Revenue: As of FY2025 Q3, the actual value is USD 482.06 M, missing the estimate of USD 492.42 M.EPS: As of FY2025 Q3, the actual value is USD -0.03, missing the estimate of USD -0.0241.EBIT: As of FY2025 Q3, the actual value is USD 33.5 M.<h3>Financial Data and Outlook Summary</h3><h4>Segment Revenue</h4><ul><li>Equipment Rental Solutions (ERS): Revenue details not provided in the reference.</li><li>Truck and Equipment Sales (TES): Revenue details not provided in the reference.</li><li>Aftermarket Parts and Services (APS): Revenue details not provided in the reference.</li></ul><h4>Operational Metrics</h4><ul><li>Net Income: Not specified in the reference.</li><li>Gross Margin: Not specified in the reference.</li><li>Operating Profit: Not specified in the reference.</li><li>Operating Margin: Not specified in the reference.</li><li>Operating Costs: Not specified in the reference.</li></ul><h4>Cash Flow</h4><ul><li>Operating Cash Flow: Not specified in the reference.</li><li>Free Cash Flow: Not specified in the reference.</li></ul><h4>Unique Metrics</h4><ul><li>Company-Specific Financial Indicators: Not specified in the reference.</li></ul><h4>Outlook / Guidance</h4><ul><li>Outlook / Guidance: Not specified in the reference.</li></ul><h3>Equipment Rental Solutions (ERS) Segment</h3><ul><li>Rental Revenue: $123.9 million for Q3 2025, up from $105.3 million in Q3 2024.</li><li>Total Revenue: $169.1 million for Q3 2025, up from $150.9 million in Q3 2024.</li><li>Gross Profit: $50.3 million for Q3 2025, up from $42.5 million in Q3 2024.</li><li>Adjusted Gross Profit: $104.3 million for Q3 2025, up from $87.5 million in Q3 2024.</li><li>Cost of Rental Revenue: $30.4 million for Q3 2025, up from $29.4 million in Q3 2024.</li><li>Depreciation of Rental Equipment: $54.1 million for Q3 2025, up from $45.0 million in Q3 2024.</li></ul><h3>Truck and Equipment Sales (TES) Segment</h3><ul><li>Equipment Sales: $275.4 million for Q3 2025, up from $259.9 million in Q3 2024.</li><li>Total Revenue: $275.4 million for Q3 2025, up from $259.9 million in Q3 2024.</li><li>Gross Profit: $41.4 million for Q3 2025, down from $41.9 million in Q3 2024.</li><li>Cost of Equipment Sales: $234.0 million for Q3 2025, up from $218.0 million in Q3 2024.</li></ul><h3>Aftermarket Parts and Services (APS) Segment</h3><ul><li>Rental Revenue: $3.2 million for Q3 2025, up from $3.0 million in Q3 2024.</li><li>Parts and Services Revenue: $34.3 million for Q3 2025, up from $33.4 million in Q3 2024.</li><li>Total Revenue: $37.5 million for Q3 2025, up from $36.4 million in Q3 2024.</li><li>Gross Profit: $9.1 million for Q3 2025, up from $7.4 million in Q3 2024.</li><li>Cost of Revenue: $28.4 million for Q3 2025, down from $29.0 million in Q3 2024.</li></ul><h3>Consolidated Financial Metrics</h3><ul><li>Total Revenue: $482.1 million for Q3 2025, up from $447.2 million in Q3 2024.</li><li>Gross Profit: $100.8 million for Q3 2025, up from $91.8 million in Q3 2024.</li><li>Adjusted Gross Profit: $155.5 million for Q3 2025, up from $137.8 million in Q3 2024.</li><li>Net Loss: -$5.8 million for Q3 2025, improved from -$17.4 million in Q3 2024.</li><li>Adjusted EBITDA: $96.0 million for Q3 2025, up from $80.2 million in Q3 2024.</li><li>Operating Income: $32.6 million for Q3 2025, up from $23.0 million in Q3 2024.</li><li>Operating Expenses: $68.1 million for Q3 2025, down from $68.8 million in Q3 2024.</li><li>Interest Expense: $26.5 million for Q3 2025, down from $27.2 million in Q3 2024.</li><li>Cash and Cash Equivalents: $13.1 million as of September 30, 2025, up from $3.8 million as of December 31, 2024.</li><li>Total Debt Outstanding: $1,666.4 million as of September 30, 2025.</li><li>Net Debt: $1,653.3 million as of September 30, 2025.</li><li>Net Leverage Ratio: 4.53x as of September 30, 2025.</li><li>Operating Cash Flow: $262.8 million for the nine months ended September 30, 2025, up from $39.9 million for the same period in 2024.</li><li>Free Cash Flow: -$233.8 million for the nine months ended September 30, 2025, down from -$164.9 million for the same period in 2024.</li></ul><h3>Outlook / Guidance</h3><ul><li>2025 Consolidated Revenue Guidance: $1,970 million to $2,060 million.</li><li>2025 Adjusted EBITDA Guidance: $370 million to $390 million.</li><li>ERS Segment Revenue Guidance: $660 million to $690 million.</li><li>TES Segment Revenue Guidance: $1,160 million to $1,210 million.</li><li>APS Segment Revenue Guidance: $150 million to $160 million.</li><li>The company expects to invest up to an additional net $50 million in its rental fleet this year, resulting in at least high-single digit fleet growth (based on net OEC) this year. The company also expects to reduce its inventory by $125 million to $150 million compared to the level at the end of last year.</li></ul>

Custom Truck One Source | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 482.06 M