Manitowoc Company Inc. reported third-quarter 2025 net income of $5.0 million, up $12.0 million year-over-year. Net sales reached $553.4 million, an increase of 5.4% compared to the same period last year. Orders totaled $491.4 million, up 15.7% year-over-year, resulting in a backlog of $666.5 million. Non-new machine sales were $177.4 million, a 4.9% increase from the previous year. Adjusted EBITDA was $34.1 million, up 30.2% year-over-year. The company noted continued growth in its MGX distribution business and non-new machine sales, as well as ongoing investment in new product development and aftermarket offerings.
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