JBT Marel Q2 net income swings to $28 million; revenue rises 5% to $981 million

Reuters2026/08/03 20:23

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JBT Marel posted Q2 2026 revenue of $981 million, up 5% year over year; orders climbed to $1.03 billion, lifting book-to-bill to 1.05x.
Net income rose to $28 million, widening net income margin by 2.5 percentage points to 2.9%; GAAP diluted EPS was $0.54.
GAAP results included a $33 million non-cash, non-recurring impairment charge tied to a 2021 acquisition; adjusted EBITDA rose to $168 million, with margin at 17.1%.
Backlog ended the quarter at $1.54 billion; net debt to trailing 12-month adjusted EBITDA was 2.47x, within the 2.0–2.5x target range.
Full-year guidance was reiterated for revenue of $3.99 billion–$4.07 billion and adjusted EBITDA margin of 17%–17.5%, while adjusted EPS was refined to $7.85–$8.35.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBT Marel Corporation published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JBT Marel Q2 net income swings to $28 million; revenue rises 5% to $981 million

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