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[SITUATION] · [ACTIVE]
2 clusters · 5 sources · 6 days · First seen · Last updated
Categories: BUSINESS
Terex Q2 2026 earnings and merger integration
Entities: City of Chicago · Simon Meester · Trinzic · Mike Karanikolas · IEEPA
Overview
In late July 2026 Terex Corp. reported a strong second‑quarter performance, posting $2.24 billion in revenue, a 10.7% rise in adjusted EBITDA to $269 million and earnings of $1.37 per share. The company highlighted a 25% jump in consolidated bookings, a $6.9 billion backlog, and robust demand from U.S. non‑residential construction, data‑center and infrastructure projects. Notable contracts included the City of Chicago’s purchase of 80 fire trucks and 40 ambulances, and the firm noted progress on integrating the recently acquired REV Group.
A week later, Terex’s Q2 results were reiterated with additional detail: net sales of $2.2 billion, up 50.5% year‑over‑year, and net income of $110 million. The surge was driven by specialty‑vehicle sales, especially fire‑truck and ambulance orders, and the company’s CEO cited synergies from the REV Group merger as a key factor. The Chicago vehicle order was again referenced, underscoring the continued strength of that contract. Together, the reports portray Terex’s accelerating growth, expanding backlog, and the operational benefits emerging from its recent merger.
Timeline
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4 days ago
[BUSINESS] 5 sourcesRevolve Group and Terex Post Strong Q2 2026 Earnings Amid Sales GainsRevolve Group and Terex posted strong Q2 2026 earnings, with Revolve’s sales up 12% and Terex’s net sales hitting $2.2 billion. Mvb Financial beat earnings forecasts, and Plaza Retail REIT held its earningscall
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9 days ago
[BUSINESS] 2 sourcesTerex and KBR post robust Q2 earnings, raise outlooksTerex and KBR posted strong Q2 results, with Terex reporting $2.24 bn revenue and $1.37 EPS, and KBR earning $0.99 EPS on $2 bn revenue, while both raised guidance and highlighted backlog growth.
Sources
cfweradio.ca · mommygearest.com · rvnews.com · seekingalpha.com · stocknews.com