Earnings ·
Terex Corporation reported second quarter 2026 results on July 30, 2026, posting pro forma revenue of $2.2 billion, an…
TEXTerex Corp
Terex Corporation reported second quarter 2026 results on July 30, 2026, posting pro forma revenue of $2.2 billion, an 8.5% increase year-over-year, and adjusted EBITDA of $269 million, up 10.7%. The company raised its full-year 2026 guidance, now expecting sales between $7.9 billion and $8.2 billion, adjusted EBITDA between $960 million and $1.0 billion, and adjusted EPS between $4.70 and $5.10. Consolidated bookings surged 25% to $2 billion, supported by a backlog of $6.9 billion. Terex also announced it is conducting a strategic review of its Aerials segment with interest from multiple parties. The company operates in the heavy equipment manufacturing industry, producing aerial work platforms, cranes, and specialty vehicles.