The lowered guidance and persistent losses increase the likelihood of a dilutive capital raise given the recent S-3 filing. Monitor the earnings call for details on cash flow sustainability, debt reduction plans, and any equity offering. The stock is likely to trade down on the miss and guidance cut.
Price Chart
Executive Summary
Alta Equipment Group reported Q1 2026 revenue of $410.5M, missing consensus of $424.2M by 3.2%, and a net loss per share of $(0.62). Adjusted EBITDA declined 16.4% to $28.1M, and the company lowered its full-year 2026 Adjusted EBITDA guidance to $167.5M-$182.5M, down from $172.5M-$187.5M. The combination of a revenue miss, operating losses, and reduced guidance, along with a recently filed S-3 shelf registration, points to ongoing financial stress.
Key Financial Metrics
Key Facts
- Q1 2026 total revenue $410.5M, down 3.0% YoY vs consensus $424.2M
- GAAP net loss per share $(0.62) vs $(0.65) in Q1 2025
- Adjusted EBITDA $28.1M, down 16.4% YoY from $33.6M
- Full-year 2026 Adjusted EBITDA guidance lowered to $167.5M-$182.5M from $172.5M-$187.5M
- Operating cash flow improved to $20.8M from negative $17.5M in prior year period
- S-3 shelf registration filed May 1, 2026, suggesting potential capital needs
Financial Impact
Revenue shortfall of ~$13.7M vs consensus; Adjusted EBITDA guidance midpoint reduced by $5M
Risk Factors
- Continued net losses and high debt load may force equity issuance
- Lowered EBITDA guidance signals weaker H1 2026 than previously expected
- Tariff and weather-related headwinds could persist
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-211977 |
| Document: altg-20260507.htm | 0001193125-26-211977 |
| Document: 0001193125-26-211977-index-headers.html | 0001193125-26-211977 |
| Document: 0001193125-26-211977-index.html | 0001193125-26-211977 |
| Document: 0001193125-26-211977.txt | 0001193125-26-211977 |
| 8-K Data (Synthetic) | 0001193125-26-211977 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 2, 2026 25d ago | 8-K | $6.48 $6.45 | ▼ −0.46% | ▼ −1.14% | $6.64 (+2.55%) |
Oct 2, 2026 25d ago | Press Release | $6.48 $6.45 | ▼ −0.46% | ▼ −1.14% | $6.64 (+2.55%) |
Aug 25, 2026 9w ago | Institutional Cluster | $6.19 $6.20 | ▲ +0.16% | ▲ +0.14% | $6.64 (+7.35%) |
Jul 2, 2026 16w ago | 8-K / PRESS-RELEASE | $6.19 $6.48 | ▲ +4.68% | ▲ +3.81% | $6.64 (+7.35%) |
Jun 11, 2026 19w ago | Institutional Cluster | $7.05 $7.12 | ▲ +0.99% | ▼ −0.77% | $6.64 (−5.74%) |
May 13, 2026 23w ago | EFFECT | $25.06 $25.20 | ▲ +0.57% | ▼ −0.21% | $6.64 (−73.48%) |
May 7, 2026 24w ago | 8-K | $25.22 $25.02 | ▲ +0.79% | ▲ +1.02% | $6.64 (+73.65%) |
Apr 15, 2026 27w ago | DEFA14A | $24.92 $24.92 | · 0.00% | ▼ −1.21% | $6.64 (−73.33%) |
Apr 3, 2026 29w ago | 8-K | $24.58 $24.57 | ▼ −0.06% | ▼ −0.12% | $6.64 (−72.97%) |
Apr 3, 2026 29w ago | Press Release | $5.38 $5.25 | ▼ −2.42% | ▼ −2.48% | $6.64 (+23.51%) |
US Market Status
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