Short answer
JBT MAREL Corp (JBTM) filed an 8-K current report with the SEC on May 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results released May 4, 2026, covering the quarter ended March 31, 2026.
JBT MAREL Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results released May 4, 2026, covering the quarter ended March 31, 2026
- Financial details and management commentary contained in Exhibit 99.1
- Results furnished under Regulation FD, not deemed filed under Exchange Act Section 18
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $936M, up 10%, with orders $1.07B and 1.14x book-to-bill signaling strong demand and backlog growth to $1.49B
- Adjusted EBITDA $142M, margin 15.2%, versus 13.1% prior year; GAAP EPS $0.86 versus $(3.35)
- Protein Solutions led improvement: revenue up 22% to $460M and EBITDA margin 21.7%, while Prepared Food margin fell to 14.7%
- Free cash flow $100M supported deleveraging; net debt-to-EBITDA improved to 2.6x from 2.9x at 2025 year-end
- Full-year guidance reaffirmed: revenue $3,990-$4,065M, adjusted EPS $8.00-$8.50, and adjusted EBITDA margin 17.0%-17.5%
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