Form 8-K

8-K — HYSTER-YALE, INC.

Accession: 0001173514-26-000115

Filed: 2026-05-05

Period: 2026-05-05

CIK: 0001173514

SIC: 3537 (INDUSTRIAL TRUCKS TRACTORS TRAILERS & STACKERS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — hy-20260505.htm (Primary)

EX-99 (hydataschedule33126ex99.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: hy-20260505.htm · Sequence: 1

hy-20260505

0001173514false00011735142026-05-052026-05-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

_______________________________________________________________________________________________________________________________________________________________________________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 5, 2026

HYSTER-YALE, INC.

(Exact name of registrant as specified in its charter)

Delaware 000-54799 31-1637659

(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

5875 Landerbrook Drive, Suite 300

Cleveland (440)

OH 449-9600 44124-4069

(Address of principal executive offices) (Registrant's telephone number, including area code) (Zip code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Class A Common Stock, $0.01 par value per share HY New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition and

Item 7.01 Regulation FD Disclosure.

On May 5, 2026, Hyster-Yale, Inc. (the “Company”) will post on its website at www.hyster-yale.com additional historical quarterly financial data and update the schedules that were previously posted to the website for the first quarter 2026 results. A copy of the data is attached as Exhibit 99 to this Current Report on Form 8-K.

This Current Report on Form 8-K and the information attached hereto are being furnished by the Company pursuant to Item 2.02 of Form 8-K, insofar as they disclose historical information regarding the Company's results of operations.

The information in this Current Report on Form 8-K, including Exhibit 99, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

As described in Item 2.02 and 7.01 of this Current Report on Form 8-K, the following Exhibit is furnished as part of this Current Report on Form 8-K.

(d) Exhibits

Hyster-Yale, Inc. historical quarterly financial data, as posted on its website at www.hyster-yale.com on May 5, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 5, 2026 HYSTER-YALE, INC.

By: /s/ Dena R. McKee

Dena R. McKee

Title: Vice President, Controller and Chief Accounting Officer

EX-99

Filename: hydataschedule33126ex99.htm · Sequence: 2

Document

EXHIBIT 99

Hyster-Yale, Inc.

(in millions of $, except percentage data)

Revenues - Consolidated

Revenues - Consolidated - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 827.6 895.4 840.1 985.2 3,548.3 2022 13.0 % 17.0 % 12.3 % 18.7 % 15.4 %

2023 999.3 1,090.6 1,001.2 1,027.2 4,118.3 2023 20.7 % 21.8 % 19.2 % 4.3 % 16.1 %

2024 1,056.5 1,168.1 1,016.1 1,067.5 4,308.2 2024 5.7 % 7.1 % 1.5 % 3.9 % 4.6 %

2025 910.4 956.6 979.1 923.2 3,769.3 2025 -13.8 % -18.1 % -3.6 % -13.5 % -12.5 %

2026 795.2 2026 -12.7 %

Gross Profit Gross Profit %

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 101.2 99.1 86.9 146.7 433.9 2022 12.2 % 11.1 % 10.3 % 14.9 % 12.2 %

2023 174.4 197.9 203.6 209.7 785.6 2023 17.5 % 18.1 % 20.3 % 20.4 % 19.1 %

2024 235.7 259.3 192.9 207.6 895.5 2024 22.3 % 22.2 % 19.0 % 19.4 % 20.8 %

2025 177.7 168.2 155.9 131.0 632.8 2025 19.5 % 17.6 % 15.9 % 14.2 % 16.8 %

2026 124.8 2026 15.7 %

Operating Expenses (6)(7)

Operating Expenses as a % of Revenue (6)(7)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 119.5 114.8 111.8 126.9 473.0 2022 14.4 % 12.8 % 13.3 % 12.9 % 13.3 %

2023 131.8 139.1 145.0 161.0 576.9 2023 13.2 % 12.8 % 14.5 % 15.7 % 14.0 %

2024 151.9 163.7 159.8 175.3 650.7 2024 14.4 % 14.0 % 15.7 % 16.4 % 15.1 %

2025 156.4 176.7 153.6 168.2 654.9 2025 17.2 % 18.5 % 15.7 % 18.2 % 17.4 %

2026 152.8 2026 19.2 %

Restructuring & Impairment Charges (6)(7)(8)(9)(10)(11)(12)(13)

Q1 Q2 Q3 Q4 FY

2024 — — 1.2 21.4 22.6

2025 0.2 15.7 1.0 21.5 38.4

2026 1.6

Operating Profit (Loss) (6)

Operating Profit (Loss) % (6)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 (18.3) (15.7) (24.9) 19.8 (39.1) 2022 -2.2 % -1.8 % -3.0 % 2.0 % -1.1 %

2023 42.6 58.8 58.6 48.7 208.7 2023 4.3 % 5.4 % 5.9 % 4.7 % 5.1 %

2024 83.8 95.6 33.1 32.3 244.8 2024 7.9 % 8.2 % 3.3 % 3.0 % 5.7 %

2025 21.3 (8.5) 2.3 (37.2) (22.1) 2025 2.3 % -0.9 % 0.2 % -4.0 % -0.6 %

2026 (28.0) 2026 -3.5 %

Interest (Income) Expense

Q1 Q2 Q3 Q4 FY

2022 4.9 5.9 7.3 9.2 27.3

2023 9.6 7.8 8.9 8.4 34.7

2024 7.8 8.0 7.9 7.3 31.0

2025 7.0 7.1 7.4 7.0 28.5

2026 6.6

Income (Loss) Before Taxes

Effective Income Tax Rate (15)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 (21.3) (21.8) (32.4) 13.1 (62.4) 2022 -13.6 % 14.2% -13.0 % 39.7 % -14.7 %

2023 35.9 50.8 52.6 41.7 181.0 2023 24.2 % 23.6% 30.8 % 38.4 % 29.2 %

2024 76.9 90.0 28.1 24.0 219.0 2024 32.6 % 29.0% 36.7 % 55.4 % 34.2 %

2025 16.8 (13.2) (4.6) (41.9) (42.9) 2025 48.2 % n.m. n.m. -23.2 % -35.2 %

2026 (32.1) 2026 5.6 %

Hyster-Yale, Inc.

(in millions of $, except percentage data)

Net Income (Loss) Attributable to Stockholders

Q1 Q2 Q3 Q4 FY

2022 (25.0) (19.4) (37.3) 7.6 (74.1)

2023 26.6 38.3 35.8 25.2 125.9

2024 51.5 63.3 17.2 10.3 142.3

2025 8.6 (13.9) (2.3) (52.5) (60.1)

2026 (30.5)

Depreciation and Amortization Expense

Q1 Q2 Q3 Q4 FY

2022 11.1 11.0 10.9 10.4 43.4

2023 11.2 11.3 11.3 11.3 45.1

2024 11.7 12.4 11.7 11.8 47.6

2025 11.0 11.8 11.3 11.7 45.8

2026 11.3

Net Working Capital (1)

Net Working Capital as % of Revenue (2)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 704.7 751.9 686.2 715.7 715.7 2022 21.3 % 21.0 % 20.4 % 20.2 % 20.2 %

2023 763.0 809.0 777.8 783.0 783.0 2023 19.1 % 18.5 % 19.4 % 19.0 % 19.0 %

2024 789.6 855.9 863.9 787.2 787.2 2024 18.7 % 18.3 % 21.3 % 18.3 % 18.3 %

2025 804.7 814.3 784.9 722.7 722.7 2025 22.1 % 21.3 % 20.0 % 19.2 % 19.2 %

2026 706.1 2026 22.2 %

Capital Expenditures

Q1 Q2 Q3 Q4 FY

2022 9.7 5.6 4.4 9.1 28.8

2023 3.3 7.3 8.3 16.5 35.4

2024 7.5 12.2 10.2 17.9 47.8

2025 10.6 13.8 14.5 23.6 62.5

2026 9.8

Net Cash Provided By (Used For) Operating Activities

Q1 Q2 Q3 Q4 FY

2022 59.1 (58.9) 34.1 6.3 40.6

2023 9.0 35.8 60.3 45.6 150.7

2024 22.4 (2.5) 70.1 80.7 170.7

2025 (36.4) 28.9 37.1 56.5 86.1

2026 (32.9)

Net Cash Provided By (Used For) Investing Activities

Q1 Q2 Q3 Q4 FY

2022 (9.3) (13.6) (4.3) (8.2) (35.4)

2023 (5.0) (6.9) (7.9) (14.7) (34.5)

2024 (7.0) (11.7) (12.0) (16.9) (47.6)

2025 (10.3) (15.3) (14.2) (22.9) (62.7)

2026 (9.3)

Cash Flow Before Financing Activities (3)

Q1 Q2 Q3 Q4 FY

2021 (37.6) (62.3) (102.0) (76.1) (278.0)

2022 49.8 (72.5) 29.8 (1.9) 5.2

2023 4.0 28.9 52.4 30.9 116.2

2024 15.4 (14.2) 58.1 63.8 123.1

2025 (46.7) 13.6 22.9 33.6 23.4

2026 (42.2)

Hyster-Yale, Inc.

(in millions of $, except percentage data)

Net Cash Provided By (Used For) Financing Activities

Q1 Q2 Q3 Q4 FY

2022 (50.9) 84.4 (35.4) (9.0) (10.9)

2023 (2.5) (26.4) (40.2) (31.4) (100.5)

2024 (30.5) 19.1 (50.8) (37.9) (100.1)

2025 25.9 (26.2) (18.1) 17.6 (0.8)

2026 1.3

Dividends Paid to Stockholders

Q1 Q2 Q3 Q4 FY

2022 5.4 5.5 5.5 5.4 21.8

2023 5.6 5.5 5.6 5.6 22.3

2024 5.7 6.1 6.1 6.1 24.0

2025 6.2 7.7 6.3 6.5 26.7

2026 6.4

Total Debt

Debt to Total Capitalization (4)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 479.0 580.6 545.0 552.9 552.9 2022 57.7 % 72.2 % 80.1 % 71.1 % 71.1 %

2023 560.6 542.3 510.6 494.0 494.0 2023 67.3 % 63.9 % 61.4 % 54.8 % 54.8 %

2024 474.8 501.9 468.5 440.7 440.7 2024 52.5 % 51.0 % 46.0 % 47.1 % 47.1 %

2025 484.0 473.2 467.8 494.3 494.3 2025 47.8 % 46.5 % 46.4 % 50.9 % 50.9 %

2026 505.3 2026 52.8 %

Total Equity

Return on Equity (5)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 351.5 223.4 135.2 225.1 225.1 2022 -40.9 % -53.6 % -57.7 % -28.1 % -28.1 %

2023 272.3 306.2 320.6 406.8 406.8 2023 -9.3 % 15.1 % 43.0 % 41.1 % 41.1 %

2024 429.3 482.1 549.0 494.1 494.1 2024 43.5 % 45.2 % 35.9 % 30.1 % 30.1 %

2025 529.4 563.4 555.4 492.4 492.4 2025 20.0 % 30.2 % 35.9 % -11.4 % -11.4 %

2026 450.9 2026 -19.1 %

(1) Net working capital is equal to accounts receivable, net plus inventories, net less accounts payable.

(2) Net working capital as a percentage of revenue is equal to net working capital divided by annualized revenues for the quarter and the annual revenue at year end.

(3) Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.

(4) Debt to total capitalization is equal to total debt divided by total debt plus permanent equity.

(5) Return on equity is equal to the sum of the trailing 4 quarters net income divided by average equity calculated over the last 5 quarters.

(6) During the third quarter of 2024, JAPIC recognized $1.0 million and Americas recognized $0.2 million in restructuring & impairment charges.

(7) During the fourth quarter of 2024, the Company recognized $17.1 million ($6.8 million in the Americas, $2.7 million in EMEA and $7.6 million in JAPIC), Bolzoni recognized $4.3 million of restructuring & impairment charges.

(8) During the first quarter of 2025, the Company recognized $0.2 million ($0.7 million in the Americas, ($1.3 million) reversal in EMEA and $0.8 million in JAPIC) of restructuring charges.

(9) During the second quarter of 2025, the Company recognized restructuring and impairment charges of $15.7 million ($15.9 million in the Americas, $(0.3) million in EMEA and $0.1 million in JAPIC).

(10) During the third quarter of 2025, the Company recognized restructuring and impairment charges of $1.0 million in the Americas

(11) During the fourth quarter of 2025, the Company recognized $21.5 million ($11.2 million in the Americas, $6.1 million in EMEA and $1.0 million in JAPIC), Bolzoni recognized $3.2 million of restructuring & impairment charges.

(12) During the first quarter of 2026, the Company recognized $1.6 million of restructuring charges in the Americas.

(13) Restructuring and impairment charges are included in Gross Profit (Loss) and Operating Expenses as noted above.

(14) "n.m." - not meaningful

Hyster-Yale, Inc.

(in millions of $, except percentage data)

Non-GAAP Reconciliation of ROTCE

2019 2022 2023 2024 2025

2026 (4)

Average Stockholders' Equity (1)

527.8 241.9 288.9 454.4 507.6 498.6

Average Debt (1)

324.0 535.2 532.2 476.0 472.0 484.9

Average Cash (1)

(63.4) (66.8) (69.3) (75.9) (87.0) (84.0)

Average Capital Employed 788.4 710.3 751.8 854.5 892.6 899.5

Net Income (Loss) 35.8 (74.1) 125.9 142.3 (60.1) (99.2)

Plus: Interest Expense, Net 18.0 27.3 34.7 31.0 28.5 28.1

Plus: Restructuring and Impairment Charges 18.0 — — 22.6 38.4 39.8

Less: Income Taxes on Interest Expense, Net (2)

(4.7) (6.8) (8.7) (8.1) (10.0) (10.4)

Less: Income Taxes on Restructuring and Impairment Charges (2)

— — (5.9) (7.4) (7.3)

Actual Return on Capital Employed (3)

67.1 (53.6) 151.9 181.9 (10.6) (49.0)

Actual Return on Total Capital Employed Percentage (3)

8.5% (7.5)% 20.2% 21.3% (1.2)% (5.4)%

(1) Average stockholder's equity, debt and cash are calculated using the quarter ends and year ends of each respective year.

(2) Tax rate used is the Company's target U.S. marginal tax rate. Rates used were 26% for 2024, 2025 and 2026, 25% for 2022 and 2023.

(3) Return on total capital employed is provided solely as a supplemental disclosure with respect to income generation because management believes it provides useful information with respect to earnings in a form that is comparable to the Company's cost of capital employed, which includes both equity and debt securities, net of cash.

(4) LTM 3/31/26 average stockholders' equity, debt and cash are calculated using the quarters ending 3/31/25, 6/30/25, 9/30/25, 12/31/2025 and 3/31/2026.

Lift Truck Business

(in millions of $, except percentage data)

Revenues - Americas (8)

Revenues - Americas - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 558.3 596.9 571.4 680.1 2,406.7 2022 21.4 % 24.6 % 15.6 % 23.3 % 21.3 %

2023 686.3 788.5 717.5 708.3 2,900.6 2023 22.9 % 32.1 % 25.6 % 4.1 % 20.5 %

2024 770.2 881.7 771.4 800.6 3,223.9 2024 12.2 % 11.8 % 7.5 % 13.0 % 11.1 %

2025 698.9 707.5 732.7 676.8 2,815.9 2025 -9.3 % -19.8 % -5.0 % -15.5 % -12.7 %

2026 578.4 2026 -17.2 %

Revenues - EMEA Revenues - EMEA - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 169.7 184.8 159.4 190.3 704.2 2022 -0.6 % 5.5 % 3.9 % 5.9 % 3.7 %

2023 214.9 200.6 183.9 221.1 820.5 2023 26.6 % 8.5 % 15.4 % 16.2 % 16.5 %

2024 199.4 187.8 145.0 175.4 707.6 2024 -7.2 % -6.4 % -21.2 % -20.7 % -13.8 %

2025 118.2 148.3 150.1 153.3 569.9 2025 -40.7 % -21.0 % 3.5 % -12.6 % -19.5 %

2026 126.0 2026 6.6 %

Revenues - JAPIC Revenues - JAPIC - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 51.7 64.9 65.5 67.9 250.0 2022 -14.5 % -0.2 % 16.8 % 29.8 % 6.9 %

2023 47.9 49.6 51.6 52.0 201.1 2023 -7.4 % -23.6 % -21.2 % -23.4 % -19.6 %

2024 37.7 48.7 51.3 46.0 183.7 2024 -21.3 % -1.8 % -0.6 % -11.5 % -8.7 %

2025 47.3 48.4 46.5 41.3 183.5 2025 25.5 % -0.6 % -9.4 % -10.2 % -0.1 %

2026 35.3 2026 -25.4 %

Revenues - Lift Truck Business (8)

Revenues - Lift Truck Business - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 779.7 846.6 796.3 938.3 3,360.9 2022 12.9 % 17.7 % 13.1 % 19.7 % 16.0 %

2023 949.1 1,038.7 953.0 981.4 3,922.2 2023 21.7 % 22.7 % 19.7 % 4.6 % 16.7 %

2024 1,007.3 1,118.2 967.7 1,022.0 4,115.2 2024 6.1 % 7.7 % 1.5 % 4.1 % 4.9 %

2025 864.4 904.2 929.3 871.4 3,569.3 2025 -14.2 % -19.1 % -4.0 % -14.7 % -13.3 %

2026 739.7 2026 -14.4 %

Gross Profit - Lift Truck Business (8)

Gross Profit %

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 84.0 79.7 72.6 127.5 363.8 2022 10.8 % 9.4 % 9.1 % 13.6 % 10.8 %

2023 153.5 175.2 184.1 190.4 703.2 2023 16.2 % 16.9 % 19.3 % 19.4 % 17.9 %

2024 213.3 236.9 169.9 190.0 810.1 2024 21.2 % 21.2 % 17.6 % 18.6 % 19.7 %

2025 158.8 146.8 134.3 111.8 551.7 2025 18.4 % 16.2 % 14.5 % 12.8 % 15.5 %

2026 104.3 2026 14.1 %

Operating Expenses(1) (2) (8)

Operating Expenses as a % of revenues(1) (2)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 102.8 99.3 96.8 109.6 305.7 2022 — % 11.7 % 12.2 % 11.7 % 9.1 %

2023 115.5 121.9 128.4 144.2 510.0 2023 12.2 % 11.7 % 13.5 % 14.7 % 13.0 %

2024 133.4 145.3 142.7 153.0 574.4 2024 13.2 % 13.0 % 14.7 % 15.0 % 14.0 %

2025 138.5 157.7 134.3 145.3 575.8 2025 16.0 % 17.4 % 14.5 % 16.7 % 16.1 %

2026 132.2 2026 17.9 %

Lift Truck Business

(in millions of $, except percentage data)

Restructuring & Impairment Charges (1)(2)(3)(4)(5)(6)(7)(8)

Q1 Q2 Q3 Q4 FY

2024 — — 1.2 17.1 18.3

2025 0.2 15.7 1.0 18.3 35.2

2026 1.6

Operating Profit (Loss)(1) (2) (8)

Operating Profit (Loss) %(1) (2)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 (18.8) (19.6) (24.2) 17.9 (44.7) 2022 -2.4 % -2.3 % -3.0 % 1.9 % -1.3 %

2023 38.4 51.0 53.3 45.9 188.6 2023 4.0 % 4.9 % 5.6 % 4.7 % 4.8 %

2024 79.9 91.6 27.2 37.0 235.7 2024 7.9 % 8.2 % 2.8 % 3.6 % 5.7 %

2025 20.3 (10.9) — (33.5) (24.1) 2025 2.3 % -1.2 % — % -3.8 % -0.7 %

2026 (27.9) 2026 -3.8 %

(1) During the third quarter and fourth quarter of 2024, Lift Truck recognized restructuring & impairment charges of $1.0 million ($1.0 million in the JAPIC segment) and $16.8 million ($6.8 million in the Americas, $2.4 million in EMEA and $7.6 million in JAPIC), respectively.

(2) During the first quarter of 2025, Lift Truck recognized $0.2 million ($0.7 million in the Americas, ($1.3 million) reversal in EMEA and $0.8 million in JAPIC) of restructuring charges.

(3) During the second quarter of 2025, the Company recognized restructuring and impairment charges of $15.7 million ($15.9 million in the Americas, $(0.3) million in EMEA and $0.1 million in JAPIC).

(4) During the third quarter of 2025, the Company recognized restructuring and impairment charges of $1.0 million in the Americas.

(5) During the fourth quarter of 2025, the Company recognized restructuring and impairment charges of $18.3 million ($11.2 million in the Americas, $6.1 million in EMEA and $1.0 million in JAPIC).

(6) During the first quarter of 2026, the Company recognized $1.6 million of restructuring charges in the Americas.

(7) Restructuring and impairment charges are included in Operating Expenses as noted above.

(8) The historical and current results of the former Nuvera segment are now presented within the Americas operating segment.

Bolzoni

(in millions of $, except percentage data)

Revenues Revenues - Bolzoni - % change yr. over yr.

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 95.1 86.4 82.2 92.0 355.7 2022 19.6 % 1.9 % -8.7 % -1.6 % 2.3 %

2023 98.6 96.6 92.8 87.3 375.3 2023 3.7 % 11.8 % 12.9 % -5.1 % 5.5 %

2024 96.2 102.4 97.6 82.9 379.1 2024 -2.4 % 6.0 % 5.2 % -5.0 % 1.0 %

2025 80.3 90.6 87.0 75.2 333.1 2025 -16.5 % -11.5 % -10.9 % -9.3 % -12.1 %

2026 82.9 2026 3.2 %

Gross Profit (Loss) Gross Profit %

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 18.8 18.9 13.7 19.3 70.7 2022 19.8 % 21.9 % 16.7 % 21.0 % 19.9 %

2023 20.7 22.6 19.5 19.4 82.2 2023 21.0 % 23.4 % 21.0 % 22.2 % 21.9 %

2024 21.8 22.4 23.3 17.9 85.4 2024 22.7 % 21.9 % 23.9 % 21.6 % 22.5 %

2025 18.5 21.4 21.4 18.1 79.4 2025 23.0 % 23.6 % 24.6 % 24.1 % 23.8 %

2026 20.5 2026 24.7 %

Operating Expenses (1) (2)

Operating Expenses as a % of revenues(1) (2)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 16.7 15.5 15.0 17.3 64.5 2022 17.6 % 17.9 % 18.2 % 18.8 % 18.1 %

2023 16.3 17.2 16.6 16.8 66.9 2023 16.5 % 17.8 % 17.9 % 19.2 % 17.8 %

2024 18.5 18.4 17.1 22.3 76.3 2024 19.2 % 18.0 % 17.5 % 26.9 % 20.1 %

2025 17.9 19.0 19.3 22.9 79.1 2025 22.3 % 21.0 % 22.2 % 30.5 % 23.7 %

2026 20.6 2026 24.8 %

Restructuring & Impairment Charges (1) (2) (3)

Q1 Q2 Q3 Q4 FY

2024 — — — 4.3 4.3

2025 — — — 3.2 3.2

Operating Profit (Loss) (1) (2)

Operating Profit (Loss) %(1) (2)

Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

2022 2.1 3.4 (1.3) 2.0 6.2 2022 2.2 % 3.9 % -1.6 % 2.2 % 1.7 %

2023 4.4 5.4 2.9 2.6 15.3 2023 4.5 % 5.6 % 3.1 % 3.0 % 4.1 %

2024 3.3 4.0 6.2 (4.4) 9.1 2024 3.4 % 3.9 % 6.4 % -5.3 % 2.4 %

2025 0.6 2.4 2.1 (4.8) 0.3 2025 0.7 % 2.6 % 2.4 % -6.4 % 0.1 %

2026 (0.1) 2026 -0.1 %

(1) During the fourth quarter of 2024, Bolzoni recognized a $4.3 million restructuring & impairment charge.

(2) During the fourth quarter of 2025, Bolzoni recognized a $3.2 million restructuring & impairment charge.

(3) Restructuring and impairment charges are included in Operating Expenses as noted above.

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Cover Page Document

May 05, 2026

Document Information [Line Items]

Entity Registrant Name

HYSTER-YALE, INC.

Entity Address, State or Province

Entity File Number

000-54799

Entity Address, Address Line One

5875 Landerbrook Drive, Suite 300

Written Communications

false

City Area Code

(440)

Soliciting Material

false

Entity Address, Postal Zip Code

44124-4069

Local Phone Number

449-9600

Entity Address, City or Town

Cleveland

Entity Tax Identification Number

31-1637659

Entity Incorporation, State or Country Code

Document Period End Date

May 05, 2026

Document Type

8-K

Title of 12(b) Security

Class A Common Stock, $0.01 par value per share

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Trading Symbol

Amendment Flag

false

Security Exchange Name

NYSE

Entity Central Index Key

0001173514

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:

dei_DocumentInformationLineItems

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration