The Manitowoc Company, Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the fiscal quarter ended September 30, 2026, disclosing higher net sales and net income compared with the same period a year earlier.

Key Highlights

  • Net sales of $613.8 million for Q3 2026, up from $553.4 million in Q3 2025, according to the filing.
  • Net income of $11.0 million for the three months ended September 30, 2026, compared with $5.0 million in the prior-year quarter.
  • Diluted net income per share of $0.30 for Q3 2026, versus $0.14 in Q3 2025.
  • Nine-month net sales of $1,703.3 million for the period ended September 30, 2026, up from $1,563.8 million in the same period of 2025.
  • Total assets of $1,938.5 million as of September 30, 2026, compared with $1,818.2 million at December 31, 2025.
  • 36,106,976 shares of common stock outstanding as of September 30, 2026.
  • Net cash provided by operating activities of $2.2 million for the nine months ended September 30, 2026, compared with net cash used of $68.9 million in the same prior-year period.

Manitowoc Reports Q3 2026 Financial Results on NYSE:MTW

The Manitowoc Company, Inc. (NYSE:MTW), a Wisconsin-based manufacturer, reported net sales of $613.8 million for the three months ended September 30, 2026, a rise from $553.4 million in the year-ago quarter, according to the filing. Gross profit for the quarter was $121.8 million, up from $102.6 million in Q3 2025. Operating income reached $31.8 million, compared with $18.5 million in the prior-year period. Total operating costs and expenses were $90.0 million for Q3 2026 versus $84.1 million in Q3 2025.

For the nine months ended September 30, 2026, the company reported net sales of $1,703.3 million and net income of $19.2 million, the filing disclosed. This compares with nine-month net sales of $1,563.8 million and net income of $0.2 million for the same period in 2025. Income before income taxes for the nine-month period was $30.9 million, versus $0.0 million in the prior-year comparable period. Interest expense for the nine months was $27.3 million, compared with $27.7 million a year earlier.

On the balance sheet, the company reported total assets of $1,938.5 million as of September 30, 2026, up from $1,818.2 million at December 31, 2025. Inventories increased to $813.4 million from $683.9 million over the same period. Long-term debt stood at $461.1 million, compared with $447.1 million at year-end 2025. Cash and cash equivalents were $64.7 million at September 30, 2026, down from $77.3 million at December 31, 2025. For the nine months ended September 30, 2026, capital expenditures totaled $31.2 million, the filing stated.

What Was Disclosed

The Manitowoc Company filed a 10-Q for the quarter ended September 30, 2026, reporting higher net sales, operating income, and net income compared with the same periods in 2025, alongside balance sheet changes including increased inventories and long-term debt.