Oct 30, 1:27 PM ET
Terex reported third-quarter sales of $2.2 billion and adjusted EBITDA of $286 million, representing year-over-year growth across consolidated metrics. The company refined its full-year 2026 outlook to sales of $8 billion to $8.2 billion and adjusted proforma EBITDA of $930 million to $960 million, while also approving a new $500 million share repurchase authorization. Shareholders benefit from strong order activity, rising backlogs reaching $7 billion, and ongoing active engagement regarding the potential separation of the Aerials segment.
- Third-quarter net sales reached $2.2 billion, up approximately 12% year over year.
- Adjusted diluted EPS for the quarter was $1.50, supported by operational execution and realized synergies.
- Full-year 2026 sales outlook was refined to a range of $8 billion to $8.2 billion.
- The Board approved a new $500 million share repurchase authorization during the quarter.
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Oct 28, 7:04 AM ET
Terex reported third quarter 2026 sales of $2.2 billion, up 58.4% on a reported basis and 11.6% on a pro forma basis, with net income of $114 million versus $65 million a year earlier. The company refined its full-year 2026 outlook and said it is actively engaging with multiple strategic counterparties on a possible separation of its Aerials segment, and its board approved a new $500 million share repurchase authorization.
- Q3 diluted EPS was $1.00 versus $0.98 a year earlier; adjusted diluted EPS was $1.50 in both periods
- Adjusted EBITDA was $286 million, a 13.0% margin, up $35 million or 13.9% on a pro forma basis
- 2026 outlook: sales of $8.0 to $8.2 billion, adjusted EBITDA of $930 million to $960 million, adjusted diluted EPS of $4.80 to $5.00
- Board approved a new $500 million share repurchase program, bringing total available repurchase authority to $611 million
Read the filing on SEC.gov ↗
Aug 3, 4:38 PM ET
Terex reported second-quarter 2026 results on July 30, 2026, with pro-forma sales up 8.5% to $2.2 billion and adjusted EBITDA up $26 million to $269 million. The company raised its full-year 2026 outlook to sales of $7.9 billion to $8.2 billion, adjusted EBITDA of $960 million to $1.0 billion, and adjusted EPS of $4.70 to $5.10, and said it is working through a strategic review of the Aerials segment with interest from multiple parties.
- Q2 pro-forma sales rose 8.5% to $2.2 billion; adjusted EBITDA rose $26 million, or 10.7%, to $269 million, with adjusted EBITDA margin of 12.0%
- Q2 adjusted EPS was $1.37, including a net benefit of $8 million from IEEPA tariff refunds offset by a one-time unfavorable customs-related accrual
- Full-year 2026 guidance: sales $7.9 billion to $8.2 billion, adjusted EBITDA $960 million to $1.0 billion, adjusted EPS $4.70 to $5.10, free cash flow $300 million to $350 million
- Company says it has interest from multiple parties in the Aerials strategic review and will provide no specific details until the process unfolds
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Jul 30, 7:04 AM ET
Terex reported second quarter 2026 sales of $2.2 billion, up 50.5% on a reported basis and 8.5% on a pro forma basis, and raised its full-year 2026 outlook. Net income rose to $110 million, but diluted EPS of $0.96 was below $1.09 a year earlier, and adjusted EPS of $1.37 was below $1.49. Shareholders get a higher sales and EBITDA forecast, while per-share profit fell in the quarter.
- Q2 2026 net sales of $2.2 billion, up 50.5% reported and 8.5% pro forma; diluted EPS $0.96 versus $1.09 in Q2 2025
- Adjusted EPS of $1.37 versus $1.49 a year earlier; the company says it included about $8 million of IEEPA tariff refunds, net of a one-time customs accrual
- 2026 outlook raised: sales of $7.9 billion to $8.2 billion, adjusted EBITDA of $960 million to $1 billion, adjusted EPS of $4.70 to $5.10
- Conference call scheduled for Thursday, July 30, 2026, at 8:30 a.m. Eastern Time
Read the filing on SEC.gov ↗
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