--- title: "Terex | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.238 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/294351188.md" datetime: "2026-07-30T11:06:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294351188.md) - [en](https://longbridge.com/en/news/294351188.md) - [zh-HK](https://longbridge.com/zh-HK/news/294351188.md) generator: "portal-rs" --- # Terex | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.238 B Revenue: As of FY2026 Q2, the actual value is USD 2.238 B, beating the estimate of USD 2.141 B. EPS: As of FY2026 Q2, the actual value is USD 0.96, missing the estimate of USD 1.2377. EBIT: As of FY2026 Q2, the actual value is USD 184 M. #### Consolidated Performance (Second Quarter 2026 vs. Second Quarter 2025) Terex Corporation reported net sales of $2.2 billion for the second quarter of 2026, marking a 50.5% increase on a reported basis compared to the second quarter of 2025, and an 8.5% increase year-over-year on a pro forma basis. Net income for the quarter was $110 million, compared to $72 million in the second quarter of 2025. Adjusted net income reached $156 million, up from $98 million in the prior-year period. Adjusted EBITDA totaled $269 million, representing a 12.0% margin, which was an increase of $26 million, or 10.7%, on a pro forma basis compared to the second quarter of 2025. Gross profit for Q2 2026 was $444 million, up from $308 million in Q2 2025. Selling, general, and administrative expenses were - $209 million in Q2 2026, compared to - $162 million in Q2 2025. Operating profit for Q2 2026 was $187 million, an increase from $129 million in Q2 2025, with an operating margin of 8.4%. The company’s backlog stood at $6.9 billion, an increase of $257 million, or 3.9%, on a pro forma basis compared to the prior year. Bookings were $2.0 billion, a 25.2% increase year-over-year on a pro forma basis, resulting in a book-to-bill ratio of 90%. #### Cash Flow and Liquidity (Second Quarter 2026) Free cash flow for the second quarter of 2026 was $101 million, an increase of $23 million from the prior-year period. As of June 30, 2026, total liquidity, including cash and availability under the revolving line of credit, was $1.1 billion. Capital expenditures and investments for the second quarter of 2026 amounted to $33 million. Terex Corporation returned $20 million to shareholders through dividends during the second quarter of 2026. The company has approximately $183 million available for repurchase under its share repurchase programs. #### Segment Performance (Second Quarter 2026 vs. Second Quarter 2025) - **Environmental Solutions:** Net sales were $456 million, up 5.9% compared to $430 million in Q2 2025. Adjusted EBITDA was $80 million, or 17.5% of net sales, decreasing from $86 million, or 20.0% of net sales in Q2 2025. - **Materials Processing:** Net sales reached $464 million, a 2.2% increase year-over-year from $454 million, with pro forma net sales up 11.1%. Adjusted EBITDA was $87 million, or 18.8% of net sales, an improvement from $62 million, or 13.8% of net sales in Q2 2025. - **Specialty Vehicles:** Net sales were $650 million, growing 6.2% year-over-year on a pro forma basis. Adjusted EBITDA was $94 million, or 14.5% of net sales, compared to $76 million, or 12.4% of net sales on a pro forma basis in Q2 2025. - **Aerials:** Net sales were $673 million, up 10.9% from $607 million in Q2 2025. Adjusted EBITDA was $38 million, or 5.7% of net sales, down from $55 million, or 9.1% of net sales in Q2 2025. #### Year-to-Date (YTD) June 30, 2026 Financial Highlights Net sales for the six months ended June 30, 2026, were $3,972 million, compared to $2,716 million for the same period in 2025. Net income was $21 million for YTD 2026, compared to $93 million for YTD 2025. Net cash provided by operating activities was $97 million for YTD 2026, up from $81 million for YTD 2025. Net cash used in investing activities was - $488 million for YTD 2026, compared to - $38 million for YTD 2025. #### 2026 Outlook Terex Corporation is raising its full-year 2026 outlook, projecting sales to grow approximately 7% on a pro forma basis to a range of $7.9 billion to $8.2 billion. The company anticipates Adjusted EBITDA to increase by $124 million or 14.5% year-over-year on a pro forma basis, reaching between $960 million and $1 billion, with a 12.2% Adjusted EBITDA margin at the midpoint. Free cash flow is expected to be between $300 million and $350 million. #### Segment Net Sales Outlook for 2026 - **Environmental Solutions:** Revenue is expected to be up low single-digits (LSD) from a prior year baseline of $1,691 million. - **Materials Processing:** Revenue is projected to be up low double-digits (LDD) from a prior year baseline of $1,578 million. - **Specialty Vehicles:** Revenue is expected to be up high single-digits (HSD) from a prior year baseline of $2,179 million. - **Aerials:** Revenue is anticipated to be up low double-digits (LDD) from a prior year baseline of $2,060 million. ### Related Stocks - [TEX.US](https://longbridge.com/en/quote/TEX.US.md) ## Related News & Research - [De Lisle Partners LLP Purchases Shares of 20,000 Terex Corporation $TEX](https://longbridge.com/en/news/296695717.md) - [Research Analysts Set Expectations for Terex Q3 Earnings](https://longbridge.com/en/news/295932778.md) - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [Northrop Grumman announces R$ 0.17 per unit dividend for Q3 2026](https://longbridge.com/en/news/296645808.md) - [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**