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MTW · Manitowoc Co Inc

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$20.19 -0.49 (-2.37%) At close · Aug 17
Market Cap
$745.76M
Shares
36.06M
All earnings calls

Earnings call · FY2026 Q2

The Manitowoc Company Schedules Second-Quarter 2026 Earnings Announcement and Conference Call

The Manitowoc Company Schedules Second-Quarter 2026 Earnings Announcement and Conference Call

Concluded Aug 7, 2026 Audio replay
Aug 7, 2026 6:06 3 turns
Period
FY2026 Q2
Runtime
6:06
Sources
4 artifacts

Executive readout · one minute

What matters this quarter

Manitowoc reported strong Q2 2026 results with net sales up 10.3% and adjusted EBITDA up 85.9% year-over-year, orders surging 56.1% to a backlog over $1.0 billion, and raised full-year guidance for net sales, adjusted EBITDA, adjusted EPS, and adjusted free cash flow.

Quarterly Financial Performance 4 Guidance Update 2 Safety 2 Crane Market 1 Operating Environment 1

Management tone

Confident

Net tone +72 · low hedging

Grounding quotes
  • “sales increased 10 and adjusted EBITDA increased over 85 versus last year”
  • “our core financial performance was among the strongest quarters that we've achieved in recent years”
  • “we are increasing our four-year guidance to reflect strengthening crane market”
  • “navigating what has been a challenging operating environment over the last few years”

Research coverage

4 live sources

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Revenue $594.90M +10.3% YoY
Diluted EPS $0.39 +875% YoY
Gross margin 20.7% +2.3 pp YoY
Net income $14.20M +846.7% YoY

Research materials

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Key takeaways

What improved, and what deserves a closer read.

Constructive signals

  • Net sales rose 10.3% year-over-year to $594.9 million
  • Orders jumped 56.1% to $708.7 million, pushing backlog over $1.0 billion
  • Operating cash flow improved $75.7 million year-over-year to $8.0 million

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

New Machine Sales$422.70M +11.9% YoY
Non-New Machine Sales$172.20M +6.6% YoY
Full-screen source Call document