Terex reports Q1 sales up 41% to $1.7B, reaffirms 2026 outlook despite merger charges

Filed May 1, 2026 · Period ending May 1, 2026 · ~2 min read

Key Changes

• high

  Q1 2026 sales reached $1.7B, up 41% reported (11% proforma including REV Group acquisition), with adjusted EPS of $0.98 vs. $0.83 prior year; GAAP loss of $93M driven by non-cash merger-related charges from REV integration.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Company reaffirmed full-year 2026 outlook: sales of $7.5-$8.1B and EBITDA of $930M-$1B (up 12% proforma, 12.4% margin at midpoint), with EPS guidance of $4.50-$5.00 and $28M in expected REV synergies.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  REV Group integration on track to deliver $28M in 2026 synergies through overhead elimination, targeting $75M annual run-rate within 24 months; Specialty Vehicles segment contributed $436M in sales during 58 days owned in Q1.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →