JBT Marel Corp 2026年季度报告

Quarterly Report Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934 JBT Marel Corporation(Exact name of registrant as specified in its charter) (312) 861-5900(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements forthe past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. Outstanding at April 28, 2026 Common Stock, par value $0.01 per share JBT MAREL CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF INCOME(Unaudited) JBT MAREL CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) Three Months EndedMarch 31,(In millions)20262025Net income (loss)$45$(173)Other comprehensive (loss) income, net of taxesForeign currency translation adjustments(17)154Pension and other postretirement benefits adjustments—112Derivatives designated as hedges(2)(20)Other comprehensive (loss) income(19)246Comprehensive income$26$73 JBT MAREL CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) (In millions, except for share data and number of shares)March 31, 2026December 31, 2025Assets:Current Assets:Cash and cash equivalents$211$168Restricted cash1919Trade receivables, net of allowances438443Contract assets142119Inventories667644Other current assets198190Total current assets1,6751,583Property, plant and equipment, net of accumulated depreciation of $403 and $392,respectively779793Goodwill3,3933,428Intangible assets, net2,0522,122Other assets264265Total Assets$8,163$8,191 JBT MAREL CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) JBT MAREL CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION Description of Business JBT Marel Corporation and its majority-owned consolidated subsidiaries (the “Company,” “JBT Marel,” “our,” “us,” or “we”) provide globaltechnology solutions to high-value segments of the food and beverage industry. The Company designs, produces and services sophisticatedproducts and systems for multi-national and regional customers. The Company has manufacturing operations worldwide that are strategicallylocated to facilitate delivery of its products and services to its customers. Basis of Presentation In accordance with Securities and Exchange Commission (“SEC”) rules for interim periods, the accompanying unaudited condensedconsolidated financial statements (the “interim financial statements”) do not include all of the information and notes for complete financialstatements as required by accounting principles generally accepted in the United States of America (“U.S. GAAP”). As such, the accompanyinginterim financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December31,2025, which provides a more complete description of the Company’s accounting policies, financial position, operating results, business,properties, and other matters. The year-end Condensed Consolidated Balance Sheet was derived from audited financial statements, but does notinclude all annual disclosures required by U.S. GAAP. Certain prior‑period amounts for the three months ended March 31, 2025 have beenreclassified to conform to the presentation adopted for the three months ended March 31, 2026. These reclassifications had no impact onpreviously reported results of operations or financial position. In the opinion of management, the interim financial statements reflect all normal recurring adjustments necessary for a fair statement of theCompany's financ