NYSEIndustrialsConstruction Machinery & Heavy Transportation EquipmentS&P MidCap 400
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Close of Nov 06, 2026 · end-of-day data
TEX 8-K filings in 2025
Every material Form 8-K Terex filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Terex reported third-quarter 2025 net sales of $1.4 billion, up 14.4% from a year earlier, driven by the addition of the ESG business, while legacy revenue fell 8.2%. GAAP diluted EPS fell to $0.98 from $1.31, though adjusted EPS rose to $1.50 from $1.46, and the company kept its full-year adjusted EPS outlook of $4.70 to $5.10 despite higher tariff costs.
Net sales of $1,387 million, up 14.4% year over year; legacy revenue declined 8.2%
Net income of $65 million, or $0.98 per diluted share, versus $88 million, or $1.31, in Q3 2024; the quarter included a discrete Aerials benefit of about $18 million, or $0.21 per share
Adjusted EPS of $1.50 versus $1.46 a year earlier; full-year adjusted EPS outlook maintained at $4.70 to $5.10
Free cash flow of $130 million versus $88 million; the company now expects a net unfavorable full-year tariff impact on EPS of about $0.70
Terex and REV Group entered into a merger agreement on October 29, 2025, under which REV Group shareholders will receive 0.9809 Terex shares and $8.71 in cash per share, or $425 million in total cash. Terex also said it will initiate a process to exit its Aerials segment, including assessing a potential sale or spin-off. Terex shareholders would own about 58% of the combined company on a pro forma basis, and the deal is expected to close in the first half of 2026 subject to shareholder and regulatory approvals.
Merger Agreement dated October 29, 2025; REV Group holders receive 0.9809 Terex shares plus $8.71 cash per share ($425 million in total).
Terex shareholders would own about 58% and REV Group shareholders about 42% of the combined company on a fully diluted pro forma basis.
Expected synergies of $75 million of run-rate value in 2028, with approximately 50% achieved twelve months after closing; closing expected in the first half of 2026.
A termination fee of $128,000,000 is payable in specified circumstances; the First Merger must close by April 29, 2026, subject to extensions to July 29, 2026 and October 29, 2026.
Terex Corporation said Srikanth Padmanabhan, recently retired Executive Vice President and President of Operations at Cummins, Inc., has been appointed to its Board of Directors effective December 1, 2025. The filing says he will be an independent director and is expected to serve on board committees, which adds an experienced industrial executive to board oversight.
Appointment to Terex board effective December 1, 2025, announced October 1, 2025
Mr. Padmanabhan spent 34 years at Cummins, including as President of the Engine Business
Filing states he is independent under NYSE listing standards and has no related transactions requiring disclosure
He will receive standard non-employee director compensation described in the April 1, 2025 proxy statement
Terex and certain subsidiaries entered into Amendment No. 3 to their Amended and Restated Credit Agreement on August 12, 2025, lowering the spread on U.S. dollar term loans. The company says the re-pricing is expected to reduce cash interest costs by about $3 million annually, a modest benefit to shareholders.
U.S. dollar term loans now bear interest at SOFR plus 1.75%, down from SOFR plus 2.00%.
Spread on revolving loans was reduced by 12.5 to 25 basis points.
Terex International Financial Services Company Unlimited Company was removed as a borrower.
Company expects annual cash interest cost reduction of approximately $3 million.
Terex reported second quarter 2025 results on July 31, 2025, with EPS of $1.49 and sales of $1.5 billion, up 8% year over year. Operating margin fell 310 basis points to 11.0%, and the company maintained its full-year EPS outlook of $4.70 to $5.10 while raising its Environmental Solutions sales outlook. The company also announced a new $150 million share buyback program.
Q2 EPS of $1.49, including a $0.03 benefit from a lower tax rate
Total net sales of $1.5 billion, up 8% year over year; operating margin of 11.0%, down 310 basis points
Full-year 2025 EPS outlook of $4.70 to $5.10 maintained; full-year ES sales outlook raised to up low double digits
New $150 million share buyback authorized; $21 million of stock repurchased in Q2
Terex reported second quarter 2025 net sales of $1.5 billion, up 7.6% from a year earlier, while GAAP diluted EPS fell to $1.09 from $2.08 and adjusted EPS fell to $1.49 from $2.16. The board authorized a new $150 million share repurchase program and the company kept its full-year adjusted EPS outlook of $4.70 to $5.10.
Q2 2025 operating margin was 8.7% (11.0% adjusted), versus 14.0% a year earlier
Aerials net sales fell 17.1% to $607 million; Materials Processing fell 9.0% to $454 million; Environmental Solutions rose 12.9% on a pro forma basis to $430 million
Free cash flow was $78 million, up from $43 million; liquidity was $1.2 billion as of June 30, 2025
Full-year 2025 outlook: net sales $5.3 billion to $5.5 billion, adjusted EPS $4.70 to $5.10, assuming tariffs remain at current rates
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Terex filing is on SEC EDGAR ↗. 8-K briefs of other companies →