| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 666.00 | 100.6% | 12.3% |
| Total Income | 666.00 | 100.6% | 12.3% |
| Expenditure | 572.00 | 72.8% | 8.1% |
| PBT | 33.00 | 154.1% | 1000.0% |
| Net Profit | 19.00 | 165.5% | 18.8% |
| OPM | 14.11% | 13.81pp | 3.32pp |
| NPM | 2.85% | 11.59pp | 0.16pp |
| EPS | — |
EquipmentShare Raises 2026 Financial Outlook and Authorizes $500 Million Share Repurchase Program
10 Jul 2026 · 10 Jul, 3:37 pm
Summary
EquipmentShare.com Inc. has raised its full-year 2026 financial outlook, driven by strong customer demand, sustained fleet utilization, and disciplined execution. The company also announced a new share repurchase program authorizing up to $500 million in stock repurchases. The updated guidance shows an increase in the midpoint for Total Revenue to $5,468 million and for Adjusted Core EBITDA to $2,002 million. Management expressed confidence in the company's long-term outlook and disciplined capital allocation strategy.
Key Highlights
- 1
EquipmentShare has raised its full-year 2026 financial expectations, supported by strong momentum heading into the second half of the fiscal year.
- 2
The company has authorized a new share repurchase program allowing for the purchase of up to an aggregate of $500 million of its Class A common stock.
- 3
The midpoint of the full-year 2026 Total Revenue guidance has been increased to $5,468 million from $5,361 million.
- 4
The midpoint of the full-year 2026 Adjusted Core EBITDA guidance has been raised to $2,002 million from $1,939 million.
- 5
The company anticipates the total number of mature rental site locations within its Rental Segment to be 264 sites by the end of 2026, up from 186 for the year ended December 31, 2025.
Management Comments
Jabbok Schlacks
Our customers continue to choose EquipmentShare because our technology-enabled rental platform helps them work more productively and more efficiently. That demand is translating into stronger-than-expected financial performance across our business during the second quarter, giving us the confidence to raise our full-year outlook. We are executing our strategy, continuing to take market share, expanding margins driven primarily by maturing rental locations and generating leading returns on invested capital. The share repurchase authorization reflects our disciplined approach to capital allocation and our confidence in EquipmentShare’s long-term outlook. This authorization provides us with the flexibility to repurchase shares opportunistically over time as market conditions warrant. We remain committed to maintaining our leverage and liquidity targets while continuing to invest in the fleet, technology, and strategic initiatives that support our long-term objective of reaching 700 rental locations and $20 billion of OEC under management by 2030. With approximately $2.6 billion of expected liquidity at the end of the second quarter, we believe we have ample financial flexibility to execute our long-term plan.
Informational and educational content only. Not investment advice.