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The Manitowoc Company Reports First-Quarter 2026 Financial Results; Maintains Full Year 2026 Guidance

$MTWPress releaseMay 5, 2026, 4:01 PM ETRead the release

Manitowoc reported first-quarter net sales of $494.6 million, up 5.0% year-over-year, with orders increasing 5.8% to $645.7 million and backlog reaching $939.9 million. The company posted a net loss of $6.0 million, or $(0.17) per diluted share, compared to a net loss of $6.3 million in the prior year.

Key figures

Revenue
494600000
Guidance
Maintains Full Year 2026 Guidance
Revenue Yoy
5.0%
Fcf
19200000
Orders
645700000
Backlog
939900000
Adjusted ebitda
19600000
Operating income
3100000

AI analysis

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