Filing Flows › Terex (TEX) › Q2 2026
Terex (TEX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Terex (TEX) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +51% from a year earlier and +29% from the quarter before. Operating margin was 8.4%, net earnings $110M (4.9% of revenue).
Terex, Q2 2026: revenue $2.2B (+50% year over year), operating margin 8.4%, net earnings $110M, operating cash flow $128M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +29% | +51% |
| Gross profit | $444M | +116% | +44% |
| Operating profit | $187M | — | +45% |
| Net earnings | $110M | — | +53% |
| Operating cash flow | $128M | — | +25% |
| Free cash flow | $101M | — | +29% |
What changed
Revenue was $2.2B in Q2 2026, up 51% year over year and up 29% from the previous quarter.
Gross margin was 19.8%, down 0.9 points from Q2 2025. Operating profit was $0.19B, a 8.4% margin (down 0.3 points year over year). Of the extra revenue versus Q2 2025, 8% reached operating profit, below the 9% margin then. Operating expenses grew 44% against revenue growth of 51%. The fastest-growing cost line was Other operating costs (+182%). Net earnings were $0.11B, up 53% year over year. The effective tax rate was 20.9%.
Operating cash flow was $0.13B (up 25% year over year), 116% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. After capital expenditures, net of proceeds from sale of capital assets ($0.03B), free cash flow as the company reports it was $0.10B.
Questions
What was Terex's revenue in the second quarter 2026?
Terex (TEX) reported revenue of $2.2B for the second quarter 2026 (Q2 2026), +51% from a year earlier and +29% from the quarter before.
Was Terex profitable in the second quarter 2026?
Operating profit was $187M (8.4% of revenue) and net earnings $110M.
Source: Terex 10-Q on SEC EDGAR.