The Manitowoc Company, Inc. updated its full-year 2026 financial guidance during a presentation at the Midwest IDEAS Investor Conference on August 26, 2026. The company raised net sales estimates to $2.3–$2.4 billion from $2.25–$2.35 billion and increased adjusted EBITDA guidance to $150–$170 million from $125–$150 million, citing a $16 million net benefit from tariff refunds. Adjusted diluted EPS guidance was raised to $0.80–$1.20 from $0.45–$0.90. The firm highlighted strong secular tailwinds in infrastructure and energy sectors, noting an aging crane fleet driving replacement demand. Manitowoc operates in the heavy machinery industry, manufacturing cranes and providing lift solutions.

The Manitowoc Company reported second-quarter 2026 net income of $14.2 million, or $0.39 per diluted share, with adjusted net income of $16.8 million ($0.46 per share). Net sales rose 10.3% year-over-year to $594.9 million, while orders surged 56.1% to $708.7 million, pushing the backlog to $1,050.1 million. Adjusted EBITDA increased 85.9% to $48.9 million with significant margin expansion. The company raised its full-year 2026 guidance, projecting net sales of $2.3 to $2.4 billion and adjusted EBITDA of $150 to $170 million, up from prior estimates of $125 to $150 million. Manitowoc manufactures and services heavy lifting equipment, including cranes, for global industrial markets.