Manitowoc

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across all key metrics: adjusted EPS of $0.46 exceeded the $0.11 expected, and revenue of $594.9M surpassed the $564.2M consensus. Adjusted EBITDA grew 85.9% YoY with a 330 bps margin expansion, driven by a 56.1% surge in orders and a backlog exceeding $1.0B. Management raised full-year FY26 adjusted EPS guidance to $0.80–$1.20, well above the previous range, reflecting robust demand in lifting infrastructure.