NACCO INDUSTRIES INC

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 6, 2025

NC$34.95-0.8%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Statements of Operations

THREE MONTHS ENDED · SIX MONTHS ENDED
	JUNE 30		JUNE 30
	2025	2024	2025	2024
(In thousands, except per share data)
Revenues	$68,235	$52,345	$133,806	$105,634
Cost of sales	61,415	45,327	117,332	91,598
Gross profit	6,820	7,018	16,474	14,036
Earnings of unconsolidated operations	13,138	13,592	29,124	26,899
Operating expenses
Selling, general and administrative expenses	19,773	17,720	37,641	33,173
Amortization of intangible assets	245	116	407	242
Gain on sale of assets	(9)	(4,592)	(81)	(4,603)
	20,009	13,244	37,967	28,812
Operating (loss) profit	(51)	7,366	7,631	12,123
Other (income) expense
Interest expense	1,944	1,311	3,718	2,422
Interest income	(770)	(1,038)	(1,635)	(2,165)
Closed mine obligations	503	471	976	926
(Gain) loss on equity securities	(349)	264	521	(777)
Gain on settlement of excess funding liability	(3,590)	—	(3,590)	—
Other, net	217	130	520	(84)
	(2,045)	1,138	510	322
Income before income tax (benefit) provision	1,994	6,228	7,121	11,801
Income tax (benefit) provision	(1,266)	256	(1,039)	1,259
Net income	$3,260	$5,972	$8,160	$10,542
Earnings per share:
Basic earnings per share	$0.44	$0.81	$1.10	$1.42
Diluted earnings per share	$0.44	$0.81	$1.10	$1.42
Basic weighted average shares outstanding	7,445	7,394	7,398	7,419
Diluted weighted average shares outstanding	7,445	7,394	7,446	7,437

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.