Terex reported third-quarter net sales of $2.2 billion, a 58.4% increase on a reported basis, driven by strong demand across its segments. Net income rose to $114 million ($1.00 diluted EPS), while adjusted net income was $171 million ($1.50 diluted EPS). Adjusted EBITDA reached $286 million with a 13.0% margin. Bookings surged 52.7% year-over-year to $2.3 billion, expanding the backlog to $7.0 billion. The Board authorized a new $500 million share repurchase program. Terex also refined its full-year 2026 outlook, projecting sales of $8.0–$8.2 billion and adjusted diluted EPS of $4.80–$5.00. Terex Corporation is a global manufacturer of specialized equipment for construction, waste management, utilities, and emergency services.
