Quarterly ResultAug 12, 2026, 04:22 PM
EquipmentShare Q2 Revenue $1.45B; Rental Segment Revenue +39%
AI Summary
EquipmentShare.com Inc reported strong financial results for the second quarter ended June 30, 2026, with total revenue reaching $1,449 million. The Rental Segment was a key driver, growing 39% year-over-year to $908 million, supported by robust customer demand and market share gains. Net income stood at $19 million, while Adjusted Core EBITDA increased 34% to $531 million. The company also expanded its footprint by opening 23 new locations and improved its net leverage ratio to 3.0x. Management expressed confidence in the outlook, citing healthy customer demand and an expanding mega-project pipeline.
Key Highlights
- Total revenue reached $1,449 million for Q2 2026, and $4,952 million on a TTM basis.
- Rental Segment revenue increased 39% year-over-year to $908 million in Q2 2026.
- Net income for the second quarter was $19 million, with Adjusted Net Income at $43 million.
- Adjusted Core EBITDA for Q2 2026 was $531 million, up 34% year-over-year.
- The company opened 23 new operational locations during the second quarter.
- Net leverage decreased to 3.0x as of June 30, 2026, from 3.4x a year prior.
- Full-year 2026 total revenue guidance is set between $5,254 million and $5,682 million.
Price Impact
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