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ASTEC INDUSTRIES INC

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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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, 2026 · Filed Aug 5, 2026

ASTE$35.71+1.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

or

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____ to _____

Commission File Number:001-11595

Astec Industries, Inc.

(Exact name of registrant as specified in its charter)

Tennessee62-0873631
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
1725 Shepherd Road
Chattanooga, TN37421
(Address of principal executive offices)(Zip Code)

(423)899-5898

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockASTEThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer☒Accelerated Filer☐
Non-accelerated Filer☐Smaller Reporting Company☐
Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒

As of July 31, 2026, there were 23,025,367 shares of Common Stock outstanding.

Index to Quarterly Report on Form 10-Q

For the Quarter Ended June 30, 2026

Page
PART I
Item 1.Financial Statements (Unaudited)1
Consolidated Balance Sheets1
Consolidated Statements of Operations2
Consolidated Statements of Comprehensive Income3
Consolidated Statements of Cash Flows4
Consolidated Statements of Equity6
Notes to Unaudited Consolidated Financial Statements7
Note 1. Basis of Presentation and Significant Accounting Policies7
Note 2. Acquisitions8
Note 3. Inventories11
Note 4. Fair Value Measurements11
Note 5. Product Warranty Reserves12
Note 6. Accrued Loss Reserves13
Note 7. Income Taxes13
Note 8. Commitments and Contingencies13
Note 9. Revenue Recognition14
Note 10. Operations by Industry Segment and Geographic Area15
Note 11. Strategic Transformation, Restructuring Charges and Other Operating Gains, net18
Note 12. Earnings Per Common Share19
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations20
Item 3.Quantitative and Qualitative Disclosures About Market Risk27
Item 4.Controls and Procedures27
PART II
Item 1.Legal Proceedings28
Item 1A.Risk Factors28
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds28
Item 3.Defaults Upon Senior Securities28
Item 4.Mine Safety Disclosures28
Item 5.Other Information28
Item 6.Exhibits29
SIGNATURES30
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