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The Manitowoc Company MTW Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$594.9MBeat by $30.9M
EPS$0.46Beat by $0.35
Revenue estimate$564.0M
EPS estimate$0.11
“Our second quarter results exceeded our expectations. Net sales increased 10% year-over-year, and adjusted EBITDA grew 86% year-over-year. Customer sentiment remained positive, as strong quoting activity translated into higher order intake across our business. I am extremely pleased with the team's performance across the business and the continued momentum in non-new machine sales. Looking ahead, we remain focused on executing our CRANES+50 strategy and continue to see opportunities for growth. While the market environment remains dynamic, we believe our disciplined approach, strong customer relationships, and strategic initiatives position Manitowoc well for the remainder of 2026.”
Aaron H. Ravenscroft

Next report

Nov 4, 2026 (in a month)
Revenue estimate$577.1M
EPS estimate$0.20

Financials

Q2 2026

Income statement

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Revenue$594.9M+10.3%
Gross profit$123.1M+24.3%
Operating income$31.1M+217%
Net income$14.2M+847%
EPS (diluted)$0.39+875%

Balance sheet

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Cash & equivalents$95.8M+191%
Total debt$518.4M-1.2%
Total equity$701.1M+2.9%
Total assets$1.9B+2.0%

Cash flow

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Operating cash flow$8.0M+112%
CapEx$14.1M+135%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$807.79M+121%
Enterprise value$1.23B+39.9%
P/E40×+33.6×
P/S0.4×+0.2×

Profitability

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Gross margin18.7%+1.3pp
Operating margin3.1%+1.3pp
Net margin0.9%-1.2pp

Returns & leverage

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Return on equity2.9%-4.1pp
Debt / equity0.7×0.0×
Current ratio2.1×0.0×

Segments

By product

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New Machine Sales$422.7M+11.9%
Non New Machine Sales$172.2M+6.6%

By geography

See full
Middle East And Asia Pacific$95.8M+50.2%

FAQ

When did The Manitowoc Company report Q2 2026 earnings?
The Manitowoc Company (MTW) reported Q2 2026 earnings on August 6, 2026 after market close.
What were The Manitowoc Company's Q2 2026 revenue and EPS?
The Manitowoc Company reported revenue of $594.9M and eps of $0.46 for Q2 2026.
Did The Manitowoc Company beat estimates in Q2 2026?
Revenue beat the consensus estimate of $564.0M by $30.9M. EPS beat the consensus estimate of $0.11 by $0.35.
How did The Manitowoc Company's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 10.3% from $539.5M a year earlier and eps grew 475.0% from $0.08.
Where can I find The Manitowoc Company's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-337931) and the 10-Q periodic report (0001193125-26-340218) directly on SEC EDGAR. The filing index links above go to sec.gov.