NACCO Industries Announces Third Quarter 2026 Financial Results

NACCO Industries reported third-quarter 2026 gross profit of $11.8 million, up 18% year over year, and operating profit of $9.3 million, up 37% despite $3.4 million in solar curtailment costs. Adjusted EBITDA increased 63% to $20.4 million. Net income fell to $10.9 million from $13.3 million, primarily due to higher income tax expenses.