Terex revenue +50.5% on REV acquisition; legacy operating profit down on tariffs

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~2 min read

Key Changes

• high

  REV Group acquisition closed Feb 2026, adding new Specialty Vehicles segment with $650M Q2 sales, $94M Adj. EBITDA, and $6.9B backlog. Combined entity now reports four segments vs. three prior.

  Notes: REV Transaction verify on EDGAR →
• high

  Legacy operating profit declined $15M excluding SV contribution, driven by higher tariff costs in Aerials (Adj. EBITDA -$17M, margin compressed from 9.1% to 5.7%) and production ramp-up inefficiencies in ES.

  MD&A: Segment Performance verify on EDGAR →
• medium

  North America revenue concentration rose from 73% to 83% of total sales, reflecting REV's U.S.-focused portfolio and management's deliberate shift toward domestic, resilient end markets.

  MD&A: Geographic Mix verify on EDGAR →