Alta Equipment

Q2 FY2026 EarningsQ2 FY2026 results missed consensus on the top line but showed resilience in profitability. Total revenue of $475.5M fell short of the $488.7M estimate, reflecting a 1.2% YoY decline primarily due to challenging markets in construction and material handling. However, GAAP EPS of -$0.25 slightly outperformed the -$0.258 consensus, supported by a 130 bps YoY improvement in equipment sales margins and a significant $2.8M reduction in interest expense. Management tightened FY2026 Adjusted EBITDA guidance to $167.5M-$177.5M, the midpoint of which sits slightly below previous expectations but signals stabilizing demand.