NACCO Natural Resources reports second quarter 2026 financial results
Gross profit rose 123% year-over-year despite $12 million in solar asset impairments, while adjusted EBITDA climbed 72% to $15.9 million.
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In short: NACCO scheduled its 2026 third-quarter earnings release for November 4 and its conference call for November 5.
Gross profit rose 123% year-over-year despite $12 million in solar asset impairments, while adjusted EBITDA climbed 72% to $15.9 million.
Revenue declined 4% but net income doubled to $8.8 million due to cost efficiencies and new contract mining projects in Florida and Arizona.
Adjusted EBITDA rises 59%. Strong segment performance offsets pension charges. Expansion into infrastructure projects drives future strategy.
Q4 operating profit rose 95% to $7.6 million despite a net loss due to pension charges, while full-year net income fell to $17.6 million.
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(1) Operating expenses consist of Selling, general and administrative expenses, Amortization of intangible assets and (Gain) loss on sale of assets. (2) Segment Adjusted EBITDA...
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