AMERICAN VANGUARD CORP
For the period ended Mar 31, 2026. Filed May 6, 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.
Mar 31, 2026 · Filed May 6, 2026
AVD$0.82-15.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| 2026 | 2025 | |
|---|---|---|
| Net sales | $123,568 | $115,800 |
| Cost of sales | (85,151) | (85,609) |
| Gross profit | 38,417 | 30,191 |
| Operating expenses | ||
| Selling, general and administrative | (27,713) | (26,628) |
| Research, product development and regulatory | (5,271) | (5,682) |
| Product liability claims | (81) | — |
| Transformation | (2,804) | (2,191) |
| Asset impairments | (659) | — |
| Operating income (loss) | 1,889 | (4,310) |
| Change in fair value of an equity investment | (120) | — |
| Interest expense, net | (5,790) | (3,765) |
| Loss before provision for income taxes | (4,021) | (8,075) |
| Income tax expense | (124) | (387) |
| Net loss | $(4,145) | $(8,462) |
| Net loss per common share—basic | $(0.14) | $(0.30) |
| Net loss per common share—assuming dilution | $(0.14) | $(0.30) |
| Weighted average shares outstanding—basic | 28,649 | 28,271 |
| Weighted average shares outstanding—assuming dilution | 28,649 | 28,271 |
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