Aebi Schmidt Holding AG AEBI
Aebi Schmidt Holdings AG is a leading global manufacturer of specialty vehicles. We are headquartered in Switzerland and employ around 5,700 people. We operate in 17 countries through our own sales and service organizations, with more than 70 locations worldwide, including over a dozen production facilities and a dense network of upfitting and service centers. Through established partnerships with dealers, we are represented in more than 90 additional countries globally. Our core offerings include solutions and equipment for snow removal and de-icing, street and runway sweepers, truck and recreational vehicle ("RV") chassis, as well as truck bodies and vehicle upfitting for a wide range of commercial fleets and vocations. Furthermore, we produce specialty vehicles and equipment for municipal and airport maintenance services as well as for the cultivation of steep and challenging terrain.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- U.S.
- Other
- Switzerland
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| U.S. | $934.1M | $549.5M | $500.5M |
| Other | $538.2M | $477.0M | $451.2M |
| Switzerland | $54.3M | $59.5M | $63.8M |
As the company reported it, from the “SEGMENTS - Sales Disaggregated by Geography Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $1.53B | $1.09B | $1.02B | — |
| Cost of revenue | $1.22B | $857.7M | $808.9M | — |
| Gross profit | $304.1M | $228.2M | $206.7M | — |
| R&D | $26.5M | $19.6M | $17.1M | — |
| SG&A | $180.6M | $124.7M | $117.1M | — |
| Total operating expenses | $231.0M | $159.7M | $147.6M | — |
| Operating income | $73.1M | $68.5M | $59.0M | — |
| Interest expense | $41.8M | $34.1M | $38.0M | — |
| Pre-tax income | $11.2M | $41.7M | $17.3M | — |
| Income tax | $1.5M | $10.9M | $6.1M | — |
| Net income | $9.7M | $30.7M | $11.2M | — |
| EPS, basic | 0.17 | 0.76 | 0.28 | — |
| EPS, diluted | 0.17 | 0.76 | 0.28 | — |
| Shares, diluted (wtd. avg.) | 58.8M | 40.4M | 40.3M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $98.5M | $65.2M | $42.7M | $56.5M |
| Receivables | $310.8M | $174.0M | — | — |
| Inventory | $346.4M | $231.4M | — | — |
| Total current assets | $877.7M | $518.2M | — | — |
| Property, plant and equipment | $167.9M | $68.6M | — | — |
| Goodwill | $403.1M | $221.2M | $221.2M | — |
| Other intangibles | $334.7M | $175.3M | — | — |
| Total assets | $2.01B | $1.09B | — | — |
| Accounts payable | $234.6M | $93.6M | — | — |
| Short-term debt | $46.9M | $23.3M | — | — |
| Total current liabilities | $461.3M | $267.2M | — | — |
| Long-term debt | $548.0M | $376.6M | — | — |
| Total liabilities | $1.19B | $722.9M | — | — |
| Retained earnings | $57.6M | $61.2M | — | — |
| Total equity | $814.9M | $365.1M | $338.0M | $329.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $9.0M | $68.8M | $30.1M | — |
| Depreciation and amortisation | $44.2M | $26.4M | $27.2M | — |
| Stock-based compensation | $7.2M | $0 | $0 | — |
| Capital expenditure | $14.2M | $13.6M | $11.7M | — |
| Investing cash flow | $5.8M | -$9.1M | -$21.6M | — |
| Financing cash flow | $16.3M | -$35.4M | -$22.4M | — |
| Dividends paid | $13.4M | $3.2M | $2.1M | — |
| Buybacks | — | $257.0K | $1.1M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-014249.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $1.02B | $1.09B | $1.53B |
| Gross profit | — | $206.7M | $228.2M | $304.1M |
| Net income | — | $11.2M | $30.7M | $9.7M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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