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Recent Updates — JBTM

August 3, 2026View Source ↗

JBT Marel Corporation reported second quarter 2026 financial results with revenue of $981 million, a 5 percent increase year-over-year. Diluted earnings per share were $0.54 compared to $0.07 in the prior year period, while adjusted EPS reached $1.95 against $1.49 previously. The company recorded net income of $28 million and adjusted EBITDA of $168 million. Orders totaled $1.03 billion with a book-to-bill ratio of 1.05x, resulting in a quarter-ending backlog of $1.54 billion. Results included a $33 million non-cash impairment charge related to a 2021 acquisition. The company repurchased approximately 200,000 shares for $26 million during the quarter and reiterated its full year 2026 guidance for revenue and adjusted EBITDA margin while refining EPS targets. JBT Marel Corporation is a leading global technology solutions provider to high-value segments of the food & beverage industry.