Terex Q1 loss of $93 million on 41% sales rise; 2026 outlook reaffirmed
Terex reported first-quarter 2026 sales of $1.7 billion, up 41% on a reported basis and 11% on a pro forma basis, after adding REV Group, now its Specialty Vehicles segment. The company posted a loss from continuing operations of $93 million, or $0.97 per share, which it attributed to merger-related and non-cash charges, while adjusted EPS was $0.98. Terex reaffirmed its full-year 2026 outlook of $7.5 billion to $8.1 billion in sales and $930 million to $1 billion in EBITDA.
Key points
- First-quarter sales of $1.7 billion, up 41.1% from $1.2 billion a year earlier; pro forma sales up 11%.
- Loss from continuing operations of $93 million, or $0.97 per share, versus income of $21 million, or $0.31 per share, in Q1 2025.
- Adjusted EPS of $0.98 versus $0.83 a year earlier; backlog of $7.1 billion.
- 2026 EPS outlook of $4.50 to $5.00 reaffirmed; conference call held May 1, 2026 at 8:30 a.m. ET.
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.