Aebi Schmidt Reports Quarterly Sales of $496 Million in Q2 2026
Key Facts
Aebi Schmidt Group reported net sales of $496 million in the second quarter of 2026, up 9% from the same quarter in 2025, according to company data. Adjusted EBITDA rose to $42.1 million, a 22% year-over-year increase. The CEO said adjusted earnings grew faster than sales, attributing the gain to the execution of operational initiatives. Published in August, the results provide a documented indicator of the group's performance ahead of its scheduled third-quarter results announcement on November 11. The backlog also reached $1.279 billion on June 30, reflecting an expansion in the order book compared with the previous year.
The group said the 22% increase in adjusted earnings exceeded the 9% growth in net sales, describing this as a more-than-proportional improvement in profitability. The CEO linked the performance to the execution of operational initiatives, with the available data not attributing the improvement to any other factor. The comparison between sales and profitability growth highlights that adjusted earnings expanded at a faster pace in the second quarter. Adjusted earnings totaled $42.1 million for the period, according to the company statement. The figures came as annual sales rose to $496 million.
On orders, the backlog rose 20% to $1.279 billion on June 30, 2026, compared with its level on June 30, 2025, the group said. This balance provides a picture of outstanding orders at the end of the first half of the year. Backlog growth outpaced second-quarter sales growth, which was 9% year over year. The available information does not specify the value of this balance expected to convert into sales in subsequent periods. It also does not detail the distribution of orders across the group's businesses.
The group announced on November 9 an agreement to acquire 100% of the shares of O.J. Watson Equipment, a Denver-based vehicle outfitter. It said the deal would give it a direct presence in the Rocky Mountain region for the first time and strengthen its municipal business in North America. It expects to complete the transaction by the end of 2026. The group added that the acquisition is expected to be accretive to earnings per share in the first year after completion. The move comes ahead of the third-quarter results announcement, but is separate from the second-quarter results published in August.
Aebi Schmidt said third-quarter results will be released before the market opens on November 11, 2026, with an earnings call scheduled for the same day at 8:30 a.m. Eastern time. This will give investors a view of performance in the period following the June quarter. The available facts here do not include verified third-quarter figures or an update to full-year guidance. The second-quarter results and backlog through June 30 remain the latest financial performance indicators in these facts. Completion of the O.J. Watson deal is still expected by the end of 2026.