Filing Flows › Terex (TEX) › Q3 2026
Terex (TEX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Terex (TEX) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +58% from a year earlier and -2% from the quarter before. Operating margin was 8.3%, net earnings $114M (5.2% of revenue).
Terex, Q3 2026: revenue $2.2B (+58% year over year), operating margin 8.3%, net earnings $114M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -2% | +58% |
| Gross profit | $435M | -2% | +45% |
| Operating profit | $183M | -2% | +31% |
| Net earnings | $114M | +4% | +75% |
| Operating cash flow | $241M | +88% | +56% |
| Free cash flow | $209M | — | +61% |
What changed
Revenue was $2.2B in Q3 2026, up 58% year over year and down 2% from the previous quarter.
Gross margin was 19.8%, down 1.8 points from Q3 2025. Operating profit was $0.18B, a 8.3% margin (down 1.8 points year over year). Of the extra revenue versus Q3 2025, 5% reached operating profit, below the 10% margin then. Operating expenses grew 58% against revenue growth of 58%. The fastest-growing cost line was Other operating costs (+212%). Net earnings were $0.11B, up 75% year over year. The effective tax rate was 15.6%.
Operating cash flow was $0.24B (up 56% year over year), 211% 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 added $0.03B. After capital expenditures, net of proceeds from sale of capital assets ($0.03B), free cash flow as the company reports it was $0.21B.
Questions
What was Terex's revenue in the third quarter 2026?
Terex (TEX) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +58% from a year earlier and -2% from the quarter before.
Was Terex profitable in the third quarter 2026?
Operating profit was $183M (8.3% of revenue) and net earnings $114M.
Source: Terex 10-Q on SEC EDGAR.