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STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\nFORM 10-Q\n\n(Mark One)\n\n☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\nor\n\n☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from             to             .\n\nCommission File Number: 001-42663\n\nAebi Schmidt Holding AG\n\n(Exact name of registrant as specified in its charter)\n\nSwitzerlandNot Applicable\n\n(State or other jurisdiction of\nincorporation or organization)(I.R.S. Employer\nIdentification Number)\n\nSchulstrasse 4\n\nCH-8500 Frauenfeld, Switzerland (Address of Principal Executive Offices)\n\n8500 (Zip Code)\n\n+41 44-308-5800\n\n(Registrant's telephone number, including\n\narea code)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading Symbol(s):Name of each exchange on which registered\n\nCommon StockAEBI\nThe NASDAQ Stock Market LLC\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    ☒ Yes    ☐ No\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    ☒ Yes    ☐ No\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer ☐Accelerated filer☐\n\nNon-accelerated filer ☒Smaller reporting company☐\n\nEmerging growth company☐\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the\n\nExchange Act).   ☐ Yes ☒ No\n\nIndicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.\n\nClass\nOutstanding as of May 8, 2026\n\nCommon Stock\n77,506,125 shares\n\n[Index](#i97252dd9126049278d8da9d2f8bc1fe5_13)\n\nFORWARD-LOOKING STATEMENTS\n\nThis Quarterly Report on Form 10-Q (this \"Quarterly Report\") contains some statements that are not historical facts. These statements are called “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve important known and unknown risks, uncertainties and other factors and generally can be identified by phrases using “estimate,” “anticipate,” “believe,” “project,” “expect,” “intend,” “predict,” “potential,” “future,” “may,” “will,” “should” or similar expressions or words. Aebi Schmidt Holding AG’s (“Aebi Schmidt,” the “Company,” “we,” “us” or “our”) future results, performance or achievements may differ materially from the results, performance or achievements discussed in the forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what may be expressed or forecasted in such forward-looking statements.\n\nFactors that might cause future results to differ materially from those projected in the forward-looking statements include, but are not limited to, those described in the section titled “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, as well as risk factors that we have discussed in previous public reports and other documents filed with the Securities and Exchange Commission (the “SEC”). Such risk factors include the primary risks our management believes could materially affect the potential results described by forward-looking statements contained in this Quarterly Report. However, these risks may not be the only risks we face. Our business, operations and financial performance could also be affected by additional factors that are not presently known to us or that we currently consider to be immaterial to our operations. In addition, new risk factors may emerge from time to time that may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, although we believe that the forward-looking statements contained in this Quarterly Report are reasonable, we cannot provide you with any guarantee that the results described in those forward-looking statements will be achieved. All forward-looking statements in this Quarterly Report are expressly qualified in their entirety by the cautionary statements contained in this section, and investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update or revise any forward-looking statements to reflect developments or information obtained after the date this Quarterly Report is filed with the SEC, except as required by applicable law.\n\n[Index](#i97252dd9126049278d8da9d2f8bc1fe5_13)\n\nINDEX\n\nPART I—FINANCIAL INFORMATION\n\n[Item 1.](#i97252dd9126049278d8da9d2f8bc1fe5_19)\n\n[Financial Statements.](#i97252dd9126049278d8da9d2f8bc1fe5_19)\n\n[3](#i97252dd9126049278d8da9d2f8bc1fe5_19)\n\n[CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)](#i97252dd9126049278d8da9d2f8bc1fe5_22)\n\n[3](#i97252dd9126049278d8da9d2f8bc1fe5_22)\n\n[CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)](#i97252dd9126049278d8da9d2f8bc1fe5_25)\n\n[4](#i97252dd9126049278d8da9d2f8bc1fe5_25)\n\n[CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)](#i97252dd9126049278d8da9d2f8bc1fe5_28)\n\n[5](#i97252dd9126049278d8da9d2f8bc1fe5_28)\n\n[CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited)](#i97252dd9126049278d8da9d2f8bc1fe5_31)\n\n[6](#i97252dd9126049278d8da9d2f8bc1fe5_31)\n\n[CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)](#i97252dd9126049278d8da9d2f8bc1fe5_34)\n\n[7](#i97252dd9126049278d8da9d2f8bc1fe5_34)\n\n[NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS](#i97252dd9126049278d8da9d2f8bc1fe5_37)\n\n[8](#i97252dd9126049278d8da9d2f8bc1fe5_37)\n\n[NOTE 1 – NATURE OF OPERATIONS AND BASIS OF PRESENTATION](#i97252dd9126049278d8da9d2f8bc1fe5_40)\n\n[8](#i97252dd9126049278d8da9d2f8bc1fe5_40)\n\n[NOTE 2 – REVENUE](#i97252dd9126049278d8da9d2f8bc1fe5_43)\n\n[10](#i97252dd9126049278d8da9d2f8bc1fe5_43)\n\n[NOTE 3 – INVENTORIES](#i97252dd9126049278d8da9d2f8bc1fe5_46)\n\n[11](#i97252dd9126049278d8da9d2f8bc1fe5_46)\n\n[NOTE 4 – PROPERTY, PLANT AND EQUIPMENT](#i97252dd9126049278d8da9d2f8bc1fe5_52)\n\n[12](#i97252dd9126049278d8da9d2f8bc1fe5_52)\n\n[NOTE 5 – LEASES](#i97252dd9126049278d8da9d2f8bc1fe5_55)\n\n[12](#i97252dd9126049278d8da9d2f8bc1fe5_55)\n\n[NOTE 6 – INCOME TAXES](#i97252dd9126049278d8da9d2f8bc1fe5_58)\n\n[13](#i97252dd9126049278d8da9d2f8bc1fe5_58)\n\n[NOTE 7 – COMMITMENTS AND CONTINGENT LIABILITIES](#i97252dd9126049278d8da9d2f8bc1fe5_61)\n\n[14](#i97252dd9126049278d8da9d2f8bc1fe5_61)\n\n[NOTE 8 – DEFINED BENEFIT PENSION PLANS](#i97252dd9126049278d8da9d2f8bc1fe5_64)\n\n[14](#i97252dd9126049278d8da9d2f8bc1fe5_64)\n\n[NOTE 9 – DEBT](#i97252dd9126049278d8da9d2f8bc1fe5_67)\n\n[15](#i97252dd9126049278d8da9d2f8bc1fe5_67)\n\n[NOTE 10 – ACCUMULATED OTHER COMPREHENSIVE INCOME](#i97252dd9126049278d8da9d2f8bc1fe5_70)\n\n[16](#i97252dd9126049278d8da9d2f8bc1fe5_70)\n\n    [NOTE 11 – EARNINGS PER SHARE](#i97252dd9126049278d8da9d2f8bc1fe5_76)\n\n[16](#i97252dd9126049278d8da9d2f8bc1fe5_76)\n\n[NOTE 12 – BUSINESS COMBINATION](#i97252dd9126049278d8da9d2f8bc1fe5_79)\n\n[17](#i97252dd9126049278d8da9d2f8bc1fe5_79)\n\n[NOTE 13 – SEGMENTS](#i97252dd9126049278d8da9d2f8bc1fe5_82)\n\n[20](#i97252dd9126049278d8da9d2f8bc1fe5_82)\n\n[Item 2.](#i97252dd9126049278d8da9d2f8bc1fe5_88)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i97252dd9126049278d8da9d2f8bc1fe5_88)\n\n[24](#i97252dd9126049278d8da9d2f8bc1fe5_88)\n\n[Item 3.](#i97252dd9126049278d8da9d2f8bc1fe5_124)\n\n[Quantitative and Qualitative Disclosure About Market Risk](#i97252dd9126049278d8da9d2f8bc1fe5_124)\n\n[33](#i97252dd9126049278d8da9d2f8bc1fe5_124)\n\n[Item 4.](#i97252dd9126049278d8da9d2f8bc1fe5_127)\n\n[Controls and Procedures](#i97252dd9126049278d8da9d2f8bc1fe5_127)\n\n[33](#i97252dd9126049278d8da9d2f8bc1fe5_127)\n\nPART II—OTHER INFORMATION\n\n[Item 1.](#i97252dd9126049278d8da9d2f8bc1fe5_133)\n\n[Legal Proceedings](#i97252dd9126049278d8da9d2f8bc1fe5_133)\n\n[35](#i97252dd9126049278d8da9d2f8bc1fe5_133)\n\n[Item 1A.](#i97252dd9126049278d8da9d2f8bc1fe5_136)\n\n[Risk Factors](#i97252dd9126049278d8da9d2f8bc1fe5_136)\n\n[35](#i97252dd9126049278d8da9d2f8bc1fe5_136)\n\n[Item 2.](#i97252dd9126049278d8da9d2f8bc1fe5_139)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#i97252dd9126049278d8da9d2f8bc1fe5_139)\n\n[35](#i97252dd9126049278d8da9d2f8bc1fe5_139)\n\n[Item 5.](#i97252dd9126049278d8da9d2f8bc1fe5_142)\n\n[Other Information](#i97252dd9126049278d8da9d2f8bc1fe5_142)\n\n[35](#i97252dd9126049278d8da9d2f8bc1fe5_142)\n\n[Item 6.](#i97252dd9126049278d8da9d2f8bc1fe5_145)\n\n[Exhibits](#i97252dd9126049278d8da9d2f8bc1fe5_145)\n\n[36](#i97252dd9126049278d8da9d2f8bc1fe5_145)\n\n[Signatures](#i97252dd9126049278d8da9d2f8bc1fe5_148)\n\n[37](#i97252dd9126049278d8da9d2f8bc1fe5_148)\n\n[Index](#i97252dd9126049278d8da9d2f8bc1fe5_13)\n\nPART I – FINANCIAL INFORMATION"}