REVG
REV Group, Inc.60.03
+0.83+1.4%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.93BP/E (TTM)
31.76Basic EPS (TTM)
1.89Dividend Yield
0%Recent Filings
10-K
8-K
8-K
REV-Terex merger announced
REV Group agreed to merge with Terex on October 29, 2025, in a stock-and-cash deal where REV shareholders get 0.9809 Terex shares and $8.71 cash per share, totaling $425 million cash. The merger forms a diversified specialty equipment leader in resilient markets like emergency vehicles and waste recycling, targeting $75 million run-rate synergies by 2028 with half in year one. Terex plans to exit its cyclical Aerials segment post-close. Deal eyes H1 2026 completion, pending approvals; integration risks loom large.
8-K
REV boosts Q3 sales, guidance
REV Group reported third-quarter fiscal 2025 net sales of $644.9 million, up from $579.4 million last year, with net income rising to $29.1 million from $18.0 million. Excluding divested bus operations, sales climbed 20.5% and Adjusted EBITDA surged 66.1%, fueled by strong Specialty Vehicles demand for fire apparatus and ambulances. The company raised full-year guidance to $2.4-$2.45 billion in sales and $220-$230 million in Adjusted EBITDA. Momentum builds, yet tariffs pinch RV margins.
10-Q
Q3 FY2025 results
REV Group posted solid Q3 FY2025 results, with net sales climbing 11.3% y/y to $644.9M on stronger shipments and pricing in fire apparatus and ambulances, while gross profit surged 29.9% to $101.7M and margins expanded to 15.8% from 13.5%. Operating income jumped to $57.0M from $28.6M, driving diluted EPS to $0.59, up from $0.35, with the EPS figure reconciling to 49.2M diluted shares. Specialty Vehicles led the charge, up 11.8% in sales to $483.3M, but Recreational Vehicles grew modestly 9.7% to $161.7M amid tariff pressures. Cash swelled to $36.0M, bolstered by $164.2M in operating cash flow, while long-term debt held at $90.0M under the $450.0M ABL facility with $247.2M availability; the June 2025 sale of Lance and Avery incurred a $39.6M YTD loss. Competition in specialty vehicle markets remains a key watch point.
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