--- title: "EquipmentShare.com | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.449 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/295713491.md" datetime: "2026-08-12T21:39:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295713491.md) - [en](https://longbridge.com/en/news/295713491.md) - [zh-HK](https://longbridge.com/zh-HK/news/295713491.md) generator: "portal-rs" --- # EquipmentShare.com | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.449 B Revenue: As of FY2026 Q2, the actual value is USD 1.449 B, beating the estimate of USD 1.144 B. EPS: As of FY2026 Q2, the actual value is USD 0.06. EBIT: As of FY2026 Q2, the actual value is USD 107 M. ### Revenue - **Total Revenue**: For Q2 2026, total revenue was $1,449 million, an increase of 26% year-over-year from $1,147 million in Q2 2025. On a TTM basis, total revenue was $4,952 million, up 18% from $4,195 million in the TTM ended June 30, 2025. - **Equipment Rental and Services Operations Revenue**: This segment reported $908 million in Q2 2026, a 39% increase year-over-year from $651 million in Q2 2025. On a TTM basis, it reached $3,189 million, a 37% increase from $2,327 million in the TTM ended June 30, 2025. - **Equipment Sales Revenue**: Increased by 1% year-over-year to $483 million in Q2 2026 from $478 million in Q2 2025. On a TTM basis, it decreased by -13% to $1,578 million from $1,804 million in the TTM ended June 30, 2025. - **All Other Revenue**: Saw a significant increase of 222% year-over-year to $58 million in Q2 2026 from $18 million in Q2 2025. On a TTM basis, it grew by 189% to $185 million from $64 million in the TTM ended June 30, 2025. ### Profitability - **Net Income**: EquipmentShare.com Inc. reported net income of $19 million for Q2 2026, a 19% increase from $16 million in Q2 2025. On a TTM basis, net income was $62 million, an increase of 182% from $22 million in the TTM ended June 30, 2025. - **Adjusted Net Income**: For Q2 2026, Adjusted Net Income was $43 million, a 169% increase from $16 million in Q2 2025. On a TTM basis, it was $103 million, up 368% from $22 million in the TTM ended June 30, 2025. - **Adjusted Core EBITDA**: Reached $531 million for Q2 2026, a 34% increase from $395 million in Q2 2025. On a TTM basis, it was $1,911 million, also a 34% increase from $1,430 million in the TTM ended June 30, 2025. - **Gross Profit**: For the six months ended June 30, 2026, gross profit was $697 million, compared to $492 million for the six months ended June 30, 2025. - **Operating Income**: For the six months ended June 30, 2026, operating income was $94 million, compared to $53 million for the six months ended June 30, 2025. - **Equipment Rental and Services Operations Adjusted EBITDA Margin**: Was 42.8% in Q2 2026, up from 42.2% in Q2 2025. On a TTM basis, the margin was 42.9%, up from 40.6% in the TTM ended June 30, 2025. - **Equipment Sales Adjusted EBITDA Margin**: Was 17.0% in Q2 2026, up from 12.6% in Q2 2025. On a TTM basis, the margin was 18.8%, up from 14.2% in the TTM ended June 30, 2025. ### Cash Flow and Liquidity - **Net Cash Used in Operating Activities**: For the six months ended June 30, 2026, net cash used was -$142 million, compared to -$127 million for the same period in 2025. - **Net Cash Used in Investing Activities**: For the six months ended June 30, 2026, net cash used was -$730 million, compared to -$450 million for the same period in 2025. - **Net Cash Provided by Financing Activities**: For the six months ended June 30, 2026, net cash provided was $1,009 million, compared to $531 million for the same period in 2025. - **Net Rental Equipment Capex**: For Q2 2026, net rental equipment capex was $321 million. For the TTM period, it was $856 million. - **Total Available Liquidity**: As of June 30, 2026, total available liquidity was $1,424 million, including $980 million of undrawn availability on the asset-based revolving credit facility and $443 million in cash and cash equivalents. Liquidity adjusted for a bond issuance funded on July 1, 2026, was $2,763 million. - **Net Leverage Ratio**: Decreased to 3.0x as of June 30, 2026, from 3.4x as of June 30, 2025. ### Operational Metrics - **Operational Locations**: EquipmentShare.com Inc. had 430 operational locations as of Q2 2026, a 24% increase from 348 locations in Q2 2025. 23 new locations were opened during Q2 2026. - **Original Equipment Cost (OEC)**: OEC under management increased by 34% to $9,851 million as of Q2 2026 from $7,360 million in Q2 2025. This includes $4,235 million of EquipmentShare.com Inc. owned fleet and $5,533 million of OWN Program fleet. - **OWN Program Payouts**: Totaled $234 million in Q2 2026, up 35% from $173 million in Q2 2025. On a TTM basis, payouts were $837 million, a 47% increase from $569 million in the TTM ended June 30, 2025. - **New Market Start-up Costs**: Remained flat at $60 million in Q2 2026 compared to Q2 2025. On a TTM basis, these costs increased by 7% to $245 million from $229 million in the TTM ended June 30, 2025. ### 2026 Outlook EquipmentShare.com Inc. anticipates total revenue for the year ending December 31, 2026, to be between $5,254 million and $5,682 million, with Rental Segment revenue projected between $3,472 million and $3,748 million. Adjusted Core EBITDA is expected to range from $1,946 million to $2,058 million. The company plans for 427 to 435 full-service rental locations. ### Related Stocks - [EQPT.US](https://longbridge.com/en/quote/EQPT.US.md) ## Related News & Research - [12:45 ETEquipmentShare.com Inc. (EQPT) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit](https://longbridge.com/en/news/297214803.md) - [EquipmentShare.com's (EQPT) "Buy" Rating Reiterated at Truist Financial](https://longbridge.com/en/news/296922650.md) - [EquipmentShare Founder, President William J. Schlacks acquires 2,000 common shares for $37,280](https://longbridge.com/en/news/296826501.md) - [Prosus shareholders approve EUR 0.28 per share distribution for FY26](https://longbridge.com/en/news/297163888.md) - [Cybeats updates financial calendar, schedules Q2 fiscal 2026 results webcast](https://longbridge.com/en/news/297086797.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**