Manitowoc reported FY 2025 net sales of USD 2.24 billion (+2.9%) and gross profit of USD 404.7 million (+7.9%), with gross margin at 18.1% (FY 2024: 17.2%). Engineering, selling and administrative expenses were USD 342.9 million (+8.6%). Net income was USD 7.2 million, or diluted net income per share of USD 0.20; on an adjusted basis, net income was USD 11.6 million and adjusted diluted EPS was USD 0.32. EBITDA was USD 114.6 million and adjusted EBITDA was USD 121.7 million (FY 2024: USD 128.4 million). Operating cash flow was USD 22.2 million and free cash flow was negative USD 15.3 million, with the company citing a USD 45.6 million payment to settle a legal matter with the U.S. EPA and an associated environmental mitigation project. Orders rose to USD 2.36 billion (+22.7%) and backlog increased to USD 793.5 million (+22.0%), with both benefiting from foreign currency movements. By segment in FY 2025, net sales were USD 1.26 billion in Americas (+5.2%), USD 667.2 million in EURAF (+8.3%), and USD 313.8 million in MEAP (-13.9%); segment operating income was USD 95.7 million in Americas (-7.7%) and USD 44.6 million in MEAP (+13.2%), while EURAF posted an operating loss of USD 42.9 million (improved 7.9%). Manitowoc said the FY net sales increase reflected higher new tower crane shipments in EURAF, higher non-new machine sales, and price realization and favorable product mix in the Americas, partially offset by lower new crane shipments in the Americas and the European mobiles business; it also cited USD 6.1 million of net tariff costs impacting gross profit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Manitowoc Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-057356), on February 18, 2026, and is solely responsible for the information contained therein.