Q2 2026 Terex Corp Earnings Call Transcript

Jul 30, 2026 / 12:30 PM GMT

Release Date Price: €57 (+2.70%)

Transcript 10-Q8-K

Key Points

Positve

Consolidated revenue grew 8.5% year-over-year on a pro forma basis, with growth across all segments.
Adjusted EBITDA increased 10.7% year-over-year to $269 million, driven by improvements in materials processing and specialty vehicles.
Bookings surged 25% year-over-year on a pro forma basis, with a strong backlog of $6.9 billion supporting second-half confidence.
Materials processing segment saw a 440 basis point margin expansion to 18.8%, driven by favorable product mix and price/cost discipline.
Specialty vehicles segment improved adjusted EBITDA margin by 210 basis points to 14.5%, reflecting operational efficiencies and price realization.

Negative

Aerial segment margins declined 340 basis points year-over-year to 5.7%, due to significantly higher tariff impacts.
Environmental solutions segment margins were pressured by temporary unfavorable mix and production ramp-up inefficiencies in utilities.
Refuse collection vehicle demand remains soft, with no material second-half pre-buy expected ahead of 2027 EPA regulations.
The company faces ongoing tariff headwinds, with $190 million in total tariff-related costs expected for the year.
Aerial segment margins are expected to face tough year-over-year comparisons due to higher tariffs and a one-time customs accrual.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TEX.N - Terex Corp
Q2 2026 Terex Corp Earnings Call
Jul 30, 2026 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings and welcome to the TEDxx second quarter 2020.

All participants are in listen-only mode.

Greetings and welcome to the TEDx second quarter 2020.

All participants are in listen-only mode.

A brief question-and-answer session will follow the formal presentation.

If you would like to ask a question, please press 1 to raise your hand.

A brief question-and-answer session will follow the formal presentation.

If you would like to ask a question, please press 1 to raise your hand.

To withdraw your question, pressar 1 again.

To withdraw your question, pressar 1 again.

This conference is being recorded.

This conference is being recorded.

It

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.