---
title: "Herc | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 1.002 B"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250569265.md"
published_at: "2025-07-29T10:35:00.000Z"
---

# Herc | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 1.002 B

Revenue: As of FY2025 Q2, the actual value is USD 1.002 B, beating the estimate of USD 981.8 M.

EPS: As of FY2025 Q2, the actual value is USD -1.17, missing the estimate of USD 1.71.

### Equipment Rental Segment

-   **Revenue**: Equipment rental revenue increased by $105 million, or 14%, during the second quarter of 2025 compared to the same period in 2024, reflecting an increase in average OEC on rent, including impacts from acquisitions.
-   **Sales of Rental Equipment**: Sales increased by $41 million, or 63%, during the second quarter of 2025 compared to the second quarter of 2024, with a margin decrease from 31% to 19% due to normalization of used equipment pricing.
-   **Direct Operating Expenses**: Increased by $53 million, or 16%, in the second quarter of 2025 compared to the same period in 2024, primarily due to lower fixed cost absorption and acquisition impacts.
-   **Depreciation**: Depreciation of rental equipment increased by $30 million, or 18%, during the second quarter of 2025 compared to the second quarter of 2024, due to increased fleet size from acquisitions.
-   **Net Income**: The company reported a net loss of $35 million for the second quarter of 2025, compared to a net income of $70 million in the same period of 2024.

### Cash Flow

-   **Operating Cash Flow**: Generated $412 million in operating cash flow during the six months ended June 30, 2025, a decrease of $146 million compared to the same period in 2024.
-   **Investing Activities**: Cash used in investing activities increased by $3,860 million during the six months ended June 30, 2025, primarily due to acquisition expenditures related to the H&E acquisition.
-   **Financing Activities**: Financing cash flows increased by $3,977 million during the six months ended June 30, 2025, primarily due to new debt issuance to fund the H&E acquisition.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to leverage the complementary footprint and fleet mix of Herc and H&E to realize significant benefits and synergies, although the integration process may be complex and disruptive.
-   **Non-Core Business**: The company is assessing the potential impacts of the One Big Beautiful Bill Act on its financial position, results of operations, and cash flows.

### Additional Notes

-   **Interest Expense**: Increased by $23 million, or 37%, during the second quarter of 2025 compared to the same period in 2024, due to increased borrowings to fund the H&E acquisition.
-   **Loss on Assets Held for Sale**: Recorded a $49 million loss during the second quarter of 2025 to adjust the carrying value of Cinelease net assets to fair value less estimated costs to sell.

### Related Stocks

- [HRI.US - Herc](https://longbridge.com/en/quote/HRI.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
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| What Analysts Are Saying About Herc Holdings Stock | 8 analysts have evaluated Herc Holdings (NYSE:HRI) recently, showing mixed bullish and bearish sentiments. The average 1 | [Link](https://longbridge.com/en/news/276262694.md) |
| Herc (HRI) Reports Earnings Tomorrow: What To Expect | Herc Holdings (HRI) will report earnings tomorrow, with analysts expecting a 32.2% year-on-year revenue growth to $1.26  | [Link](https://longbridge.com/en/news/276027584.md) |
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| Herc Holdings Reports Full Year 2025 Results and Announces 2026 Full Year Guidance \| HRI Stock News | Herc Holdings Inc. reported its financial results for Q4 and full year 2025, highlighting a 27% increase in total revenu | [Link](https://longbridge.com/en/news/276117981.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
