Quarterly ResultAug 5, 2026, 04:38 PM
Hyster-Yale Q2 Revenue $813M; Operating Loss Improves to $18M
AI Summary
Hyster-Yale, Inc. reported Q2 2026 revenues of $813M, a 2% increase from the previous quarter, and saw its operating loss improve to $18M. The company experienced its fourth consecutive quarter of booking growth, with unit bookings volume reaching $680M, and a growing backlog of $1.6B. Hyster-Yale expects the first half of 2026 to be the bottom of the current lift truck market cycle, anticipating a second-half recovery and a moderate full-year operating loss.
Key Highlights
- Q2 2026 Revenue was $813M, a 2% increase quarter-over-quarter.
- Operating Loss improved to $18M in Q2 2026 from $28M in Q1 2026.
- Adjusted Operating Loss improved to $17M from $26M in Q1 2026.
- Unit bookings volume was $680M, up 17% quarter-over-quarter and double Q2 2025.
- Backlog increased to $1.6B, representing approximately 5 months of production.
- Cash provided by operations was $17M, a $50M improvement versus Q1 2026.
- Debt decreased by $5M quarter-over-quarter to $500M.
- Company anticipates a second-half recovery with a moderate full-year operating loss.
Price Impact
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