Terex Q2 adjusted EPS $1.37, sales $2.2B; raises FY2026 outlook

TEREX CORP

Net sales $2.2B (+50.5% reported, +8.5% pro forma); adjusted EBITDA $269M (12.0% margin).
Adjusted EPS $1.37 vs $1.49 prior year; net income $110M ($0.96 GAAP EPS).
Bookings $2.0B (+25.2% pro forma); backlog $6.9B (+3.9% pro forma).
Raising FY2026 outlook: sales $7.9-8.2B, adjusted EBITDA $960M-$1B, adjusted EPS $4.70-$5.10.
Free cash flow $101M, up $23M YoY; liquidity $1.1B.

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