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AI brief of an SEC Form 8-K · Terex (TEX)

Terex Reports Third Quarter 2026 Results and Refines Full-Year Outlook

Positive Impact 3 of 5 earnings

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.

Key points

  • 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.

The filing

CompanyTerex (TEX)
Form8-K, current report
Filed with the SECOct 30, 2026, 1:27 PM ET
Accession number0000097216-26-000144

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 2, 2026, 8:16 AM ET, from this filing only.

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.