Custom Truck Q2 FY26 net income returns to profit at $10.4 million; revenue rises 10.2% to $563.4 million
Reuters2026/08/03 20:20- Custom Truck One Source posted second-quarter revenue of USD 563.4 million, up 10.2% from a year earlier.
- Net income swung to USD 10.4 million, compared with a loss a year earlier; diluted EPS was USD 0.05.
- Adjusted EBITDA (non-GAAP) climbed 25% to USD 116.8 million; net leverage ratio fell to 3.85x at quarter-end.
- Rental fleet utilization rose 4 percentage points to 81.6%, while average OEC on rent increased 13.1% to USD 1.37 billion.
- Raised full-year revenue outlook to USD 2.1 billion-USD 2.2 billion, lifting adjusted EBITDA (non-GAAP) guidance to USD 437.5 million-USD 455 million.
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