HYSTER-YALE, INC. reported second-quarter 2026 results with revenue of $812.9M, a year-over-year decline, and a net loss attributable to stockholders of ($31.6M), or diluted loss per share of ($1.76), reflecting weaker unit volumes and a shift toward lower‑priced models.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$812.9M$956.6M(15%) | Net income²($31.6M)($13.9M)(127.3%) | Diluted EPS³($1.76)($0.79)(122.8%) |
¹ Reported as “Revenues”. ² Reported as “Net Loss Attributable to Stockholders”. ³ Reported as “Diluted Loss per Share”.
Business Highlights
- Revenue trend: Revenues down about 14% year-to-date (Q2) driven by lower unit volume and a shift to lower‑priced, low‑intensity models.
- Channel & mix shift: Demand moved to lighter‑duty trucks; bookings have increased for four consecutive quarters while shipments have lagged due to delivery timing.
- Product momentum: New low‑intensity Hyster and Yale models are gaining acceptance, expanding the addressable market and supporting share gains.
- Operations: Cost‑reduction program has delivered roughly half of targeted annual savings; manufacturing footprint and sourcing changes are underway to mitigate tariffs.
- Backlog & bookings: Backlog stands near $1.6B (about five months of production); strengthened bookings are expected to drive shipments in late 2026.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.