Filing Flows › Terex (TEX) › Q1 2026
Terex (TEX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Terex (TEX) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +41% from a year earlier and +32% from the quarter before. Operating margin was -4.7%, net loss $89.0M (5.1% of revenue).
Terex, Q1 2026: revenue $1.7B (+41% year over year), operating margin -4.7%, net loss $89.0M, operating cash flow −$31.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +32% | +41% |
| Operating profit | −$82.0M | -160% | -219% |
| Net earnings | −$89.0M | -241% | -524% |
| Operating cash flow | −$31.0M | -115% | — |
What changed
Revenue was $1.7B in Q1 2026, up 41% year over year and up 32% from the previous quarter.
Gross margin was 11.9%, down 8.2 points from Q1 2025. Operating costs exceeded revenue by $0.08B, an operating margin of -4.7%. Operating expenses grew 62% against revenue growth of 41%. The fastest-growing cost line was Other operating costs (+176%). The quarter ended with a net loss of $0.09B, after a profit of $0.06B the previous quarter.
Operating cash flow was −$0.03B. Non-cash charges added back $0.08B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.06B.
Questions
What was Terex's revenue in the first quarter 2026?
Terex (TEX) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +41% from a year earlier and +32% from the quarter before.
Was Terex profitable in the first quarter 2026?
Operating loss was $82.0M (-4.7% of revenue) and net loss $89.0M.
Source: Terex 10-Q on SEC EDGAR.