Lift truck bookings more than doubled year over year to about USD 680 million; backlog edged down to about USD 1.58 billion.
Outlook calls for a moderate operating loss in 2026, with improving performance expected through the year as bookings trends support higher shipments later.
Q2 results and operating performance
Hyster-Yale posted a Q2 net loss attributable to stockholders of USD 31.6 million, widening from USD 13.9 million; diluted loss per share widened to USD 1.76.
Q2 revenue fell 15% to USD 812.9 million, led by a 16.4% drop in lift truck revenue to USD 755.5 million.
Q2 operating loss widened to USD 18.4 million from USD 8.5 million, on lower unit volume, weaker mix, and higher tariff-related costs.
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