Terex Q1 sales rise 41% to $1.7 billion; 2026 outlook reaffirmed
Terex reported first-quarter 2026 sales of $1.7 billion, up 41% on a reported basis and 10.8% on a proforma basis, with EPS of $0.98, up 18% year over year. The company reaffirmed its full-year 2026 outlook and said it is continuing a strategic review of its Aerials business with multiple interested parties, without giving details.
Key points
- Q1 sales of $1.7 billion, up $505 million or 41% reported; proforma growth of 10.8%
- Q1 EPS of $0.98 included approximately $0.10 of one-time tax benefit; Q1 EBITDA margin was 9.9%, down 50 basis points
- Backlog reached $7.1 billion; 2026 outlook reaffirmed with sales of $7.5 billion to $8.1 billion and EPS of $4.50 to $5.00
- Strategic review of the Aerials business is ongoing; no specific details were disclosed
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 04, 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.