Filing Flows › Terex (TEX) › Q2 2026 › vs Q2 2025
Terex (TEX) Q2 2026 vs Q2 2025 (year over year)
Terex's revenue rose $751M (+51%) from $1.5B in Q2 2025 to $2.2B in Q2 2026. Gross margin 19.8% against 20.7% (-0.9 pts).
Terex, Q2 2026: revenue $2.2B (+50% year over year), operating margin 8.4%, net earnings $110M, operating cash flow $128M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 19.8% | 20.7% | -0.9 pts |
| Operating margin | 8.4% | 8.7% | -0.3 pts |
| Net margin | 4.9% | 4.8% | +0.1 pts |
| Free cash flow margin | 4.5% | 5.2% | -0.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.2B | $1.5B | $751M | +51% |
| Gross profit | $444M | $308M | $136M | +44% |
| Cost of revenue | $1.8B | $1.2B | $615M | +52% |
| Operating profit | $187M | $129M | $58.0M | +45% |
| Operating expenses | $257M | $179M | $78.0M | +44% |
| Pre-tax earnings | $139M | $89.0M | $50.0M | +56% |
| Other expense, net | $48.0M | $40.0M | $8.0M | +20% |
| SG&A | $209M | $162M | $47.0M | +29% |
| Other operating costs | $48.0M | $17.0M | $31.0M | +182% |
| Net earnings | $110M | $72.0M | $38.0M | +53% |
| Income tax | $29.0M | $17.0M | $12.0M | +71% |
| Depreciation & amortization | $85.0M | $39.0M | $46.0M | +118% |
| Share-based compensation | $15.0M | $8.0M | $7.0M | +88% |
| Working capital & other | $82.0M | $17.0M | $65.0M | +382% |
| Operating cash flow | $128M | $102M | $26.0M | +25% |
| Free cash flow (company-reported) | $101M | $78.0M | $23.0M | +29% |
| Capital expenditures, net of proceeds from sale of capital assets | $27.0M | $24.0M | $3.0M | +12% |
Questions
How much did Terex's revenue grow year over year in Q2 2026?
Terex's revenue rose $751M (+51%) from $1.5B in Q2 2025 to $2.2B in Q2 2026. Gross margin 19.8% against 20.7% (-0.9 pts).