secwatch.observer — SEC 8-K summary
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Issuer:     TEREX CORP (TEX)
CIK:        0000097216
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0000097216-26-000078
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terex Q1 GAAP loss $93M, adj EPS $0.98; reaffirms FY2026 outlook
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- Sales $1.7B (+41% reported, +11% proforma); adj EPS $0.98 vs $0.83 YoY.
- Adjusted EBITDA $173M (9.9% margin); backlog $7.1B; book-to-bill 109%.
- REV Group contributed 58 days; Specialty Vehicles sales $436M proforma +20%.
- Aerials adj EBITDA breakeven due to tariffs; FY outlook: sales $7.5-8.1B, EPS $4.50-5.00.
- Diluted shares 96.1M vs 66.9M YoY from REV acquisition; free cash outflow $57M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97216/000009721626000078/0000097216-26-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97216/000009721626000078/tex-20260501.htm
  HTML page:      https://secwatch.observer/filing/0000097216-26-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer