Terex Corporation — Third Quarter 2026 Earnings Summary

Terex Corporation reported third-quarter 2026 net sales of $2.2 billion, representing a 58.4% increase on a reported basis and an 11.6% growth on a pro forma basis compared to the prior year. The company achieved adjusted net income of $171 million and adjusted EBITDA of $286 million, driven by strong order activity across all segments that resulted in a $7 billion backlog. Terex refined its full-year 2026 outlook to project sales between $8.0 billion and $8.2 billion, adjusted EBITDA between $930 million and $960 million, and free cash flow between $360 million and $400 million. Additionally, the Board of Directors authorized a new $500 million share repurchase program, bringing total available repurchase capacity to $611 million.