Hyster-Yale Reports Third Quarter 2026 Financial Results

Hyster-Yale reported third-quarter 2026 revenue of $827.4 million, down 15% year over year, and a net loss of $14.9 million, or $13.8 million on an adjusted basis. Bookings increased 45% year over year for a fourth consecutive quarter of elevated demand, while the operating loss narrowed sequentially and Adjusted EBITDA returned to positive territory. The company expects net income to improve sequentially in Q4 2026 and has introduced operational and cost-reduction programs targeting at least $100 million in savings at maturity.