Stock Track | Terex Plummets 5.58% in Intraday Trading After Reporting Q1 Net Loss Despite Revenue Growth

Stock Track

05/01

Terex (TEX) shares plummeted 5.58% in intraday trading on Friday, as investors reacted negatively to the company's first-quarter financial results which showed a significant net loss.

The heavy equipment manufacturer reported a Q1 2026 net loss of USD 93 million, turning from a profit in the same period year earlier. This negative development occurred despite net sales climbing 41.1% to USD 1.73 billion, with pro forma growth of 11%.

While the company beat adjusted EPS estimates and reaffirmed its full-year outlook, the shift to a net loss appears to have driven the sharp sell-off. Terex's adjusted EBITDA rose to USD 173 million, though the margin narrowed slightly to 9.9%.

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