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reported first-quarter net sales of $552.1 million for the three months ended January 31, 2026, up from $525.1 million a year earlier, according to a pro forma quarterly report filed as an exhibit to Terex Corporation's (TEX) 8-K.
Net income fell to $13.3 million from $18.2 million, reduced by an $11.6 million loss on assets reclassified as held for sale.
Earnings narrowed by asset write-down Gross profit widened to $76.6 million from $69.8 million and operating income rose to $31.3 million from $28.0 million.
Selling, general and administrative expenses totaled $45.3 million, up from $41.8 million.
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