Edward Jackson

Brian Sponheimer

Eric Ballantine

Kirk Ludtke

Ted Jackson

Alfred Moore

Eric Ballantyne

- Hyster-Yale reported **Q3 2025 revenues of $979 million**, a **4% decrease** compared to the prior year, resulting in an **adjusted operating profit of $3 million** and an **adjusted net loss of $2 million**.  **[0001173514_2233528:6]** **[0001173514_2233528:7]** 
- The company attributed the financial decline primarily to **reduced market demand** coupled with **tariff-driven cost increases**.  **[0001173514_2233528:6]** **[0001173514_2233528:7]** 
- Despite the financial performance, Hyster-Yale maintained **solid liquidity** with **$275 million in unused borrowing capacity** and experienced a **15% increase in unit bookings value** to **$380 million** compared to Q2 2025.  **[0001173514_2233528:6]** 
- For **Q4 2025**, the company anticipates **lower revenue** compared to Q3 2025 and expects a **moderate operating loss**, citing **higher tariffs** as a source of **cost and market demand uncertainty** for the 2026 performance outlook.  **[0001173514_2233528:6]** **[0001173514_2233528:9]**

Hyster-Yale Announces Q3 2025 Results and Q4 Outlook

- Hyster-Yale reported **Q3 2025 consolidated revenues of $979 million**, representing a **4% decrease** compared to the prior year, and a **net loss of $2.3 million**.  **[1173514_0001173514-25-000128_q32025investorpresentati.htm:3]** 
- The company's **adjusted operating profit for Q3 2025 was $3.3 million**, which was significantly below the prior year's results, primarily due to **reduced market demand, economic uncertainty, and higher tariffs**.  **[1173514_0001173514-25-000128_q32025investorpresentati.htm:3]** 
- Despite the financial performance, Hyster-Yale maintains **solid liquidity with $275 million in unused borrowing capacity** and reported an improvement in bookings, with **unit bookings value increasing 15% to $380 million** compared to Q2 2025, contributing to a **$1.4 billion unit value backlog**.  **[1173514_0001173514-25-000128_q32025investorpresentati.htm:3]** 
- For **Q4 2025, the company anticipates lower revenue** compared to Q3 2025 and expects a **moderate operating loss** for the consolidated entity, with cash flow from operations projected to be well below 2024 levels.  **[1173514_0001173514-25-000128_q32025investorpresentati.htm:4]**

Hyster-Yale Reports Q3 2025 Financial Results with Revenue Decline and Net Loss

- HYSTER-YALE, INC. reported consolidated revenues of **$979.1 million** for Q3 2025, marking a **3.6% decrease** year-over-year.  **[1173514_0001173514-25-000127_hydataschedule93025ex99.htm:1]** 
- The company experienced a **net loss attributable to stockholders of $2.3 million** in Q3 2025, a significant decline from the **$17.2 million net income** reported in Q3 2024.  **[1173514_0001173514-25-000127_hydataschedule93025ex99.htm:3]** 
- Operating profit for Q3 2025 was **$2.3 million**, down from **$33.1 million** in Q3 2024.  **[1173514_0001173514-25-000127_hydataschedule93025ex99.htm:1]** 
- Restructuring and impairment charges in Q3 2025 amounted to **$1.0 million**.  **[1173514_0001173514-25-000127_hydataschedule93025ex99.htm:1]** **[1173514_0001173514-25-000127_hydataschedule93025ex99.htm:9]**

HYSTER-YALE, INC. Reports Q3 2025 Financial Results

- Hyster-Yale reported **Q3 2025 consolidated revenues of $979 million**, a **4% decline year-over-year**, and a **93% year-over-year decrease in operating profit** to **$2.3 million**, resulting in a **diluted loss per share of $(0.13)**.  **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:0]** 
- The significant decline in operating profit was primarily driven by **higher tariff costs of approximately $40 million** and **lower truck volumes** across all product lines, reflecting ongoing economic uncertainty.  **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:0]** **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:1]** 
- Operating cash flow improved sequentially to **$37 million** in Q3 2025 due to increased inventory efficiency, and the company modestly reduced debt, though financial leverage increased due to lower earnings.  **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:0]** **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:2]** 
- While unit bookings improved sequentially to **$380 million**, the backlog decreased to **$1.35 billion** at the end of Q3 2025 as shipments outpaced new bookings, and the company anticipates **further backlog degradation** and a **moderate operating loss in Q4 2025**.  **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:4]** **[1173514_0001173514-25-000125_hyq32025earningsreleaseex99.htm:5]**

Hyster-Yale Announces Third Quarter 2025 Results

- Hyster-Yale reported **consolidated revenues of $979.1 million** for Q3 2025, marking a **4% decline year-over-year** but a 2% sequential increase.  **[1173514_20251104CL14744:0]** 
- The company's profitability significantly decreased, with **operating profit falling 93% year-over-year to $2.3 million** and a **net loss of $2.3 million** (diluted EPS of **$(0.13)**) in Q3 2025.  **[1173514_20251104CL14744:0]** 
- This decline was primarily attributed to **higher tariffs**, including new steel import tariffs amounting to approximately **$40 million** in Q3 2025, and **lower truck volumes** due to ongoing economic uncertainty.  **[1173514_20251104CL14744:0]** **[1173514_20251104CL14744:1]** 
- Operating cash flow improved sequentially to **$37 million** in Q3 2025, driven by increased inventory efficiency.  **[1173514_20251104CL14744:0]** 
- Hyster-Yale anticipates a **moderate operating loss** in Q4 2025, with tariff costs projected to be consistent with Q3 2025 levels.  **[1173514_20251104CL14744:5]**

HYSTER-YALE (HY)