ASTEC 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

ASTE$37.63+5.4%Stored close · as of Nov 9, 2026

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Consolidated Statements of Operations

INDEX

Consolidated Statements of Operations

(In millions, except share and per share data, unaudited)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Net sales	$330.3	$345.5	$659.7	$654.7
Cost of sales	242.0	264.2	479.0	496.5
Gross profit	88.3	81.3	180.7	158.2
Selling, general and administrative expenses	67.0	71.1	138.9	142.5
Goodwill impairment	—	20.2	—	20.2
Restructuring and other asset gains, net	(0.1)	0.7	(0.1)	(0.1)
Income (loss) from operations	21.4	(10.7)	41.9	(4.4)
Other income (expenses), net:
Interest expense	(2.1)	(3.1)	(4.1)	(5.8)
Interest income	1.6	0.4	2.2	1.0
Other income (expenses), net	1.7	(0.3)	2.3	0.2
Income (loss) before income taxes	22.6	(13.7)	42.3	(9.0)
Income tax provision	5.8	0.3	11.2	1.7
Net income (loss)	16.8	(14.0)	31.1	(10.7)
Net (income) loss attributable to noncontrolling interest	(0.1)	—	(0.1)	0.1
Net income (loss) attributable to controlling interest	$16.7	$(14.0)	$31.0	$(10.6)
Per share data:
Earnings (loss) per common share - Basic	$0.73	$(0.61)	$1.36	$(0.47)
Earnings (loss) per common share - Diluted	$0.72	$(0.61)	$1.35	$(0.47)
Weighted average shares outstanding - Basic	22,877,075	22,796,729	22,855,304	22,779,414
Weighted average shares outstanding - Diluted	23,074,780	22,796,729	23,025,924	22,779,414

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