Quarterly ResultAug 6, 2026, 05:14 PM
WillScot Q2 Revenue Up, Net Income & EPS Decline
AI Summary
WillScot Holdings Corp reported a slight increase in total revenues for the second quarter of 2026, reaching $612.15 million, up from $589.08 million in the prior year. However, net income for the quarter decreased to $46.97 million from $47.94 million, with basic earnings per share remaining flat at $0.26. Operating income also saw a decline, and the company incurred significantly higher restructuring costs related to its Network Optimization Plan. Net cash provided by operating activities for the first six months of 2026 decreased to $353.32 million compared to $411.94 million in the same period last year. The company continued its dividend program and stock repurchase activities.
Key Highlights
- Q2 2026 total revenues increased to $612.15 million from $589.08 million in Q2 2025.
- Q2 2026 net income decreased to $46.97 million from $47.94 million in Q2 2025.
- Basic EPS for Q2 2026 remained flat at $0.26 compared to Q2 2025.
- Operating income for Q2 2026 decreased to $117.49 million from $126.90 million in Q2 2025.
- Restructuring costs for H1 2026 surged to $16.70 million from $0.39 million in H1 2025.
- Net cash from operations for H1 2026 was $353.32 million, down from $411.94 million in H1 2025.
- Repurchased $7.3 million of common stock in H1 2026; $717.1 million remains authorized.
- Declared quarterly dividends of $0.07 per share for Q1 and Q2 2026.
Price Impact
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