TEX Q2 2025 Earnings
Reported Aug 4, 2025 at 1:08 PM ET · SEC Source
Q2 25 EPS
$1.49
BEAT +6.46%
Est. $1.40
Q2 25 Revenue
$1.50B
BEAT +4.45%
Est. $1.44B
vs S&P Since Q2 25
+30.5%
BEATING MARKET
TEX +46.6% vs S&P +16.1%
Market Reaction
Did TEX Beat Earnings? Q2 2025 Results
Terex Corporation delivered a solid second-quarter beat on both the top and bottom lines, posting adjusted EPS of $1.49 against a consensus estimate of $1.40, a 6.46% beat, while revenue climbed 8.6% year-over-year to $1.50 billion, clearing Wall Str… Read more Terex Corporation delivered a solid second-quarter beat on both the top and bottom lines, posting adjusted EPS of $1.49 against a consensus estimate of $1.40, a 6.46% beat, while revenue climbed 8.6% year-over-year to $1.50 billion, clearing Wall Street's $1.44 billion forecast by 4.45%. The clearest driver of the upside was the Environmental Solutions segment, which generated $430.00 million in sales with 19.1% operating margins and pro forma growth of 12.9%, as synergies from the ESG acquisition ran ahead of initial targets and cross-selling wins, including an 80-plus unit bucket truck order, validated the strategic rationale of the deal. The results came despite a 310-basis-point year-over-year compression in consolidated operating margins to 11.0%, with the Aerials segment facing roughly 200 basis points of margin pressure from an unfavorable shift toward national accounts. Terex maintained its full-year EPS guidance of $4.70 to $5.10 and revenue outlook of $5.30 billion to $5.50 billion, with management noting that Q4 EPS is expected to exceed Q3 as tariff mitigation accelerates and Materials Processing margins improve.
Key Takeaways
- • Strong Environmental Solutions performance with 12.9% pro forma revenue growth and 19.1% operating margin offset Aerials headwinds
- • Free cash flow of $78 million improved $35 million year-over-year despite lower earnings due to better working capital
- • ESG synergies running ahead of initial targets across sourcing, digital platforms, and cross-selling
- • National rental customer strength offset independent rental customer capex caution in Aerials
- • MP sequential margin improvement of 270 basis points driven by aggregates vertical
- • Bookings grew 19% year-over-year on a pro forma basis with Aerials up 70% and MP up 24%
TEX YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
TEX Revenue by Segment
With YoY comparisons, source: SEC Filings
“The power of our evolving portfolio was evident in the quarter as strong performance in Environmental Solutions offset industry-wide headwinds in Aerials. Materials Processing executed well, delivering strong sequential growth and margin improvement.”
— Simon Meester, Q2 2025 Earnings Press Release
TEX Earnings Trends
TEX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TEX EPS Trend
Earnings per share: estimate vs actual
TEX Revenue Trend
Quarterly revenue: estimate vs actual
TEX Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.78 | $0.98 | +26.39% | $1.73B | +2.05% |
| Q4 25 BEAT FY | $1.11 | $1.12 | +1.04% | $1.32B | +1.51% |
| FY Full Year | $4.90 | $4.93 | +0.65% | $5.42B | +0.29% |
| Q3 25 BEAT | $1.21 | $1.50 | +24.46% | $1.39B | -1.94% |
| Q2 25 BEAT | $1.40 | $1.49 | +6.46% | $1.50B | +4.45% |