Q1 2026 Equipmentshare.Com Inc Earnings Call Transcript

May 14, 2026 / 12:30 PM GMT

Release Date Price: $24.5 (-5.59%)

Transcript 10-Q8-K

Key Points

Positve

EquipmentShare.com Inc (EQPT) reported a 37% year-over-year increase in rental segment revenue, reaching $764 million.
The company opened 22 new locations, ending the quarter with 407 operational sites, indicating strong expansion.
Adjusted core EBITDA increased by 39% year-over-year to $399 million, showcasing robust financial performance.
The T3 platform provides a significant competitive advantage by offering real-time data and operational insights, enhancing customer value.
EquipmentShare.com Inc (EQPT) raised its 2026 revenue guidance, reflecting confidence in continued growth and demand.

Negative

The company faces risks and uncertainties that could affect forward-looking statements, as noted in their SEC filings.
Non-cash stock-based compensation expense of $17 million impacted financial results, related to equity awards from the IPO.
The OWN program transactions are not evenly distributed throughout the year, potentially causing fluctuations in financial performance.
Net leverage remains a concern, although it decreased to 2.8 turns from 3.2 turns a year ago.
The appraised value of the owned fleet decreased slightly due to normal economic depreciation, despite a strong used equipment market.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EQPT.OQ - Equipmentshare.Com Inc
Q1 2026 Equipmentshare.Com Inc Earnings Call
May 14, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Hello, everyone.

Thank you for joining us and welcome to EquipmentShare Q1 2026 earnings call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again.

I will now hand the conference over to Rhett Butler, Vice President of Investor Relations. Rhett, please go ahead.

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Unidentified_2 [2]
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Good morning, and welcome to the EquipmentShare First Quarter 2026 Financial Results Conference Call.

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