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Terex reports Q3 sales up 58%, net income $114M, raises 2026 outlook and approves $500M share buyback

Company Fundamentals
28 Oct 2026, 14:00 WIB
PRNewsWire
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Bullish
Terex reports Q3 sales up 58%, net income $114M, raises 2026 outlook and approves $500M share buyback

Terex Corporation posted strong Q3 2026 results with sales rising 58.4% to $2.2 billion and adjusted net income reaching $171 million. The company saw growth across all segments, a $7 billion backlog, and improved cash flow, reflecting solid operational execution and synergy gains. Terex refined its 2026 outlook, expecting sales of $8.0-$8.2 billion, adjusted EBITDA of $930-$960 million, and free cash flow of $360-$400 million. The board also approved a new $500 million share repurchase program, signaling confidence in future growth and shareholder returns.

Terex Corporation's third quarter 2026 results provide context for readers interested in industrials. For readers following the Industrials sector on Pluang as of Oct 28, 2026 16:41 WIB, 69 of 135 priced US industrial stocks rose while 56 fell. Among notable movers, Frontline Plc Ordinary Shares (FRO) gained 2.70% to USD 55.22 with a typical hold time of 7 days, Comfort Systems USA Inc (FIX) rose 2.32% to USD 1,318.49 despite 97% of Pluang orders being sell orders and a typical hold time of 41 days, whereas SMX Security Matters plc (SMX) declined 2.23% to USD 1.75 with a typical hold time of 23 days and 94% buy order activity.

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