Quarterly ResultMay 13, 2026, 04:37 PM
EquipmentShare Q1 Revenue $989M, Adjusted Core EBITDA $399M; Raises 2026 Guidance
AI Summary
EquipmentShare.com Inc reported strong first-quarter 2026 financial results, with total revenue increasing 38% year-over-year to $989 million and Rental Segment revenue growing 37% to $764 million. The company also significantly reduced its net loss to $29 million and adjusted net loss to $12 million. Following this performance, EquipmentShare raised its full-year 2026 guidance for total revenue, Rental Segment revenue, and Adjusted Core EBITDA, reflecting strong customer demand and operational expansion.
Key Highlights
- Total revenue for Q1 2026 increased 38% year-over-year to $989 million.
- Rental Segment revenue grew 37% year-over-year to $764 million in Q1 2026.
- Net loss for Q1 2026 decreased to $29 million from $48 million in Q1 2025.
- Adjusted Core EBITDA rose 38% to $399 million for Q1 2026.
- Company opened 22 new operational locations in Q1, reaching 407 total.
- Raised full-year 2026 total revenue guidance to $5.15 billion - $5.58 billion.
- Raised full-year 2026 Adjusted Core EBITDA guidance to $1.88 billion - $2.00 billion.
- Net leverage decreased to 2.8x as of March 31, 2026, from 3.2x.
Price Impact
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