas Thomas GregoryVP, Corp Controller and CAOGrant or award · Aug 18, 2026
Thomas Kevin JonEVP Industrial EquipmentShares withheld for tax or exercise price · Aug 1, 2026
Sefzik Andrew WayneVP General Counsel & SecretaryGrant or award · Jul 8, 2026
Bauer Robert PDirectorGrant or award · May 11, 2026
Etchart EricDirectorGrant or award · May 11, 2026
Haley ColleenDirectorGrant or award · May 11, 2026
Householder Paul DDirectorGrant or award · May 11, 2026
Congress trading in ALG
5 transactions in ALG reported by 1 member of Congress under the STOCK Act, most recent trade Oct 25, 2024. Reported transactions, not recommendations.
About ALAMO GROUP INC (ALG): stock profile, AI score and financials
ALAMO GROUP INC (ALG) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores ALG at 47.4/100 on a composite quality score built from its SEC filings, placing it at rank #1,796 of 2,925 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (12.8) and revenue growth (23.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), ALAMO GROUP INC reports quarterly revenue of $450.7M, net income of $30.9M, an operating margin of 10.2%. Top institutional holders of ALG by reported 13-F value include BlackRock, LONGVIEW ASSET MANAGEMENT, Allspring Global Investments, based on the most recent SEC filings. ALG trades on the NYSE exchange and files with the SEC under CIK 897077. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ALG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ALAMO GROUP INC directly from SEC EDGAR.