NACCO Q1 FY26 net income rises 80% to $8.84 million; revenue falls 4% to $62.78 million

NACCO Industries, Inc. Class A

NACCO Industries, Inc. Class A

NC

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  • NACCO Industries posted Q1 net income of USD 8.84 million, up 80%, with diluted EPS rising to USD 1.17 from a year earlier.
  • Operating profit climbed 43% to USD 11.02 million, while revenue fell 4% to USD 62.78 million.
  • Contract Mining operating profit more than doubled to USD 3.99 million on a 32% rise in revenue excluding reimbursable costs to USD 15.77 million, helped by the start of a multi-year dragline services contract tied to a U.S. Army Corps of Engineers project in Florida.
  • Utility Coal Mining operating profit increased 96% to USD 7.42 million despite a 13% drop in segment revenue to USD 16.69 million, reflecting improved performance at Mississippi Lignite Mining Company.
  • Management said it expects momentum from late 2025 and early 2026 to continue through 2026, driving meaningful year-over-year gains in operating profit, net income, and Adjusted EBITDA.


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