--- title: "Terex reports Q2 2026 revenue $2.24B, raises full-year sales and EBITDA guidance" type: "News" locale: "en" url: "https://longbridge.com/en/news/294737108.md" description: "Terex reported Q2 2026 revenue of $2.24 billion and raised its full-year sales guidance to $7.9–$8.2 billion, citing strong bookings and a $6.9 billion backlog. The company also increased adjusted EBITDA and EPS outlooks, driven by synergies from recent acquisitions and robust demand in construction and infrastructure sectors." datetime: "2026-08-03T20:43:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294737108.md) - [en](https://longbridge.com/en/news/294737108.md) - [zh-HK](https://longbridge.com/zh-HK/news/294737108.md) generator: "portal-rs" --- # Terex reports Q2 2026 revenue $2.24B, raises full-year sales and EBITDA guidance Terex reported second-quarter 2026 consolidated sales of $2.24 billion and adjusted EBITDA of $269 million, with adjusted diluted EPS of $1.37. The company raised its 2026 outlook to $7.9–$8.2 billion in sales and adjusted EBITDA of $960 million–$1.0 billion, and now expects adjusted EPS of $4.70–$5.10. Management cited stronger bookings, a $6.9 billion backlog and progress on integration and synergies from recent transactions. **Financial Highlights** - Revenue: Consolidated sales of $2.24 billion in Q2 2026 (up $751 million or 51% as reported; +8.5% on a proforma basis). - Adjusted EBITDA: $269 million for the quarter, up $26 million or 10.7% proforma year-over-year. - Adjusted diluted EPS: $1.37 in Q2 2026 (includes an $8 million net benefit from IEEPA tariff refunds and a one-time customs-related accrual). - Net debt and leverage: Net debt of $2.28 billion with $407 million cash on hand; net leverage improved to 2.3x net debt to 12-month adjusted EBITDA. - Updated full-year outlook: 2026 sales $7.9–$8.2 billion; adjusted EBITDA $960 million–$1.0 billion; adjusted EPS $4.70–$5.10; free cash flow $300–$350 million. **Business Highlights** - Backlog and bookings: Q2 bookings rose 25% proforma to $2.0 billion and backlog ended the quarter at $6.9 billion, supporting confidence in the second half. - Segment performance and execution: Materials Processing saw strengthened demand for mobile crushers and expanded adjusted EBITDA margin to 18.8%; Specialty Vehicles (post-REV merger) delivered record earnings performance and improved throughput in fire apparatus production; Aerials experienced higher volume from national accounts and sequential price/cost improvement; Environmental Solutions benefited from robust Utilities demand while managing temporary softness in refuse collection vehicles. - Integration and synergies: Management reports the REV merger and ESG acquisition are trending above initial business cases, with approximately $28 million of synergies included in 2026 EBITDA guidance and ongoing realization of cost and operational synergies. - Capacity and operational investments: SV capacity expansions underway — ladder truck plant expansion in Ocala, FL and an expanded facility in Brandon, SD nearing completion to increase S180 semi-custom pumper output; Utilities ramping shipments and executing capacity expansion; MP and Aerials focused on throughput, cost-outs, and supply-chain mitigation (including tariff headwind responses). - Market backdrop: Management cites improving demand across non-residential construction, infrastructure, data centers, grid modernization and renewable energy investments, with municipal replacement cycles supporting recurring demand for specialty vehicles and environmental equipment. Original SEC Filing: TEREX CORP \[ TEX \] - 8-K - Aug. 03, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [TEX.US](https://longbridge.com/en/quote/TEX.US.md) - [REVG.US](https://longbridge.com/en/quote/REVG.US.md) ## Related News & Research - [De Lisle Partners LLP Purchases Shares of 20,000 Terex Corporation $TEX](https://longbridge.com/en/news/296695717.md) - [RISK: ARR up 8% and churn at 0%, but extraordinary IT costs drove negative EBITDA in Q2 2026](https://longbridge.com/en/news/296323557.md) - [NORTHM: Q2 2026 saw lower revenue and EBITDA, but net profit surged on investment gains](https://longbridge.com/en/news/296623514.md) - [EIK: Strong H1 2026 growth with higher rental income, property gains, and raised EBITDA guidance](https://longbridge.com/en/news/296250767.md) - [MATR: Modernized footprint and strategic growth drive strong EBITDA and cash flow outlook](https://longbridge.com/en/news/296448378.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**