Miller Industries posts Q3 2026 results with 18.8% revenue growth and raises dividend
Miller Industries reported third‑quarter 2026 revenue of $212.2 million, an 18.8% increase year‑over‑year, and net income of $6.1 million, yielding diluted EPS of $0.53. The board approved a quarterly cash dividend of $0.21 per share and the company reaffirmed its full‑year 2026 revenue guidance of $850 million‑$900 million. Management highlighted a $60.4 million cash balance, a $30 million reduction in total debt, and a $5.1 million return of capital to shareholders through dividends and share repurchases.
Why it matters
The higher‑than‑expected revenue and profit reinforce the company’s growth trajectory, while the dividend increase and strong balance‑sheet metrics provide additional upside for income‑focused investors (the company announced the dividend in its press release). The reaffirmed full‑year revenue guidance sets expectations for continued top‑line expansion through the remainder of 2026.
Key facts
- 1Q3 2026 revenue was $212.2 million, up 18.8% from $178.7 million in Q3 2025. prnewswire.com
- 2Net income for the quarter was $6.1 million, a 97.2% increase from $3.1 million a year earlier. prnewswire.com
- 3Diluted earnings per share were $0.53, up 96.3% from $0.27 per share in Q3 2025. prnewswire.com
- 4The board approved a cash dividend of $0.21 per share, payable December 14, 2026. prnewswire.com
- 5Full‑year 2026 revenue guidance was reaffirmed at $850 million‑$900 million. prnewswire.com
- 6Cash balance at quarter end was $60.4 million, up from $44.7 million at the end of 2025. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.