HYSTER-YALE, INC.

Hyster, in collaboration with Inland Terminals Group (ITG) and dealer Heffiq, announced the deployment of a battery-electric ReachStacker at Terminal ITG Venray-Wanssum in the Netherlands. This deployment marks the beginning of a 24-month field development period to validate and refine the technology in real-world terminal operations. The Hyster® RSJ46-33XDL is powered by four 130-kilowatt lithium-ion battery packs, capable of supporting a full 8-hour shift and charging from 20% to 80% in about 4.5 hours.

Hyster-Yale, Inc. announced the appointment of Anthony J. Salgado as its new Chief Operating Officer, effective August 1, 2026. Prior to this role, Mr. Salgado served as President and Chief Executive Officer of Hyster-Yale Materials Handling, Inc., the company's primary operating subsidiary. The Board of Directors made the appointment on August 1, 2026.

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.

Hyster-Yale, Inc. has posted additional historical quarterly financial data, including its Q2 2026 results. The company reported consolidated revenues of $812.9 million for Q2 2026, marking a 15.0% decrease year-over-year, and a net loss attributable to stockholders of $(31.6) million. The Lift Truck Business and Bolzoni segments also experienced revenue declines, with $1.7 million in restructuring charges recognized in the Americas.

Hyster-Yale, Inc. reported a significant decline in its second-quarter 2026 financial performance, with revenues decreasing by 15% to $812.9 million and net loss attributable to stockholders widening to $31.6 million from $13.9 million in the prior year. The company also experienced an increased operating loss of $18.4 million for the quarter. For the six months ended June 30, 2026, revenues fell by 13.9% to $1,608.1 million, and the net loss expanded substantially to $62.1 million. A discrete tax charge of $3.4 million was recognized due to a valuation allowance against Brazilian deferred tax assets.

Hyster-Yale reported a Q2 2026 net loss of $(31.6)M on revenues of $812.9M, which decreased 15% year-over-year but increased 2% sequentially. The operating loss improved sequentially to $(18.4)M, a 34% reduction from Q1 2026. Bookings surged to $680M, up 17% sequentially and double the prior year, contributing to a backlog of $1.58B. The company also saw an improvement in operating cash flow, moving to a source of $17M in Q2 2026, and expects performance to improve through the remainder of 2026, despite projecting a moderate operating loss for the full year.

Hyster announced the launch of its XTLG integrated lithium-ion forklift series in the Americas, providing an electric alternative to internal combustion engine (ICE) models. Built on an established ICE chassis, the series offers lifting capacities from 4,000 to 15,500 pounds and uses approximately 75% less energy than comparable diesel models. The XTLG series aims to make electrification a practical option by delivering ICE-like performance, reduced operating costs, and an accessible value. The series also won the 2026 SEAL Business Sustainability Award for Sustainable Product.

Hyster-Yale reported a challenging Q1 2026 with revenue declining 13% to $795 million and a net loss of $31 million, compared to a $9 million net income in Q1 2025. The company attributed the decline to a shift towards lighter-duty, lower-priced trucks and approximately $30 million in gross tariff costs. Despite the first-half losses, Hyster-Yale anticipates sequential improvement throughout 2026, expecting profitability in the second half and a modest full-year operating profit, driven by improved bookings and cost actions.

HYSTER-YALE, INC. reported a significant net loss of $(30.5) million for the first quarter of 2026, a sharp decline from a net income of $8.6 million in the prior year. Revenues decreased to $795.2 million from $910.4 million in Q1 2025, primarily due to a substantial drop in the Americas segment. The company also experienced a shift from an operating profit of $21.3 million to an operating loss of $(28.0) million.

Hyster-Yale, Inc. reported a significant decline in Q1 2026 financial results, with consolidated revenues falling 13% year-over-year to $795.2 million and an operating loss of $28 million, primarily due to a shift towards lighter-duty trucks and tariff costs. Despite the losses, bookings showed a 7% sequential increase, indicating early market stabilization. The company anticipates Q2 2026 to be the financial low point, with a projected recovery in the second half of the year driven by stronger bookings, new product offerings, and ongoing cost-reduction initiatives, aiming for a modest full-year operating profit.