--- 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 | |-------|-------------|-----| | 揭示潛力：Herc 控股的業績預覽 | Herc Hldgs (NYSE:HRI) 將於 2026 年 2 月 17 日發佈季度財報，分析師預計每股收益（EPS）為 1.86 美元。該公司此前超出 EPS 預期，導致股價上漲 2.19%。目前，股價為 174.69 美元，過去一年 | [Link](https://longbridge.com/en/news/276068894.md) | | Herc 控股｜8-K：2025 財年 Q4 營收 12.09 億美元不及預期 | | [Link](https://longbridge.com/en/news/276117429.md) | | 分析師們對 Herc 控股股票的評價 | 最近，8 位分析師對 Herc Holdings（紐約證券交易所代碼：HRI）進行了評估，顯示出混合的看漲和看跌情緒。12 個月的平均目標價為 185.25 美元，較 172.86 美元有所上升，最高為 200.00 美元，最低為 165. | [Link](https://longbridge.com/en/news/276262694.md) | | Herc (HRI) 將於明天公佈財報：有哪些值得期待的內容 | Herc Holdings (HRI) 將於明天公佈財報，分析師預計其收入將同比增長 32.2%，達到 12.6 億美元，調整後的每股收益為 1.87 美元。儘管上個季度超出了收入預期，但 Herc 在過去兩年中兩次未能達到華爾街的預期。專 | [Link](https://longbridge.com/en/news/276027584.md) | | Herc 控股的第四季度收入未達到預期 | Herc 控股報告第四季度收入增長 27%，但未達到分析師預期。第四季度的調整後每股收益超出預期。該公司正在成功整合其最大的收購，預計將增強其戰略和財務價值。對於 2026 年，Herc 預計設備租賃收入將在 42.75 億美元至 44 億 | [Link](https://longbridge.com/en/news/276117851.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.