AMERICAN VANGUARD CORP
For the period ended Sep 30, 2026. Filed Nov 9, 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.
Sep 30, 2026 · Filed Nov 9, 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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Financial Statements (unaudited)Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OFOPERATIONS
(In thousands, except per share data)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net sales | $108,376 | $119,313 | $348,698 | $364,426 |
| Cost of sales | (82,124) | (85,099) | (249,316) | (259,474) |
| Gross profit | 26,252 | 34,214 | 99,382 | 104,952 |
| Operating expenses | ||||
| Selling, general and administrative | (25,797) | (26,747) | (80,133) | (81,998) |
| Research, product development and regulatory | (5,342) | (5,654) | (17,097) | (17,139) |
| Product liability claims | (22) | (7,029) | (223) | (7,029) |
| CFO transition costs | (1,316) | — | (1,316) | — |
| Transformation | (1,665) | (1,442) | (5,975) | (5,254) |
| Asset impairments | — | (93) | (943) | (227) |
| (Loss) gain from sale of assets | (75) | 246 | (75) | 246 |
| Operating loss | (7,965) | (6,505) | (6,380) | (6,449) |
| Change in fair value of an equity investment | (21) | (511) | (193) | (511) |
| Interest expense, net | (9,146) | (4,920) | (24,066) | (13,135) |
| Loss before provision for income taxes | (17,132) | (11,936) | (30,639) | (20,095) |
| Income tax expense | (536) | (422) | (1,043) | (1,574) |
| Net loss | $(17,668) | $(12,358) | $(31,682) | $(21,669) |
| Net loss per common share—basic | $(0.61) | $(0.43) | $(1.10) | $(0.76) |
| Net loss per common share—assuming dilution | $(0.61) | $(0.43) | $(1.10) | $(0.76) |
| Weighted average shares outstanding—basic | 28,775 | 28,511 | 28,691 | 28,377 |
| Weighted average shares outstanding—assuming dilution | 28,775 | 28,511 | 28,691 | 28,377 |
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