JBT Marel 3Q 2026: Revenue $994M, EPS $1.34— 10-Q Summary

JBT Marel (JBTM) reported Q3 adjusted EBITDA of $179M, up 5% YoY, with improved margins in both business segments. EPS rose 13% due to margin improvements and lower interest expense. The company generated $73M in free cash flow, repurchased 800,000 shares, and increased its repurchase authorization to $700M. JBTM revised its full-year revenue outlook down to $3.95B-$4B but raised adjusted EBITDA margin and EPS guidance.

JBT Marel Corp (JBTM) reported Q3 2026 earnings, highlighting record margins offset by consumer packaged goods (CPG) softness. CEO Brian Deck mentioned opportunities from USDA line-speed rulings and targeted mid-teen margins for meat and fish businesses. CFO Matt Meister discussed buyback plans, maintaining leverage targets, and Q4 revenue growth expectations. The company also addressed supply chain challenges and M&A strategies.

JBT Marel Corporation reported Q3 2026 earnings with an 18% adjusted EBITDA margin, driven by cost improvements and automation demand in the Protein Solutions segment. Revenue in Prepared Food and Beverage declined due to lower volume. Management expects a 20% EBITDA margin by 2028 and revised full-year revenue guidance downward. The Board authorized a $700 million share repurchase program. Potential USDA poultry ruling could boost automation investments.

JBT Marel reported Q3 2026 revenue of $994M, down 1% YoY. Protein Solutions grew 6%, while Prepared Food and Beverage declined 6%. Adjusted EBITDA rose 5% to $179M. Full-year revenue guidance lowered to $3.95B-$4B, but EBITDA margin guidance increased to 17.25%-17.5%. The company repurchased $94M in shares and increased its buyback program to $700M. Management remains optimistic about demand, particularly in poultry, and expects USDA rulings to boost U.S. investments.

JBT Marel reported Q3 2026 revenue of $994M, missing expectations by $36M, but achieved record adjusted EBITDA of $179M with an 18% margin. Shares rose 2.76% to $117.95. The company raised full-year EBITDA margin and EPS guidance, citing cost synergies and share buybacks. Protein Solutions grew 6%, while Prepared Food and Beverage Solutions declined 6%.

JBT MAREL Corp (JBTM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 News Release JBT Marel Corporation 333 West Wacker Drive Suite 3400 Chicago, IL 60606 JBT Marel Corporation Reports Third Quarter 2026 Results and Announces Increased Share Repurchase Authorization Third Quarter 2026 Highlights: ◦ Achieved net income margin of 7.0 pe