Hyster-Yale Reports Q3 2025 Earnings Amid Challenges

Hyster-Yale Materials Handling ( (HY) ) has released its Q3 earnings. Here is a breakdown of the information Hyster-Yale Materials Handling presented to its investors.

Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a global leader in the design, engineering, manufacturing, and servicing of lift trucks and solutions, operating primarily in the materials handling industry. The company is known for its comprehensive product line marketed under the Hyster, Yale, Maximal, and Nuvera brand names.

In its third-quarter 2025 earnings report, Hyster-Yale reported consolidated revenues of $979 million, reflecting a 2% sequential growth but a 4% decline year-over-year. The company faced challenges such as higher tariffs and lower truck volumes, resulting in a significant decrease in operating profit and net income compared to the previous year.

Key financial highlights include a 93% year-over-year decline in operating profit to $2.3 million and a net loss of $2.3 million. The Lift Truck segment saw a 4% revenue decline year-over-year, with notable challenges in the Americas due to economic uncertainty. However, the company improved its operating cash flow to $37 million, driven by better inventory efficiency.

Looking ahead, Hyster-Yale’s management remains focused on mitigating the impact of tariffs and economic uncertainties through strategic initiatives such as pricing adjustments, cost reductions, and supply chain enhancements. The company aims to navigate the current market challenges while positioning itself for long-term growth and profitability.

Overall, Hyster-Yale is committed to maintaining financial discipline and operational efficiency to support its strategic goals and deliver value to shareholders, despite the ongoing market headwinds.