Company: ASTE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000792987-25-000064
Chunk: 26

Company: ASTEC INDUSTRIES INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 Ended September 30, 2025Three Months Ended September 30, 2024(in millions)Infrastructure SolutionsMaterials SolutionsTotalInfrastructure SolutionsMaterials SolutionsTotalReportable segment revenues:Revenues from external customers$193.2 $156.9 $350.1 $165.0 $126.4 $291.4 Intersegment revenues7.2 1.5 8.7 25.7 1.4 27.1 Total revenues - reportable segments$200.4 $158.4 $358.8 $190.7 $127.8 $318.5 Significant reportable segment expenses:Manufacturing operation costs:Equipment$86.4 $63.4 $149.8 $80.2 $67.3 $147.5 Parts26.0 29.7 55.7 24.2 21.1 45.3 Other26.0 19.1 45.1 36.9 8.5 45.4 General and administrative12.8 13.1 25.9 12.4 4.8 17.2 Sales and marketing10.2 10.1 20.3 9.8 6.6 16.4 Quality costs (1)5.4 2.9 8.3 4.2 2.9 7.1 Research and development4.0 2.3 6.3 3.6 2.0 5.6 Inventory period costs (2)6.0 2.4 8.4 3.8 0.5 4.3 Other segment items (3)(0.3)— (0.3)— (0.4)(0.4)Reportable Segment Operating Adjusted EBITDA$23.9 $15.4 $39.3 $15.6 $14.5 $30.1 Reportable segment capital expenditures$2.7 $1.5 $4.2 $2.0 $0.6 $2.6 (1) Quality costs related to repair or other remediation expenses incurred for corrective action on product failures covered by warranties or voluntarily for certain warranty-type expenses occurring after the normal warranty period expires to help protect the reputation of the Company