JBT MAREL Corp 8-K

What Happened
JBT Marel Corporation announced on February 18, 2026 (Form 8-K) that its previously disclosed plan to realign reportable segments took effect for the fourth quarter of fiscal 2025. Following the January 2, 2025 acquisition of Marel hf., the company moved from two legacy segments (JBT and Marel) to two integrated reporting segments: Protein Solutions and Prepared Food and Beverage Solutions. The Chief Executive Officer is the chief operating decision maker, and the information used for resource allocation and performance evaluation was updated to reflect the new segment structure beginning in Q4 2025. The filing includes recast historical segment results (Exhibit 99.1) for the quarters ended March 31, June 30 and September 30, 2025 and the years ended December 31, 2024 and 2023.

Key Details

• Realignment effective: fourth quarter of fiscal 2025 (after Marel hf. acquisition closed Jan 2, 2025).
• New reportable segments: Protein Solutions; Prepared Food and Beverage Solutions.
• Recast results: Exhibit 99.1 provides historical segment results for Q1–Q3 2025 and years 2024 and 2023.
• No impact on consolidated totals: the change did not affect previously reported consolidated net revenue, net earnings, net earnings per share (EPS), or total assets.

Why It Matters
This change formalizes how management (the CEO as CODM) evaluates and allocates resources across the combined JBT and Marel operations, reflecting integration following the Marel acquisition. Investors should note that segment reporting and comparability of segment-level trends may improve going forward, and recast historical data are provided to help compare prior periods under the new structure. Importantly, the realignment did not alter consolidated financial results, and the segment information in the filing is furnished (not "filed") under SEC rules.