Manitowoc Co Inc (MTW) financial statements: income statement, balance sheet and cash flow
Manitowoc Co Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Manitowoc Co Inc reported revenue of $2.2B (+2.9% year on year) and net income of $7.2M (-87.1% year on year).
Income statement
Manitowoc Co Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$2.2B
$2.2B
$2.2B
$2.0B
Cost of sales
$1.8B
$1.8B
$1.8B
$1.7B
Gross profit
$404.7M
$375.0M
$425.2M
$364.5M
Engineering, selling and administrative expenses
$342.9M
$315.7M
$328.3M
$281.0M
Amortization of intangible assets
$3.1M
$2.9M
$3.2M
$3.1M
Restructuring expense
$4.9M
$4.6M
$1.3M
$1.5M
Total operating costs and expenses
$350.9M
$323.2M
$332.8M
$457.5M
Operating income
$53.8M
$51.8M
$92.4M
($93.0M)
Interest expense
($37.7M)
($38.3M)
($33.9M)
($31.6M)
Amortization of deferred financing fees
($1.5M)
($1.4M)
($1.3M)
($1.4M)
Other expense - net
($2.2M)
($400.0K)
($13.0M)
$5.8M
Total other expense
($41.4M)
($40.1M)
($48.2M)
($27.2M)
Income before income taxes
$12.4M
$11.7M
$44.2M
($120.2M)
Provision (benefit) for income taxes
$5.2M
($44.1M)
$5.0M
$3.4M
Net income
$7.2M
$55.8M
$39.2M
($123.6M)
Basic net income per common share
$0.20
$1.58
$1.12
-$3.51
Diluted net income per common share
$0.20
$1.56
$1.09
-$3.51
Manitowoc Co Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$594.9M
$494.6M
$553.4M
$539.5M
Cost of sales
$471.8M
$399.3M
$450.8M
$440.5M
Gross profit
$123.1M
$95.3M
$102.6M
$99.0M
Engineering, selling and administrative expenses
$90.4M
$90.6M
$83.4M
$87.4M
Amortization of intangible assets
$800.0K
$800.0K
$700.0K
$800.0K
Restructuring expense
$800.0K
$800.0K
$0
$1.0M
Total operating costs and expenses
$92.0M
$92.2M
$84.1M
$89.2M
Operating income
$31.1M
$3.1M
$18.5M
$9.8M
Interest expense
($9.2M)
($8.9M)
($9.8M)
($9.2M)
Amortization of deferred financing fees
($300.0K)
($400.0K)
($400.0K)
($300.0K)
Other income (expense) - net
($200.0K)
($3.1M)
($800.0K)
$1.0M
Total other expense
($9.7M)
($12.4M)
($11.0M)
($8.5M)
Income (loss) before income taxes
$21.4M
($9.3M)
$7.5M
$1.3M
Provision (benefit) for income taxes
$7.2M
($3.3M)
$2.5M
($200.0K)
Net income (loss)
$14.2M
($6.0M)
$5.0M
$1.5M
Basic net income (loss) per common share
$0.39
-$0.17
$0.14
$0.04
Diluted net income (loss) per common share
$0.39
-$0.17
$0.14
$0.04
Weighted average shares outstanding - basic
36.0M
35.7M
35.5M
35.5M
Weighted average shares outstanding - diluted
36.5M
35.7M
36.3M
35.8M
Balance sheet
Manitowoc Co Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$77.3M
$48.0M
$34.4M
$64.4M
Accounts receivable, less allowances of $5.8 and $5.9, respectively
$281.3M
$260.3M
$278.8M
$266.3M
Inventories - net
$683.9M
$609.4M
$666.5M
$611.9M
Other current assets
$54.1M
$41.2M
$46.6M
$45.3M
Total current assets
$1.1B
$958.9M
$1.0B
$998.5M
Property, plant and equipment - net
$343.0M
$346.2M
$366.1M
$335.3M
Operating lease right-of-use assets
$68.0M
$59.3M
$59.7M
$45.2M
Goodwill
$79.6M
$77.8M
$79.6M
$80.1M
Intangible assets - net
$125.1M
$118.5M
$125.6M
$126.7M
Other non-current assets
$105.9M
$99.3M
$42.7M
$29.7M
Total assets
$1.8B
$1.7B
$1.7B
$1.6B
Accounts payable and accrued expenses
$401.6M
$389.4M
$457.4M
$446.4M
Customer advances
$18.3M
$18.0M
$19.2M
$21.9M
Short-term borrowings and current portion of long-term debt
$13.7M
$13.1M
$13.4M
$6.1M
Product warranties
$36.2M
$37.0M
$47.1M
$48.8M
Other liabilities
$21.8M
$16.8M
$26.2M
$24.6M
Total current liabilities
$491.6M
$474.3M
$563.3M
$547.8M
Long-term debt
$447.1M
$377.1M
$358.7M
$379.5M
Operating lease liabilities
$53.6M
$47.0M
$47.2M
$34.3M
Deferred income taxes
$2.3M
$2.1M
$7.5M
$4.9M
Pension obligations
$45.3M
$47.1M
$55.8M
$51.7M
Postretirement health and other benefit obligations
$3.1M
$4.7M
$5.6M
$8.2M
Long-term deferred revenue
$18.8M
$17.5M
$24.1M
$15.6M
Other non-current liabilities
$61.2M
$50.1M
$41.2M
$35.7M
Total non-current liabilities
$631.4M
$545.6M
$540.1M
$529.9M
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding)
0
0
0
0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued,35,473,418 and 35,134,245 shares outstanding, respectively)
400.0K
400.0K
400.0K
400.0K
Additional paid-in capital
$616.7M
$615.1M
$613.1M
$606.7M
Accumulated other comprehensive loss
($65.3M)
($107.6M)
($86.4M)
($107.9M)
Retained earnings
$206.5M
$199.3M
$143.5M
$104.3M
Treasury stock, at cost (5,320,565 and 5,659,738 shares, respectively)
-63.1M
-67.1M
-67.3M
-65.7M
Total stockholders' equity
$695.2M
$640.1M
$603.3M
$537.8M
Total liabilities and stockholders' equity
$1.8B
$1.7B
$1.7B
$1.6B
Manitowoc Co Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$95.8M
$78.4M
$39.7M
$32.9M
Accounts receivable, less allowances of $6.0 and $5.8, respectively
$294.4M
$264.8M
$279.5M
$289.6M
Inventories - net
$785.3M
$744.1M
$817.5M
$782.5M
Other current assets
$41.9M
$45.4M
$45.1M
$57.7M
Total current assets
$1.2B
$1.1B
$1.2B
$1.2B
Property, plant and equipment - net
$331.3M
$334.9M
$346.4M
$353.1M
Operating lease right-of-use assets
$62.8M
$66.2M
$66.5M
$67.2M
Goodwill
$80.6M
$80.3M
$79.1M
$79.0M
Intangible assets - net
$121.5M
$123.1M
$125.9M
$127.1M
Other non-current assets
$107.9M
$105.7M
$100.9M
$94.7M
Total assets
$1.9B
$1.8B
$1.9B
$1.9B
Accounts payable and accrued expenses
$496.0M
$450.4M
$458.3M
$469.2M
Customer advances
$17.0M
$22.0M
$17.0M
$22.9M
Short-term borrowings and current portion of long-term debt
$8.9M
$10.8M
$20.5M
$10.7M
Product warranties
$33.2M
$35.4M
$36.3M
$38.5M
Other liabilities
$22.2M
$21.1M
$19.6M
$19.1M
Total current liabilities
$577.3M
$539.7M
$551.7M
$560.4M
Long-term debt
$460.6M
$436.6M
$479.9M
$459.8M
Operating lease liabilities
$48.9M
$51.9M
$53.1M
$54.1M
Deferred income taxes
$2.9M
$3.1M
$2.6M
$2.3M
Pension obligations
$42.7M
$44.2M
$49.1M
$50.2M
Postretirement health and other benefit obligations
$2.8M
$3.0M
$4.3M
$4.4M
Long-term deferred revenue
$22.0M
$19.1M
$17.7M
$15.7M
Other non-current liabilities
$63.2M
$59.4M
$59.5M
$55.6M
Total non-current liabilities
$643.1M
$617.3M
$666.2M
$642.1M
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding)
0
0
0
0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 36,061,969 and 35,473,418 shares outstanding, respectively)
400.0K
400.0K
400.0K
400.0K
Additional paid-in capital
$610.4M
$610.3M
$614.6M
$613.6M
Accumulated other comprehensive loss
($68.3M)
($67.4M)
($68.7M)
($64.0M)
Retained earnings
$214.7M
$200.5M
$199.5M
$194.5M
Treasury stock, at cost (4,732,014 and 5,320,565 shares, respectively)
-56.1M
-57.9M
-63.1M
-63.2M
Total stockholders' equity
$701.1M
$685.9M
$682.7M
$681.3M
Total liabilities and stockholders' equity
$1.9B
$1.8B
$1.9B
$1.9B
Cash flow statement
Manitowoc Co Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$7.2M
$55.8M
$39.2M
($123.6M)
Depreciation expense
$59.9M
$60.0M
$56.6M
$60.6M
Amortization of intangible assets
$3.1M
$2.9M
$3.2M
$3.1M
Stock-based compensation expense
$9.5M
$10.9M
$11.5M
$8.5M
Amortization of deferred financing fees
$1.5M
$1.4M
$1.3M
$1.4M
Loss on debt extinguishment
$0
$1.1M
—
—
Gain on sale of property, plant, and equipment
($600.0K)
$0
$0
($900.0K)
Deferred income tax benefit - net
($6.2M)
($55.6M)
($6.0M)
—
Accounts receivable
($9.1M)
$9.0M
($9.3M)
($36.4M)
Inventories
($11.6M)
$21.4M
($46.7M)
($42.0M)
Other assets
($17.6M)
$8.5M
($5.2M)
$5.8M
Accounts payable
$21.7M
($39.1M)
($28.5M)
$40.4M
Accrued expenses and other liabilities
($35.6M)
($27.1M)
$36.4M
($11.3M)
Net cash provided by operating activities
$22.2M
$49.2M
$63.0M
$76.9M
Capital expenditures
($37.5M)
($45.7M)
($77.4M)
($61.8M)
Proceeds from sale of fixed assets
$900.0K
$4.8M
$5.6M
$1.5M
Purchase of assets
($12.9M)
—
—
—
Other
$0
$0
$0
$900.0K
Net cash used for investing activities
($49.5M)
($40.4M)
($71.8M)
($58.0M)
Payments on revolving credit facility
($75.0M)
($20.0M)
($20.0M)
—
Proceeds from revolving credit facility
$134.7M
$40.7M
—
—
Payments on long-term debt
$0
($300.0M)
—
—
Proceeds from long-term debt
$0
($300.0M)
—
—
Payments on other debt
($14.7M)
—
—
—
Proceeds from other debt
$15.6M
$6.6M
$3.8M
($5.1M)
Debt issuance costs and other debt related costs
$0
($7.4M)
$0
($1.9M)
Exercise of stock options
$0
$0
$300.0K
$100.0K
Common stock repurchases
$0
($5.7M)
($5.5M)
($3.0M)
Other financing activities
($5.8M)
($7.5M)
—
—
Net cash provided by (used for) financing activities
$54.8M
$6.7M
($21.4M)
($29.9M)
Effect of exchange rate changes on cash and cash equivalents
$1.8M
($1.9M)
$200.0K
$0
Net increase (decrease) in cash and cash equivalents
$29.3M
$13.6M
($30.0M)
($11.0M)
Cash and cash equivalents at beginning of period
$48.0M
$34.4M
$64.4M
$75.4M
Cash and cash equivalents at end of period
$77.3M
$48.0M
$34.4M
$64.4M
Interest paid
$37.5M
$36.6M
$34.0M
$30.8M
Manitowoc Co Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$8.2M
($6.0M)
$200.0K
($4.8M)
Depreciation expense
$28.3M
$14.1M
$44.4M
$29.5M
Amortization of intangible assets
$1.6M
$800.0K
$2.3M
$1.6M
Stock-based compensation expense
$4.8M
$2.8M
$6.8M
$5.8M
Amortization of deferred financing fees
$700.0K
$400.0K
$1.1M
$700.0K
Gain on sale of property, plant and equipment
($800.0K)
($200.0K)
($200.0K)
$0
Accounts receivable
($15.0M)
$15.8M
($7.5M)
($17.2M)
Inventories
($108.7M)
($67.6M)
($148.4M)
($115.5M)
Other assets
$15.9M
$13.7M
($6.4M)
($12.4M)
Accounts payable
$84.3M
$48.9M
$79.2M
$91.6M
Accrued expenses and other liabilities
$16.1M
$4.7M
($40.4M)
($34.1M)
Net cash provided by (used for) operating activities
$35.4M
$27.4M
($68.9M)
($54.8M)
Capital expenditures
($22.3M)
($8.2M)
($24.7M)
($16.8M)
Proceeds from sale of property, plant, and equipment
$2.0M
$300.0K
$500.0K
$200.0K
Purchase of assets
$0
$0
($12.9M)
($12.9M)
Net cash used for investing activities
($20.3M)
($7.9M)
($37.1M)
($29.5M)
Payments on revolving credit facility
$0
($9.0M)
($15.0M)
($15.0M)
Proceeds from revolving credit facility
$16.0M
$0
$107.2M
$87.0M
Proceeds from other debt
($5.5M)
$0
$8.3M
($6.2M)
Other financing activities
($6.4M)
($5.2M)
($4.6M)
$1.2M
Net cash provided by financing activities
$4.1M
($17.5M)
$95.9M
$67.0M
Effect of exchange rate changes on cash and cash equivalents
($700.0K)
($900.0K)
$1.8M
$2.2M
Net increase (decrease) in cash and cash equivalents