Topic 606 was Alta Equipment’s largest revenue line in fiscal 2025, bringing in $3.87B of $4.41B (88%).
| Accounting Standards Update | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Topic 606 | $3.16B | $3.08B | $2.96B | $3.87B | |||
| Asc 842 | $540.30M | $607.20M | $610.20M | $539.40M | |||
| Accounting Standards Update Topic 840 | — | — | — | — | |||
| Total | $3.70B | $3.68B | $3.57B | $4.41B |
Alta Equipment brought in $4.41B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 23.5% from $3.57B in fiscal 2024. Topic 606 was the largest at $3.87B (87.8%), ahead of Asc 842 at $539.40M (12.2%).
Compared with fiscal 2024, Topic 606 grew 30.7% to $3.87B, while Asc 842 fell 11.6% to $539.40M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $3.70B to $4.41B, a compound annual growth rate of 6.1%. Topic 606's share of the total rose from 85.4% to 87.8%.
Construction Equipment was Alta Equipment’s largest product and service line in fiscal 2021, bringing in $1.36B of $2.33B (58%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|
| Construction Equipment | $280.50M | $1.01B | $1.36B |
| Material Handling | $453.30M | $607.80M | $971.10M |
| Total | $733.80M | $1.62B | $2.33B |
Alta Equipment brought in $2.33B from its two product and service lines in fiscal 2021, the year ended December 31, 2021. That was up 43.9% from $1.62B in fiscal 2020. Construction Equipment was the largest at $1.36B (58.4%), ahead of Material Handling at $971.10M (41.6%).
Compared with fiscal 2020, Material Handling grew 59.8% to $971.10M and Construction Equipment grew 34.5% to $1.36B. From fiscal 2019 to 2021, combined revenue from these lines grew from $733.80M to $2.33B, a compound annual growth rate of 78.3%. Construction Equipment's share of the total rose from 38.2% to 58.4%.
Alta Equipment (ALTG) reports its revenue by accounting standards update and by product and service. In fiscal 2025, Topic 606 was its largest revenue line, bringing in $3.87B (87.8% of the total), followed by Asc 842 at $539.40M (12.2%).
Topic 606 was Alta Equipment's largest revenue line in fiscal 2025, bringing in $3.87B, or 87.8% of the $4.41B total across its two revenue lines.
Construction Equipment was Alta Equipment's largest product and service line in fiscal 2021, bringing in $1.36B, or 58.4% of the $2.33B total across its two product and service lines.
Topic 606 grew faster than Asc 842 in fiscal 2025, up 30.7% from $2.96B to $3.87B. Asc 842 fell 11.6% to $539.40M.
Every figure comes from Alta Equipment's annual financial filings, as reported. Each line keeps the name Alta Equipment gives it, and years follow its fiscal calendar.
Alta Equipment's revenue by accounting standards update goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.