VALMONT INDUSTRIES INC Earnings Summary — Q1 FY2026

• Net sales increased 6.2% year-over-year to $1.03 billion, supported by broad growth in both product and service categories.
• Operating income saw a significant jump of 21.3%, reaching $155.6 million as margins expanded behind pricing discipline and operational excellence.
• Diluted EPS grew to $5.51, benefiting from higher net earnings and the Company's aggressive share repurchase program executed during the quarter.
• The Infrastructure segment continues to be a primary driver, with product sales reaching $921.7 million during the period.
• Cash flow from operating activities improved substantially to $103.5 million compared to $65.1 million in the prior-year period.
• Management executed $57.6 million in common stock repurchases, signaling high confidence in the current valuation and future growth prospects.

Management indicated a continued focus on their operational excellence program to drive margin resilience. The company maintains its strategic pivot toward 'Smart Infrastructure' and 'Precision Irrigation' to mitigate agricultural cyclicality.

Improving

Quarterly results show a meaningful acceleration in both revenue and profitability compared to the same period in 2025, with strong operating leverage.

The outlook remains constructive as the company leverages digital grid modernization and expanded global presence in technology-enabled agricultural solutions.