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EquipmentShare — Third Quarter 2026 Earnings Summary

  • Total revenue surged 55% year-over-year to $1,468 million, driven by a 49% increase in Rental Segment revenue and a 76% jump in Equipment Sales, while Adjusted Net Income rose to $46 million from $6 million.
  • Management expressed confidence in outperforming full-year 2026 guidance, citing strong fleet absorption and network maturation, with Adjusted Core EBITDA expanding 40% year-over-year to $594 million.
  • The company opened 18 operational locations in the quarter, bringing the total to 448, and expects to reach over 260 mature rental sites by year-end, supported by a fully focused organic growth model.
  • Net leverage decreased to 3.4x from 3.7x, and total available liquidity stood at $2,298 million, including $1,939 million in undrawn credit facility availability.
Company
EQUIPMENTSHARECOM INC
Sector
Industrials
Industry
Rental & Leasing Services