Terex raises 2026 outlook; Q2 sales up 50.5% but diluted EPS falls to $0.96
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 12:59 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 July 30, 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.