Terex posts $2.2 billion Q2 2026 sales, lifts full-year outlook
AI Market Summary
Terex reported strong Q2 2026 results with pro forma sales up 8.5%, higher adjusted earnings, and bookings up 25.2%, lifting backlog and prompting an upward revision to full-year sales and adjusted EBITDA guidance. The release signals improving demand across construction and specialized equipment end markets, offering a modest near-term fundamental tailwind for cyclicals and broader risk sentiment, despite margin pressure in Aerials from tariffs and inflation.
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● Low
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▲ Bullish
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Terex reported second-quarter 2026 revenue of $2.2 billion, up 50.5% on a reported basis, while pro forma sales rose 8.5%. Net income came in at $110 million, or $0.96 per share, and adjusted net income was $156 million, or $1.37 per share. Bookings totaled $2.0 billion, up 25.2% year over year on a pro forma basis, and the company raised its 2026 sales and adjusted EBITDA outlook.
