Quarterly ResultAug 12, 2026, 04:52 PM
EquipmentShare Q2 Revenue $1.45B, Rental Rev +39%; Net Income $19M
AI Summary
EquipmentShare.com Inc reported strong financial results for the second quarter ended June 30, 2026. Total revenue increased 26% year-over-year to $1,449 million, driven by a 39% surge in Rental Segment revenue to $908 million. Net income grew 19% to $19 million, while Adjusted Net Income saw a significant 169% increase to $43 million. The company also expanded its footprint by opening 23 new operational locations during the quarter, and provided a positive outlook for 2026 with projected total revenue between $5,254 million and $5,682 million.
Key Highlights
- Total revenue reached $1,449 million for Q2 2026, a 26% increase year-over-year.
- Rental Segment revenue grew 39% year-over-year to $908 million in Q2 2026.
- Net income for Q2 2026 was $19 million, up 19% from the prior year.
- Adjusted Net Income for Q2 2026 increased 169% year-over-year to $43 million.
- Adjusted Core EBITDA rose 34% year-over-year to $531 million for Q2 2026.
- The company opened 23 new operational locations during the second quarter.
- Total available liquidity stood at $1,424 million as of June 30, 2026.
- Net leverage decreased to 3.0x as of June 30, 2026, from 3.4x a year prior.
Price Impact
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