Hyster-Yale Q1 net loss $30.5M vs $8.6M profit YoY; revenue down 13%

HYSTER-YALE, INC.

2026-Q1 EPS reported -$1.71 revenue$795,200,000

Revenue $795.2M (-13% YoY); net loss $(30.5)M, diluted EPS $(1.71) vs $0.48 profit.
Operating loss $(28.0)M includes ~$30M gross tariff costs; Lift Truck ops loss $(27.9)M.
Bookings up 7% sequentially, backlog $1.41B (+10% vs Q4 2025); Q2 shipments seen as cycle low.
Expects modest full-year 2026 operating profit, with first-half loss and second-half recovery; capex $55-70M.
Net debt $423.5M (up from $371.1M at Dec 2025); restructuring targeting $40-45M annual savings.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HYSTER-YALE, INC. reported three months ended March 31, 2026 results: revenue $795.2 million, net income $(30.5) million, EPS $(1.71) per diluted share.

Period: three months ended March 31, 2026
Revenue: $795.2 million
Net income: $(30.5) million
EPS: $(1.71) per diluted share
Result: reported results

Exact text from the filing

Consolidated Highlights: • Q1 bookings continued to strengthen, up 7% sequentially, signaling early stabilization following the Q3 2025 cyclical low • Consolidated revenues of $795 million declined 13% year-over-year and 14% sequentially, primarily driven by a shift toward lighter‐duty, lower‐priced trucks and depletion of excess backlog • Operating loss of $28

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Source: SEC EDGAR

accession 0001173514-26-000113

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