ALTA EQUIPMENT GROUP (ALTG) Company Report

Alta Equipment Group reported Q3 2025 revenue of $422.6 million, marking a 5.8% organic reduction versus the prior year, with adjusted EBITDA reaching $41.7 million.
The company updated its fiscal year 2025 adjusted EBITDA guidance to between $168 million and $172 million and maintained its free cash flow before rent-to-sale decisioning guidance at $105 million to $110 million.
Equipment sales were challenged in Q3 2025, particularly in the construction segment, which saw an $18.7 million drop year-over-year; however, October new equipment sales topped $75 million, representing nearly 60% of Q3's entire equipment sales.
The material handling segment's adjusted EBITDA was $17.5 million in Q3, up year-over-year and sequentially, and its backlog remains over $100 million.
The company completed the divestiture of its dock and door division and reduced SG&A by approximately $25 million year-to-date through structural cost savings and improved efficiency.

Nov 6, 2025, 10:00 PM

Alta Equipment Group Inc. Announces Third Quarter 2025 Financial Results

ALTG

Earnings

Guidance Update

Demand Weakening

Alta Equipment Group Inc. reported total revenues decreased $26.2 million year over year to $422.6 million for the third quarter ended September 30, 2025.
The company recorded a net loss available to common stockholders of $(42.3) million, resulting in basic and diluted net loss per share of $(1.31).
Adjusted EBITDA decreased $1.5 million year over year to $41.7 million for Q3 2025.
The income tax expense of $24.4 million in Q3 2025 was primarily related to valuation allowance impacts of the One Big Beautiful Bill Act (OBBBA), which is expected to reduce future cash taxes paid.
Management updated its full-year 2025 Adjusted EBITDA guidance to be between $168.0 million and $172.0 million.

Nov 6, 2025, 9:17 PM

Alta Equipment Group Announces Third Quarter 2025 Financial Results and Updated Full-Year Guidance

ALTG

Earnings

Guidance Update

Demand Weakening

Alta Equipment Group reported a 5.8% year-over-year decrease in total revenues to $422.6 million for the third quarter of 2025, primarily due to a $20.7 million reduction in the Construction Equipment segment driven by a fleet optimization strategy.
The company recorded a net loss available to common stockholders of $(42.3) million and a basic and diluted net loss per share of $(1.31) for the quarter, with Adjusted EBITDA decreasing to $41.7 million.
Income tax expense for the quarter was $24.4 million, largely due to valuation allowance impacts from the One Big Beautiful Bill Act (OBBBA), which, despite causing a non-recurring deferred income tax expense, is expected to reduce future cash taxes.
Alta Equipment Group updated its full-year 2025 Adjusted EBITDA guidance to a range of $168.0 million to $172.0 million.